![]() Horse racing markets operate in many countries around the world, with major events such as the Kentucky Derby, Royal Ascot, and Melbourne Cup attracting large crowds and significant betting volumes. The odds are calculated based on various factors, such as the horse's past performance, jockey, track conditions, and weather conditions. ![]() The betting market is an integral part of horse racing, where individuals place bets on the outcome of races, and the winnings are determined by the odds set by the bookmakers. The sport is a significant part of the global betting industry, and it has become a multi-Bn $ business. ![]() Global Horse Racing Market Size to Surpass $793.9 Bn Growth by 2030, Exhibit a CAGR of 8.89% | Equestrian Industry Analysis, Comprehensive Study Horse racing is a popular sport that involves thoroughbred horses running at high speeds on a racecourse.
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