Horse racing is among the most widely attended U.S. spectator sports. It is also a major professional sport in Canada, Great Britain, Ireland, Western Europe, Australia, New Zealand, South Africa, and South America. The most popular form of the sport is the racing of mounted thoroughbred horses over flat courses at distances from three-quarters of a mile to two miles.

Horse racing’s beginnings can be traced back to the 12th century, when English knights returned home from the Crusades with Arab horses. Over the next 400 years, breeding between imported Arab stallions and English mares produced horses that combined speed and endurance.

Horse racing became a professional sport as early as 1702 to 1714. Racecourses sprang up all over England and offered large purses to attract the best horses. The British settlers brought horses and horse racing to America, with the first American racetrack built in Long Island in 1665. The development of organized racing did not arrive to America until after the Civil War. In 1894, the American Jockey Club was formed to govern the sport.

The introduction of pari-mutuel betting for the Kentucky Derby signaled a renaissance for the sport after stumbling badly in the early 1900s. At the end of World War I, prosperity brought spectators flocking to racetracks.

Betting can be done online or at the race track, online horse betting has been a growing trend for its ease and instant ability to place a bet.