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  • Funny Cide to Make Appearance in Saratoga

    By Blood-Horse Staff

    Racing fans in the Saratoga Springs, N.Y. area will have multiple opportunities to see Funny Cide-the only New York-bred to have won the Kentucky Derby (gr. I)-from Aug. 3-8.

    "The last time he was in Saratoga was two years ago, and he's certainly a fan favorite," said Jack Knowlton of Sackatoga Stable. "We're real happy to have the opportunity to let his fans come out and meet him."
  • Funny Cide will make an appearance at the Spa

    By Tim Wilkin
    The Times Union

    SARATOGA SPRINGS - Want to see Funny Cide? You'll get your chance next week when the 2003 Kentucky Derby and Preakness winner will be in town from Tuesday through Sunday.

    "The last time he was in Saratoga was two years ago and he's certainly a fan favorite," said Jack Knowlton, the managing partner of Sackatoga Stables, which owns Funny Cide. "We're really happy to have the opportunity to let his fans come out and meet him."

    The New York-bred will be the special guest at Fasig-Tipton's "Weanling to the Winner's Circle" seminar at the Humphrey S. Finney Pavilion on Sunday, Aug. 8 at 9 a.m. (registration at 8:30 a.m.).
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  • Financial Article: The Financial Side of Horse Racings - Bets

    Horse racing has been organized since ancient times, and references to it have existed since ancient Babylon, Assyria, and ancient Egypt. The type of race and the way they took place varied from nation to nation depending on the specifics of the place.

    On the North American continent, horse racing originated in the second half of the seventeenth century, more precisely in 1665, when the first running track was built on Long Island, New York. The scale of the phenomenon was so great that by 1890 314 racecourses had already been built.

    Betting was banned in the early 20th century, but with the introduction of the mutual betting system in 1908, the horse racing industry experienced a formidable turn. Currently one of the best online bookmakers for horse racing is Stanjames. The very good odds offered to the bettors and the number of offers made makes Stanjames the ideal place for horse racing enthusiasts.
    The Triple Crown races are the perfect opportunity to bet big bucks, especially as the three races, Kentucky Derby, Preakness Stakes, and Belmont Stakes, are real Grand Prix in the field.

    The Kentucky Derby is traditionally held on the first Saturday in May at Churchill Downs in Louisville, Kentucky. Preakness Stakes takes place two weeks later in Baltimore, Maryland, and Belmont Stakes runs three weeks after Preakness on Long Island.

    Since 1955, endurance races have appeared on the map of horse racing in the USA, the first and most famous of which is the Tevis Cup. Scheduled 100 miles long, it started in Squaw Valley and ended in Auburn.

    Horse racing betting in the United States is regulated by the law of the state on whose territory the racetrack is located, and on average 17% of each win is retained as a tax on the state budget.

    The race with the highest prize in Europe takes place at the Longchamp Racecourse near Paris and is called Prix de l'Arc de Triomphe. The total prizes at stake by the organizers amount to 4 million euros. It takes place on the first Sunday in October. Other reference races held in France are the Grand Prix de Paris in mid-July, as well as two other classic Prix du Jockey Club and Prix de Diane races, both held in June at the Chantilly Racecourse.

    Horse racing betting is as old as the discipline itself, and in the last 10 years, online betting has seen a massive increase. Bettors now have their own "Betting Shops" in the virtual environment to place their bets, and with the help of technology, they are informed about the condition of each horse, the history of the races, the profile of the Jockey.

    The tradition of horse racing has been exported to Hong Kong, where Happy Valley and Sha Tin, the two approved racetracks, are organized in almost 700 races each. China, Malaysia, Singapore, India, Japan, Mongolia, Pakistan, South Korea, and the United Arab Emirates are other places where horse racing is an industry in sports betting.

    The most important race in the UAE is the Dubai World Cup, a race in which the prize won 6 million dollars. It is equally true that mutual betting is not accepted by UAE legislation simply because betting is generally prohibited.

    In general, there are three ways to bet on horse racing: for victory, place, and show. The winning bet is simple and the winner is the one who bets correctly on the winning horse. In the case of a place bet, the bettor indicates on the ticket played the place where the favorite horse will finish the race. In the bet for the show, it is chosen if a certain horse finishes in the first three places.


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