A horse race is an organized sport, often linked to gambling, in which riders compete to win a contest involving a thoroughbred or other breed of horse. The horses are ridden over dedicated courses, and the participants try to predict how the horse will finish in terms of its position and place in the race, which is measured by the number of total number of points scored by the winning horse.
The horse race is a classic example of a for-profit enterprise that must balance its financial bottom line with the welfare of the horses. As a result, the industry is constantly struggling to balance the needs of gamblers and horse owners with the need for ethical treatment of the animals. Despite these challenges, horse racing remains popular and profitable in many parts of the world.
For example, in the United States, racetracks generate about $1.4 billion in annual revenue through wagering. This revenue is shared between horsemen, track operators and state governments. However, horse racing is also a dangerous sport. Horses can break bones, suffer heart attacks or even die in the midst of a race due to the exorbitant physical stress of running and training. The deaths of Eight Belles, Medina Spirit and other top runners have led to a reassessment of the sport.
During his reign as Louis XIV (reigned 1643-1715), betting on horse races was very common in France. In fact, the practice was so widespread that it became an official part of the national culture. Moreover, Louis XIV established rules for racing based on gambling, such as requiring certificates of origin for horses and imposing additional weight on foreign-breds.
The history of horse racing in the United States dates back to the 1660s, when the British occupied New York City and started building racecourses on Long Island. The earliest standardized races were called King’s Plates, which were held for six-year-olds and required horses to carry 168 pounds in four-mile heats. By the mid-18th century, the industry had expanded to include open events. These had different eligibility requirements, such as age, sex, and birthplace. Stamina, rather than speed, became the benchmark for equestrian success.
While criticisms of quick political polls date back decades, there has been more recent debate about whether journalists should focus on “horse race journalism.” Multiple studies indicate that when the media covers elections primarily in terms of how two candidates are vying against each other, voters, candidates and the news industry itself suffer. This critique has been particularly vocalized by Jay Rosen, a prominent critic of the press and professor at New York University, and by media scholars who study the effects of news coverage on voters and political participation. However, there are some advantages to horse race journalism that may help reporters better serve the public interest. For one, horse races tend to feature underdogs, and reporting on these dark horses can teach journalists to keep an eye out for potential winners in other races as well.