Horse Race Results Fact Sheet

If you place wagers on any horse in any given race in any given event, it is but natural that you would want to know the results of the race, in case you don’t know already. These days, players are not hindered by time zones or geography. A wager can be placed on a racing horse running in a New York based race track, by a player who lives at the opposite side of the globe. That player then watches the outcome of the race via his favored pari-mutuel website at his own leisure.

In the earliest days of horse racing, the only way to know (with all certainty) which horse has won the game or whether the individual’s gamble has paid off was to be physically there at the race tracks and to see the outcome of the race for himself; or at the very least, wait until the papers the next day announce the winners of the events. A player was needed to be physically present when bookies collected wagers and if the event of a winning ticket, bookies paid off dividends right at the race track too. If an individual was not there during pay-offs, chances were that he had to wave his money goodbye. Betting off track was literally unheard off then.

With the advent of technology comes the evolution of horse racing protocols. Telephones, telegraphs and radios became essential tools in “broadcasting” the actual race through the wires. Back then, this technology had already enabled some entrepreneurial minded players to establish off-track betting stations. Bookies became mobile, often setting up shop where radios were accessible. Certainty about the outcomes of the races could be immediately established even if the players were not physically present or anywhere near the race tracks. Other impertinent information was also sent through the wires like the horses’ pedigree, trainers, owners, last races’ performances, handicap details, etc – encouraging players to develop many types of wagering systems.

The introduction of television to the general public brought about a whole new dimension to both on and off track racing. This technology literally brought the races “closer” to the people, making it more exciting (especially since the players could see the results for themselves.) Soon, off track betting stations had televised races which eventually reached a larger (betting) audience base.

These days, Internet “simulcasting” of the races is the current trend in the horse racing industry. Websites of the various race tracks and web-based pari-mutuel betting stations simulcast the outcomes of the races, along with providing players with the odds for the horses, and other information traditionally displayed in daily racing forms or DRFs. Not only is this the quickest form of information dissemination, it is now also, by far, the cheapest.

About the Author

KANATI Inc.


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