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General Horse Racing FAQs

Your most common questions about horse racing, answered in one place.

Rob Lawson avatar
Written by Rob Lawson
Updated over 6 months ago

Whether you're brand new to the track or returning after a break, horse racing can feel overwhelming. This guide answers the biggest general questions about the sport — from how it works to why it's still one of America’s most exciting betting markets.


Frequently Asked Questions

What is horse racing and how does it work?

  • Horse racing is a sport where multiple horses, ridden by jockeys, compete over a set distance on a track. The first horse to cross the finish line wins. Bettors can place pari-mutuel wagers on the outcome.

What are the main types of horse races in the US?

  • The three primary types are Thoroughbred racing (flat races with galloping horses), Harness racing (trotters or pacers pulling a sulky), and Quarter Horse racing (short sprints). Each has its own pace, rules, and betting opportunities.

What is the Triple Crown in horse racing?

  • The Triple Crown is a prestigious title awarded to a 3-year-old Thoroughbred who wins the Kentucky Derby, Preakness Stakes, and Belmont Stakes in the same year. It’s one of the rarest achievements in the sport.

How do I know which horse to bet on?

  • Most bettors use a combination of past performances, trainer/jockey stats, speed figures, and gut instinct. Tools like the racing form and expert tip sheets can help guide your selections.

Is horse racing still popular in the US?

  • Yes. While not as mainstream as football or basketball, horse racing draws millions of fans to events like the Kentucky Derby and Breeders’ Cup, and generates billions in legal wagering annually.

How do horse racing odds work?

  • Horse racing uses pari-mutuel betting, meaning odds fluctuate based on how much money is wagered on each horse. The final odds (and payouts) are determined just before the race starts.

What does “in the money” mean in horse racing?

  • “In the money” means a horse finishes in the top three positions: first (Win), second (Place), or third (Show). These finishes correspond to the most common bet types.

Are all horse races run on dirt tracks?

  • No. US races can be run on dirt, turf (grass), or synthetic surfaces. The surface can impact a horse’s performance depending on its preference and past results.

Can I attend a live horse race in person?

  • Yes! Venues across the US welcome fans for live racing. Many also offer simulcast betting, food and drink, and promotional events. Check out your local Winners venue for details.

Is betting on horse racing legal in every US state?

  • No. While pari-mutuel wagering is legal in most states, regulations vary. Always check your local laws or the MyWinners.com platform for state eligibility and verification requirements.

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