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Man has been known to use horses for racing since this specie was initially domesticated. Old evidences reveal that since 4500 BC, the nomadic people of Central Asia has developed methods of horse racing. In fact, the Greeks are proven to have incorporated horse racing in the Olympics since 638 BC. 

Both the chariot horse racing and the mounted horse racing were popular over these ages. Once they have adopted the sport these later became a passion among Romans. 

For thousand of years that followed, this sort of sports was known to be performed only for the noble men and royalties. 

Modern race is believed to have started in the 12th century if the first breeding between Arabian and English horses were made. We were holding sparred by the return of the noble knights to the mother land following the Crusades. They're recognized to have produced sturdy horses with excellent speed. Hence, breeders put them in to tracks and maximized the potentiality of a racehorse. This breed is the Thoroughbred that people know of today which is still the most popular breed in great Britain. 

King Charles II was known to have held horse races in his private classes all through 1660 to 1685. 

By the 16th century, the English was known to produce a amount of racecourses. Queen Anne who created the Ascot in 1711 is well known to possess made horse rushing the state game. 

Halfway in 1700s, the Jockey Club is made through the initiation of the elite figures involved with horse racing. This company was the first legion of jockeys that recognized the comprehensive rules and regulations including the standards as included in the activities. Hence, they became the overseers of the activities and approved horse racing events. 

The Jockey Club was also the initiator for the regulation of reproduction among horses. Ergo, James Weatherby, an of the Jockey Club throughout those times, traced back the family lines of most rushing types in England. His studies brought forth the distribution of the Typical Stud Book, which was essentially, the cornerstone of power in terms of the breeds that might be put to battle. According to the General Stud Book, only these pedigrees which have descended from the line of the fundamentals sires are thought as Thoroughbreds. The building blocks sires are the: Byerley Turk, Darley Arabian and Godolphin Arabian. 

Just in 17th century did the sport get to America that the very first racetrack was seen in the Long Island. While it has become a favorite activity among Americans, no-one caused the formalization of horse racing until following the Civil War. Because of the already-established passion plus the professional growth, and widespread gambling on horse races, the sport grew largely by the year 1890 when 314 operating tracks are regarded as on normal function in the united kingdom.  [http://www.bookiebestbet.com.au/ sportsbetting]

Due to the lack of a governing body, this activity had become strictly dominated by criminal elements. In 1894 though, the absolute most prominent and high-ranking firm homeowners met and organized the American Jockey Club that has been patterned on the machine as employed by the Jockey Club in England. 

Nowadays the sport has reached various countries around the world. Governing bodies were also formed to modify the horse racing activities.