Of the different kinds of racing genre present in Australia, the most spectacular is the one above. It is a popular gambling on horses as a past-time or kind of investment for the returns. In the year 2009, a staggering $14.3 billion of money was wagered as we can tell by bookmakers. These records are found from TAB, the board of Totalisator. Since 2010, the record high amounts have remained consistent despite the economy moving up and down over the years in the continent. And, the number of races has also increased. It can be noted that the highest jump was between the decade 1990 and 2000. The numbers jumped by more than 3 times what it was used to be earlier. This also employs over 77,000 regular full-time and over 2.5 million part-time jobs. So, the industry is huge and the figure still you the dominance of the sport across the region.The national record keeper is Racing Australia. The most notable horse races are the Melbourne Cup and the Victoria Derby. And, apart from them, there is a whole range of separate races and promotion going on throughout the year. What leads to this influence and year after year consistently?
From several clubs to racing groups like bjorn baker have participated in these for years. The horses are today well bred with the use of latest technology and genetics. This is a field of science that allows you to merge the strongest points of two breeds into one. So, what we have finally been a good candidate for the race. It has the strongest points to stay ahead of others. And, this is a competition. To stay ahead of the curve, you have to have the best figures. The bloodlines are the best part of it. They separate the ones that are naturally fast. Then, the crucial factors are the jockey and the trainer. They are doing a good enough job with the horse so that it is trained well for the race.
Of these several races, the gambling and winning or losing together decide the future of the team, and the syndicate as a whole. A lot of third party businesses depend on this. The current figures tell that there are over 374 registered race clubs, and the one above is just an example. These together, conduct more than 2694 races annually. There are 360 race courses in all over Australia and the winners stand to make a staggering sum of $427,245,000 in prize money, hypothetically speaking. It is known that all the syndicates combined own over 30,000 horses in good conformation with over 3600 registered trainers and over 1000 jockeys.