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The HKJC conducts nearly 700 horse races per year at its two race tracks at Sha Tin (沙田) and Happy Valley (快活谷). During the 2001/02 racing season, the HKJC licensed 1,144 horse owners, 24 trainers and 35 jockeys and had 1,435 horses in training. In 2002–2003, the betting turnover was HK$71 billion.
There is a precedent for HKJC officials to delay Mark Six drawings when there is a big accumulated jackpot (Chinese: 多寶), so as to allow people extra time to buy a ticket. [12] Drawings have also been delayed due to computer errors at betting stations that prevent tickets from being sold.
Jockey Challenge is a betting option in horse racing in Hong Kong.. Jockey Challenge involves using a Fixed Odds bet type. Once a bet is placed, the dividend is calculated according to the odds fixed at the time the bet is accepted and will not be affected by any subsequent change in odds.
Betting on horse racing is ingrained in local culture and is seen as an investment. [11] During the 2014–2015 racing season the Hong Kong Jockey Club gained per race about HK$138.8 million (US$17.86 million), which is more than any other track worldwide.
The area was previously swampland, but the only flat ground suitable for horse racing on Hong Kong Island. To make way for the racecourse, Hong Kong Government prohibited rice growing by villages in the surrounding area. The first race ran in December 1846. Over the years, horse racing became more and more popular among the Chinese residents. [3]
The Hong Kong Champion Stayer is an honour given in Hong Kong thoroughbred horse racing.It is awarded annually by the Hong Kong Jockey Club (HKJC). The honour is part of the Hong Kong Jockey Club Champion Awards and is awarded at the end of the Hong Kong season in July.
In some situations, a negative breakage may occur—for example, in horse racing when an overwhelming favorite wins (or shows or places). [3] The parimutuel calculation results might call for a very small winning payout (say, $1.02 or $1.03 on a dollar bet), but legal regulations might require a larger payout (e.g., minimum $1.10 on a dollar ...
A new version of Calendar with a text-heavy was added to Windows 8 as one of many apps written to run full-screen or snapped as part of Microsoft's Metro design language philosophy. It is one of three apps on Windows that originate from Microsoft Outlook, the other two being Mail and People apps. Structurally, the three apps are one and are ...