Melbourne Cup 31 October 1873 announced that the following Thursday (Cup Day) be observed as a bank and civil (public) service holiday. The Melbourne Cup was first run on a Tuesday in 1875, the first Tuesday in that month. On 7 November 1876, the three-year-old filly, Briseis, owned and trained by James Wilson Snr., won in a time of 3.36.25. Briseis then went on to create a record that is never likely to be equalled, winning the VRC Derby, the Melbourne Cup and the VRC Oaks in the space of six days. She was ridden in the Melbourne Cup by the tiny
Horse racing wasn't until the 1920s that modern horse racing involving betting developed. The nation's first authorised club, the Chosun Racing Club, was established in 1922 and a year later, the pari-mutuel betting system was officially adopted for the first time. The Korean War disrupted the development of horse racing in the country, but after the Seoul Olympics in 1988, the Olympic Equestrian Park was converted into racing facilities named Seoul Race Park, which helped the sport to develop again. The big race in the UAE is the Dubai World Cup, a race with a purse of US$10 million, which was the