Horse racing in Ireland industry go from strength to strength. The Irish horse racing industry is today worth €1 billion per annum, employs over 14,000 people, and is a major player on the international scene. In Ireland, the Flat racing season runs from mid-March to mid-November, and comprises races started from stalls, run over 5 to 20 furlongs. These races are held at 23 racecourses, of which 3 run only Flat. National Hunt racing, or Jump racing, is run year-round in Ireland, but the main season takes place from November until the end of April, coinciding with the lull of the flat racing season.
Spring Racing Carnival turns its attention to the racing. There is also an Autumn Racing Carnival, a time where Group One races are also held. The carnival, and particularly the Melbourne Cup attracts the interest of many people otherwise uninterested in horse racing, and special forms of very low-stake gambling are often used for this event. One common form for groups such as office staff is the "sweep", where each participant adds a small fee to a "pot" and draws the name of a horse like a raffle. Prize money is distributed to the person who draws the winning horse (occasionally smaller prizes