Cheltenham Gold Cup chasers as Arkle, Best Mate, Golden Miller, Kauto Star and Mill House. The Gold Cup is the most valuable non-handicap chase in Britain, and in 2014 it offered a total prize fund of £550,000. The first horse race known as the Cheltenham Gold Cup took place in July 1819. It was a flat race, and it was contested over 3 miles on Cleeve Hill, which overlooks the present venue. The inaugural winner, Spectre, won a prize of 100 guineas for his owner Mr Bodenham. The Cheltenham Gold Cup was first run as a jumps race on 12 March 1924. The
Horse racing in the United States as The Triple Tiara. While there is some disagreement over which three races make up the Triple Tiara of Thoroughbred Racing, the Arabian list is more formal and consists of Daughters of the Desert Oaks in California, the Texas Yellow Rose Stakes, and the Cre Run Oaks in Delaware. American betting on horse racing is sanctioned and regulated by the state the racetrack is located in. Simulcast betting almost always exist across state lines with no oversight except the companies involved through legalized parimutuel gambling. A takeout, or "take", is removed from each betting pool and distributed according to state