Moonee Valley Racecourse Moonee Valley Racecourse Moonee Valley Racecourse is a horse-racing track in Melbourne, Australia. Moonee Valley Racecourse was established in 1883 by William Samuel Cox, who purchased a farm belonging to John F. Feehan for the purpose of establishing a racetrack. Being entirely freehold land owned by a private club, this separates Moonee Valley from other Melbourne racecourse such as Caulfield and Flemington. Expansion of the racecourse facilities occurred in the 1960s, funded by compensation for land acquired for the construction of the adjacent Tullamarine Freeway. In the 1970s harness racing moved to the Valley, when night trotting relocated from the
Betting on horse racing Betting on horse racing Betting on horse racing or horse betting commonly occurs at many horse races. Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks; one such is Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank (TD Bank) Carolina Cup and Colonial Cup Steeplechase in Camden, South Carolina, where, because of a law passed in 1951, betting is illegal. Where gambling is allowed, most tracks offer parimutuel betting where gamblers' money is pooled and shared proportionally among the winners once a