Race of the Century (horse racing) Race of the Century (horse racing) The Race of the Century was the name given to a 1986 W.S. Cox Plate, a thoroughbred horse race in held in Melbourne, Australia, between two New Zealand racehorses of the 1980s. The W.S. Cox Plate, held annually at Melbourne's Moonee Valley Racecourse, is one of the most significant races on the Australian calendar. It considered to be the weight-for-age championship of Australia and New Zealand. The race had been won by some of the great thoroughbreds of Australasian turf since its inception in 1922, including Phar Lap, Tulloch and Kingston Town. The race
Betting on horse racing in duty and profits tax, an all-time high. 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