Handicap (horse racing) handicapping a horse race: Handicap (horse racing) A handicap race in horse racing is a race in which horses carry different weights, allocated by the handicapper. A better horse will carry a heavier weight, to give it a disadvantage when racing against slower horses. The skill in betting on a handicap race lies in predicting which horse can overcome its handicap. Although most handicap races are run for older, less valuable horses, this is not true in all cases; some great races are handicaps, such as the Grand National steeplechase in England and the Melbourne Cup in Australia. In the
Horse racing in Wales off-course betting. 1926 saw the opening of Chepstow Racecourse at St Arvans, and although remaining on the margins of British horseracing until the opening of the Severn Bridge in 1966, it is now the country's premier course. Chepstow holds the Welsh National, which is held annually between Christmas and New Year. Due to the growth of other leisure activities and the cost of keeping and breeding horse, flat and national hunt racing went into long-term decline in Wales from the middle of the 19th century. From the middle of the 20th century most of the country's racecourses had closed. Today