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 South Korea Horse racing in South Korea Horse racing in South Korea traces back to May 1898, when a foreign language institute run by the government included a donkey race in its athletic rally. However, this type of racing was sponsored for entertainment purposes only. No betting was conducted. It was in 1920s that 'modern' horse racing involving a betting system made its debut. In 1922, the Chosun Racing Club, the nation's first-ever authorized horse racing club, was established to make horse racing more systematic and better organized. In 1923, the pari-mutuel betting system was officially adopted for the first time in