I've always had an underlying feeling that you guy's are in some way, bad people or bordering on being downright evil (ok, I'm kidding about that). The only reason I can come up with is that my late Grandfather was a hardcore Handicapper and spent his free time (and money) at the track. Understandably, his family was upset about it and later in life when I was growing up, there was always an underlying tone of resentment toward the sport and I have always carried this feeling of Horses Racing: .

I can't leave your sport out of my site so I asked a friend of mine who loves horse racing to assemble a list of his favorite sites for the sport. So if you're new to online horse racing or have been at it a while, I think you'll find these links very useful.

Las Palmas is not only a world class Sportsbook, we are also a fantastic resource for horse race betting! With nearly a decade of experience in horse wagering, Las Palmas brings you all of the wagering variety, at over 75 race tracks across The United States. Horse wagering at Las Palmas is Non-Pari-mutuel, so you can bet without negatively impacting the odds.

Las Palmas is the only online book that gives you access to ehorseX, the betting exchange. Betting exchange prices are typically 20% better than tracks odds. Contact customer service today or simply go.

Often refered to as 'The Sport of Kings', for centuries horses have been raced for the purpose of gambling on the result. These days it is almost exclusively Thoroughbred horses that are raced, but Quarter horse and Arabian horse events are also held.

Betting on horse races is sanctioned and regulated by governments the world over and is a significant economic activity, with large horse racing industries filling state coffers with tax dollars.

Major horse racing countries include the United States, Australia, New Zealand, Great Britain, Ireland, France, Italy, Hong Kong, Japan and the United Arab Emirates. Via the internet, online racebooks allow gamblers to follow and bet on nearly every race in every country.

The world's richest horse race is the Dubai World Cup, with a prize of $6 million. In the United States, the is the most prestigious event, consisting of the Kentucky Derby, the Preakness Stakes and the Belmont Stakes.

In Great Britain they have two main types of horse racing - flat racing and National Hunt. The biggest flat races are the Royal Ascot Festival which has run since 1711, and the Epsom Derby - which is the second leg of the British Triple Crown. The biggest National Hunt race is the Grand National at Aintree, with 30 fence and hurdle obstacles making for quite a spectacle.

The southern hemisphere's biggest race and perhaps the best horceracing carnival of all is Australia's Melbourne Cup, held on the first Tuesday of November every year since 1861. It is known as the 'Race that stops a Nation' with race day being a public holiday in the city of Melbourne and over 120,000 people attending Flemington racecourse each year for the 3200m (two mile) cup. In 2007 over 700 million people from 120 countries tuned in to the live race broadcast.

Read on to learn about the different types of horse racing bets and our recommended online racebooks, which usually offer better odds than you will receive at any trac