Among the oldest spectator sports in the U.S., thoroughbred horse racing originated with the British who introduced the sport to Colonial America a century prior to the Revolutionary War. Proving hugely popular with the colonists, horse racing has remained so, that is until recent years. While still attracting a considerable number of fans, there has been a noticeable and continuing decline in live track attendance.. This can be directly attributed to competition from other forms of gambling, and most certainly due to the convenience of betting at off-track facilities and more emphatically via the internet.
There are still plenty of die-hard handicappers out there, but with gambling sites offering streaming audio/video, etc. the horse player can experience the excitement of the race and place bets with the on-line casino without leaving home. In fact there are literally billions of dollars still being waged on horse racing, but it is estimated that no more than 15% of those wagers are placed at the race track betting windows.