Horse betting has been a popular form of gambling and a way of making big money since time immemorial. Along with other forms of gambling, horse racing is also a game of chance, involving the use of cards and various other equestrian devices. Horse racing was also a favorite pastime for many notable personalities, including King Henry the VIII who enjoyed a record stretch of 14 wins in a row. Since the time of its inception in the United States in the late 1700’s, thoroughbred racing has virtually been a constant in popular culture – from the satisfying of the …