The Future Of Horse Racing Events in the UKI

It’s been a long time since horse racing was considered a “sport for the kings”. Even though it’s no longer associated with royalty and monarchy, horse racing attracts thousands of fans and sponsors worldwide each year. Despite its popularity, animal rights activists are breaking down on horse racing events, forcing many countries to close down race tracks and suspend tournaments.

Nobody knows exactly what the future holds for horse racing in the UK, but there are some indicators we can take a look at, and maybe some changes that can be introduced to make the sport more appealing and more humane.

One thing is certain, a lot of betting companies and online sportsbooks have adopted horse race betting, and now offer amazing promotions. One of those sportsbooks is LiveScore Bet, which offers a unique LiveScore Bet bonus that you can claim after you register an account.

Horse Racing Is Becoming a Global Sport

Even though this point doesn’t touch on the UK directly, horse racing has been rising in popularity in Japan, Qatar, and Dubai whereas before it was confined mostly to the USA, Australia and Europe. Investors in the sport are now looking to change this with worldwide infrastructure investments and horse racing facilities being built.

If more people are interested in horse racing, chances are there’s bound to be an innovation which will lead to horse racing taking its rightful place as one of the most prominent sports in the UK. Global recognition of a sport is always a good thing, which will indirectly positively benefit horse racing in the UK as well.

More Betting Companies Are Starting To Support Horse Racing

Every day more and more betting companies are starting to show interest in horse racing as a sport, and this trend shows no signs of stopping or slowing down. In the past betting companies and bookmakers only showed interest in soccer, basketball and more popular sports. Horse racing is now a part of almost every bookmaker out there which is bound to increase its popularity in the UK.

It’s reported that British and European sportsbooks have spent nearly $10 million to partner up and sponsor different horse racing tracks, jockeys and many trainers. With horse racing now being available in online betting shops as well, its popularity has been rising.

And a lot of new people are interested in horse race betting, especially when it comes to events such as the Dubai World Cup.

Exposed To More Scrutiny

Animal rights activists are more active than ever, and the platform on which they can voice their concerns are constantly growing. With the evolution of social media and news, information now spreads very rapidly and it’s extremely hard, if not impossible to hide crucial information about the health of the animals included in the sport.

Trainers and jockeys will have to take much more care about the horses, and invest in their health if they want to stay in the good graces of the public. Governments and different influential groups are likely to have more direct access to the different race tracks and breeding grounds as time goes on. New laws and regulations will likely be implemented in the UK to make sure that the horses are being treated fairly and according to standards.

More Professional Racing Equipment

As riders, horses as well need better equipment for racing which will positively impact their health and increase their health and life span. By investing in good equipment, the level of scrutiny involved in horse racing may decrease as time goes by, which is both good and bad.

However, there are indications that equipment is getting better and better. More sports brands are showing up in the horseracing industry, which is an indication of increased spending on equipment. The more competition there is on the market, the higher quality the offered equipment eventually becomes. Luckily, all stakeholders in the industry agree that the health of the horses is a top priority for everyone.

Prize Will Decrease

With the global pandemic and the security crisis, more funds will be redirected toward battling these problems. Unfortunately for the professional racers, for now, prizes for winning tournaments are likely to get lower before they get higher. In the past horse races easily attracted over 100,000 fans on a stadium or racetrack, while that number has been decreasing for a while. But as innovations and more sponsors show interest in the sport, it’s almost certain that prizes will go up sooner rather than later.