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Engineering Evolution of Horse Racing Betting: From Ancient Times to Blockchain Technology

Horse racing stadiums have a long and storied history, dating back to ancient times. Now engineers are revolutionizing the sport using technology.


Here’s what you should know about the engineering evolution of horse racing. The history of betting officially started in 1790 in the UK, but in fact, such activity was common long before that time. Even in ancient Rome and Ancient Greece, engineers were building stadiums for competitions that were regularly held at which noble gentlemen could make their predictions and win money in case of a successful outcome. However, the beginning of the history of betting on horse racing is still considered the end of the 18th century.

 

It’s not surprising that the tradition was born in the UK since it’s really hard to find a country where horse races are appreciated more. The tradition of making money on such events was born there: a coefficient was calculated for each horse. The first bookmaker’s office was opened only in 1850, and before that, bets were made directly on the hippodrome.

Engineering of Horse Racing Betting & Spreading Worldwide

Over the next 30 years, entertainment began to spread beyond the British border, and civil engineers started the construction of horse racing stadiums. Countries like the US, France, and Germany quickly began constructing horse racing stadiums. However, it is worth noting that until the middle of the 20th century, any gambling entertainment was prohibited, so a huge number of bookmakers worked illegally.

And only in 1961, the governments came to the conclusion that such activities should be legalized since a huge number of adrenaline lovers made bets in underground clubs. Since then, a new era of horse racing betting has begun, and the construction industry has flourished.

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horse racing tickets, jockey, sports

Modern Betting Realities

Now everyone can try to predict the event’s outcome: just choose the right website. Of course, it would never occur to modern fans of excitement to go to the hippodrome or to the bookmaker’s office since everything can be done online with a few clicks. The main thing is to choose a trustworthy casino online Canada that will provide fair conditions and payout properly.

However, it’s not as easy as it seems at first glance since it’s important to think over the strategy and count all risks.

Latest Engineering Technologies in Online Horse Racing Betting

Technology development made such entertainment accessible to everyone, thanks to software engineers and electronics engineering professionals. But gaming platforms continue improving to provide bettors with an even better experience. Take a look at the developments that have boomed the industry and increased interest from more users!

Mobile Engineering Opportunities for Fans of Horse Racing

The possibility to place a bet from a smartphone delights everyone since the anticipated event can take you anywhere. This were made into reality by electronics and telecommunication engineers. Most betting sites are adapted for mobile devices, keeping bonuses and other advantages, which is a significant benefit for those who are always on the move.

Cryptocurrencies for Increased Security

Even though betting is already legal in numerous countries, there is still a lot of fraud happening on the Internet. So, it’s not surprising that users depositing in sportsbooks fear losing their personal funds.

Thanks to several software engineers and AI engineers, implementing blockchain technology provides faster and more secure transactions, guaranteeing the safety of personal and banking details. More and more bettors prefer cryptocurrencies, which is definitely a trend that changed the industry and will not be left behind.

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Engineered Horse Racing in Virtual Reality

Several decades ago, people could only dream of attending exciting events without leaving their homes, and now it’s our reality! It’s your chance if you’ve always desired to witness horse races with your own eyes but never managed to get out of work or save money for a trip to Ascot.

Nowadays, nothing but a VR headset is necessary to appear anywhere, so it’s an excellent possibility for sports fans and bettors: enjoy the best events when lying on your sofa. Thanks to the electronics engineers!

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Robert Bagatsing
Managing Editor and Founder of GineersNow based in Dubai and Manila. Survived marketing at Harvard, Management at AIM and proud Bedan.

Engineering Evolution of Horse Racing Betting: From Ancient Times to Blockchain Technology

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