Horse Racing Betting Statistics and Trends in the UK (Sponsored content from Deepak Parashar)
Horse racing is a popular sport in the UK. Many UK betting sites offer horse racing betting. This article focuses on the statistics and trends shaping the horse betting market in UK and the latest trends that are shaping it.
Horse racing betting in the UK is one of the biggest sports to bet on. The percentage of horse racing viewers that are willing to place a bet is 97.4%. The annual turnover from off-course horse betting has decreased from £5,74 billion to around £4 billion. There is also a decrease in annual revenue on on- course horse races betting.
Horse racing betting in the UK is declining year after year. The cost of organizing a horse racing event has almost doubled since 2005. Mobile betting apps are becoming more popular. Grand National is the most popular UK horse race. 500 million people from over 140 countries follow this event. It brings together the biggest fans and bettors. There are many sports betting events in UK. They are organized by different sports. Some of them are horse races. In-game betting is a betting practice that allows bettor to place bets on races that have already started. Many sportsbooks offer special bonuses and promotions for their special mobile betting app.
