Horse racing was cool back in the days but not anymore, I read online that the decline of such sport began in the year 2011, that's a very long time ago, it was already predicted that betting on horse racing would see a major decline, by now the horse race betting interest have already decline up to 30% if not more.
The sport have failed to keep up with other sports like volley, basketball, soccer, tennis and others, the truth is horse racing isn't modern type of gambling and the competition already outpace many attempts of horse racing bets companies.
We all love horse racing, in the 90s I prefer watching movies that have horses in them, that's why I get so much love for cowboy movies, Clint Eastwood for example, people like OP still believes that horse racing rocks, that's no lie, today, many people believe that horse racing can be saved if bring into the modern age but sadly, many believe it's still too old fashioned, and this my friend is where I belong.
There are several factors that cause a decline in the interest of most people in horse racing and in the current era more people choose sports such as Football, Cricket, Basketball, Tennis and also Esports to use as a betting option and can provide entertainment when watching them because in Some of these types have been loved by almost everyone in the world and are often the subject of hot discussion.
Moreover horse racing is no longer a trend and there are only a few countries that have this type of sport and quite a few countries also prohibit horse racing because they think it is very torturous to animals.
Due to the increasingly rapid development of the times it seems difficult for horse racing to grow again and be loved by many people again like it was a few years ago when it was still in the 90s.
Well now things are very Different From the 90s, I think the Biggest Reason why the rise of Horse racing has been its decision to defend animals, animal protectors detected that animals are being very mistreated by their owners, or by their children, that this was not the way to treat them so that they would perform, it is fine for an Animal to receive Training to do a type of activity, but not under a scheme that is entirely aimed at violence, for that it is not done in a very traumatic way, then this is what management really is, I think they are partly right, one cannot admit that an animal is treated badly, I don't know but at least I don't see it as correct, a animal Cannot Speak it cannot Defend itself, then these things are what make anyone feel bad, that is also why cockfights have decreased, and Although they are completely different Things, things when it comes to animals are now very delicate.
When I was at the U , I knew that many friends liked to bet, and they went to places where these competitions were held and they really bet hard on horses, the truth is I never did it, because I was more focused on studying than making money , but that experience would have been great, what I didn't know well and I think I had said it in a previous post is that the horses treated them so badly, that is something that should not be, a person, an animal that treats itself badly because it is not the idea, because that way it doesn't work, it doesn't work, it can't even do the right thing, because violence against an animal or person can cause trauma, it can take away their self-esteem, it can generate many problems, sometimes animals suffer from these types of things too. Because really, when things are focused in that sense, bad things are created in the Behavior of the animal, maybe the horses were starting to die or something, the food was not adequate, because these things are what make them bad. and considered abuse.
When I used to play the horses say 1970 to 1990 I must have seen 20 horses or more break a leg and be put down. I also saw a jockey get killed at Belmont racetrack.
https://en.wikipedia.org/wiki/Mike_VeneziaAlso saw Julie Krone get stomped on her chest and almost die.
She never road as well as she did before that accident.
https://en.wikipedia.org/wiki/Julie_KroneShe was a beast of a rider back in her first few years.
"She made her debut as a jockey on Jan. 30, 1981, at Tampa Bay Downs in Florida, on a horse named Tiny Star. She won her first race on Feb. 12, 1981, also at Tampa Bay Downs, aboard Lord Farkle. Within a few years, her success made her a well-known racing personality. Krone was the only woman to win riding championships at Belmont Park, Gulfstream Park, Monmouth Park, The Meadowlands and Atlantic City Race Course. She would go on to make appearances on The Late Show with David Letterman, The Tonight Show with Jay Leno, and appear on the cover of Sports Illustrated for the issue of May 22, 1989, one of only eight jockeys so recognized (the others are Willie Shoemaker, Bill Hartack, Eddie Arcaro, Johnny Longden, John Sellers, Robyn Smith and Steve Cauthen). In 1993 she received an ESPY Award as Female Athlete of the Year"
I think people won't bet because of this clip on YouTube being true.
https://www.youtube.com/watch?v=7RAPIlytbzswhich the whole clip