The Triple Crown Series combines three races: The Kentucky Derby, The Preakness Stakes, and The Belmont Stakes. All three races are considered premiere racing for 3-year-old Thoroughbreds, and each shares a grade I status.
The Triple Crown Racing Grades
Grades of races help define class and prestige. Generally, graded races are the most competitive and the purses the most lucrative.
In late-November, a committee meets to analyze various factors and decides what races will receive a graded status. Grading stakes are important for signifying achievements in competitive races. They are also useful for guiding owners and breeders about a Thoroughbred’s pedigree and history.
A few other significant grade-I races are the Kentucky Oaks, Metropolitan Handicap (or Met Mile), and the Breeders’ Cup Classic.
The talent and competition found in graded fields represent a lot of competition, making them a prime opportunity for betting. Not all horses can be short prices in graded stakes, though. Therefore, the high level of talent can provide excellent opportunities for upsets and big payouts.
In North American Thoroughbred racing, the Breeders‘ Cup World Championships are considered horse racing’s year-end event. The two-day affair draws top talent from around the world, making for a spectacular event with international flair.
Sports Betting in California gets another Boost
Already looking ahead to the election in November, Californians could see several sports betting initiatives on the ballot.
Tomiquia Moss, founder of the charity All Home, said, “If we permit and regulate online sports betting, California residents will benefit from it.” “Twenty-one other states have already made this decision, our state should be next.”
Several tribes backed an initiative for mobile sports betting.
Last week, the signature collection began on a California tribal online sports betting initiative.
Rob Stutzman, a spokesman for the Californians for Tribal Sovereignty and Safe Gaming campaign said:
“While signatures are actively being gathered, no decision has been made to place the measure on the 2022 November ballot at this time. However, that option is being actively considered and discussions among the tribal nations are continuing.”
Despite all this, it still doesn’t mean the proponents will push it into the November ballot. Tribes are planning their initiative meticulously because it is not an easy or cheap process. The going signature rate in California right now is up to $6 per one.