In Hong Kong, horse racing is a cultural phenomenon with a huge and sophisticated betting market, not only a sport. The frenzy of bets being placed at Happy Valley and Sha Tin often matches the din of the crowd. Horse Racing Betting in Hong Kong The Hong Kong Way: Diversity Bets and Pari-Mutuel Operating a pari-mutuel betting system, the Hong Kong Jockey Club (HKJC) lets the total amount paid on every horse determine the odds, which vary rather than are set. Dividend payouts can thus be really interesting. Beyond the basic win bet, Hong Kong presents an amazing range… ( Read More )