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Cathay Pacific International Races 國泰航空香港國際賽

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chin:
I don't usually get the chance to go to the track to see live racing, except the once a year CXIR day, when there are many unknown horses and jockeys congregate for the big day. Our probability model does not work with these unknown horses and jockeys.

chin:
A Day At The Races (12 Dec 2004)

Probably the biggest day of the year for horse racing in Hong Kong, with top race horses from around the world competing for over HK$60 million in prize money. I decided to go to the Sha Tin Racecourse and take some pictures.

The first stop was the new HK$400 million parade ring. We have the biggest, grandest, and probably the most expensive parade ring in the world. And it was packed.

chin:
A Day At The Races (12 Dec 2004)

I spent about one hour at the track watching the biggest races of the day - the 2000 meters HK$18 million purse Cathay Pacific Hong Kong Cup.

The picture below is the starting gate. I heard that the race was simulcasted to over 10 other countries.

chin:
A Day At The Races (12 Dec 2004)

My fellow amateur photographers.
Or serious ametuers, judging from the equipment and their willingness to lug around the heavy stuff.

chin:
A Day At The Races (12 Dec 2004)

Horse racing is a big deal in Hong Kong.
 
The betting turnover per race is the biggest in the world and betting tax accounted for >10% of the government's budget.

But for the people here, racing offer hopes before the result is known, and losses to be classifie under entertainment expenses.

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