It seems that the horse racing industry has taken a bit of a hit in recent years. The main complaint seems to be about the high profitability of online betting, however there are also some grumbling about the lack of transparency in the industry. Some states, like Ohio, just won't allow their horse racing tracks to deviate from traditional betting.
They probably don't wish to force horse racing to change from their traditional parimutuel system to a new betting system. This is where I think things can turn around for the sport. Horse racing is an individual sport, and like any other individual sport, it is reliant on its own little quirks and secrets. I think if the racing public realized how much profit the top trainers and jockeys make, they'd support a change to a fixed-odds system. There is certainly room for improvement.
One idea that I've heard is that the best way for the sgpool horse racing industry to combat these criticisms is to set up websites that allow the public to place bets based on the performance of the horses and the various equine riders and coaches. If you can get all the information on each horse in the race, you can make very accurate and informed wagers. Once the race is over, you'll know who did well and who didn't. You can then take this information and place bets accordingly. Obviously this won't work if there aren't horse track websites out there.
I think the best idea would be to allow individuals to place bets based on "the system" or a new system. This idea has some merit because it gives the punters more options. It also allows the punters more control over where their money is going. For instance, rather than just being able to choose from a bunch of local tracks, you can pick and choose the ones you want to bet on. If you want to play it safe and only bet on turf horses, you can do that. If you're a wild horse race fan that is willing to lay high-odds bets on the favorite and the other favorites, you can do that as well.
I don't think the horse racing industry will ever go back to the days of giving away free tickets to the races. People love to gamble and they love to watch the racing industry suffer. I think they are afraid if they give free tickets away they'll be replaced by gambling websites with higher paying betting systems. That isn't true though and you're not likely to see people actually gambling away their winnings from the racing industry.
The bottom line is the horse racing industry is bigger than ever before and the races are fun for everyone. Singapore pools online betting and gambling are great hobbies and can actually become an income if you play your cards right. You don't have to risk a lot of money to get into the sports betting business though. With a little hard work and smart strategy, you can become a very successful sports bettor.