A horse race is a contest of speed between horses ridden by jockeys or pulled by sulkies. It is usually a measured distance on a track and may have one or two turns. The winner is the horse that crosses the finish line first and takes home prize money. The race is often broadcast on television and in betting offices. The sport of horse racing has a long history of scandals and criminal activities, but recent improvements in animal welfare, training methods, drug use, and other issues have improved public perception of the industry.
The horse race metaphor can also be applied to human leadership contests, such as a CEO search. Boards considering this type of contest should first consider whether the culture and organizational structure are compatible with such a horse race, and make sure the winner will be able to lead the company through a period of transition. The board should also consider the impact of an executive contest on the organization and decide if it is appropriate for the business at that time.
During a horse race, the course is marked by numbered flags or pylons, which are placed to guide the horses and prevent them from getting lost. The course is also outlined by a chalk line. The jockeys wear silks to identify them to the public and to differentiate them from other riders in the race. The colors used for the silks are often related to the colors of a particular breed of horse, and the race may be designated as a handicap or open.
Many races are written as claiming races to allow runners that aren’t fast enough for higher levels to compete. This allows them to win class relief and gain confidence, but carries the risk that they might be claimed by another owner. This system is important to the profitability of wagering on horse races, as it creates a checks and balances situation that ensures that no single horse has a clear advantage over every other.
Some races are marked with a “L” to indicate that the runners will be injected with Lasix, a diuretic. The drug is intended to reduce the pulmonary bleeding that hard running can cause in some thoroughbreds, and it is necessary for most of the horses competing on American tracks. Only a small number of thoroughbreds are serious bleeders, and most bleeders recover quickly.
A jockey will look at a horse’s coat in the walking ring before a race to see if it is bright and rippling with sweat, which indicates that it is ready to run. If a horse balks at the starting gate, it may be a sign of fright or anger. Horses that sulk are not likely to be good competitors in the race. In a horse race, a balk is a negative sign and a big loss for bettors. It can be a costly mistake, as some horses are seriously injured or even killed when they break down in the race.