The history of sports betting in Hong Kong began when the city was still a British territory. The first commercial horse-racing club was established in 1863 and the Hong Kong Jockey Club was founded in 1884. Today, Hong Kong has seven horse-racing courses with maximum capacity of 6,700. Other kinds of sport betting are also widely available and regulated by law. Real-time odds can be checked at licensed betting shops all over the city. Traditional Chinese medicine shops also offer their own brand of traditional Chinese medicine to cure some diseases.
In Hong Kong, sports betting is legal but strictly regulated by the government. The island has a long history of horse racing and the sport is popular among locals. Hong Kong Jockey Club, the oldest professional sports club in the world, is based in Hong Kong and plays an active role in promoting horseracing locally, regionally, and internationally. With all these factors in mind, it is no wonder that horse betting also known as wagering on horses is arguably one of the most popular forms of sports betting in Hong Kong.