Soccer in Europe, baseball in the United States, and horse racing in Hong Kong, what do they have in common? The excitement level the sports bestow to their respective audience.

If Europe appreciates soccer, and the United States crazy about baseball, in Hong Kong, well they celebrate horse racing.

Horse racing in Hong Kong is probably one of the far-famed influences of the British colony. They established the Royal Hong Kong Jockey Club in 1884, which now famously known as HKJC or Hong Kong Jockey Club.

Ten years after this mega city returned to its motherland China, horse racing continued to thrill Hong Kong people. Given this cultural lifestyle, the sport also developed support from the central government.

In fact Hong Kong’s largest tax payer is surprisingly a horse racing business. HKJC annually draws in over 10% of the city government’s tax revenue being one of the top 10 employers.

In addition to the Club’s philanthropy, it is the largest charity organization with its donation exceeding US$ 1.3 billion for the past three years according to People’s Daily Online (peopledaily.com.cn).

Live horse racing events in Hong Kong are held in two of HKJC’s racecourses, Happy Valley and Sha Tin. Racing season are mostly on Wednesdays and weekends between September and June. Fans are busy during these race days, wherein they are perusing the odds of their favorite horses either thru the newspaper or over the internet.

HKJC run over 700 stakes races yearly. And one of the most awaited showcase racing is the Hong Kong International Races, also known as Turf World Championship. It is a tournament where the world’s best jockeys, trainers, champion horses and contenders are all in one event.

Estimated sports goer during racing season is about 1.2 million each racing day, based on the Club’s statistics. And they employ about 5,000 regular employees and 20,000 part-timers more during the season. From that number alone, imagine the crowd size of this mega sports event. And from there it is not at all surprising to know that HKJC welcomes US$ 215 million bets each racing day.

Everybody wants to have a piece of that daily figure for sure. And apart from Hong Kong, the world is watching.

With off track betting (online), anybody from anywhere in the world could place a bet, provided you have an advance deposit wagering. ADW is like a prepaid transaction, requiring advance deposits. You are to setup an account (telephone or online) before placing a long-distance bet. Like a debit card you can only consume what you deposited.

Given these preparations, anybody could just fire up a hand-held, a laptop or desktop computer and lit up a wired or wireless internet connection. Right there and then you could retrieve up-to-the-second odds of Hong Kong horse racing and place bets wherever you are in the planet.

Indeed, horse racing in Hong Kong is literally, world-class.

What is an ADW or Advance Deposit Wagering? Well, ADW means a wager in which a person who has opened an account in advance with a licensee can place bets from this account in person, by telephone or other even online/over the internet.

You can encounter the word ADW in Pari-mutuel, a gambling involves betting on horse or greyhound, harness racing.

For quick view how ADW looks like here are some sites offered Advance Deposit Wagering:

Premier Turf Club

You bet

Racing Channel

Xpressbet

Tvgnetwork