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Early years of Australian thoroughbred racing saw it associated with tavern and hotel owners who hosted annual meetings, often on their own property. Additional holiday meetings took place at seaside resorts where courses could often be found behind hotels. Today, most official thoroughbred racing venues in Australia are owned by principal clubs; however they are overseen by a national body known as the Australian Racing Board who supersedes their power and is accountable for creating pattern racing committees responsible for grading races. How many games left in the NRL season Section 3: Hedging Strategies for Risk Management