The US has recently passed an anti-gambling legistation which does not cover betting on horse races and has allowed websites and wagering services for horse races to continue on. One of the leading horse racing betting comapnies is Xpressbet which offers pari-mutel bettting via account wagering. This means that once betters have subscribed, they can bet on races in North America, Europe and Australia, at events such as the Preakness, the Kentucky Derby, Sunshine Millions and many more. With an estimated market of over $15 billion, the horse race betting market is generating huge sums of money.