The Breeders' Cup World Championships are a two day event run near the end of the year that has been run since 1984. The location of the Breeders' Cup changes annually and is the richest two days in sports in North America.
The Breeders' Cup is like an all-star game and national championships all rolled into one. It starts with the Breeders' Cup Championship Series which is a schedule of races run around the world to gather the world's best horses.
The main races in the Breeders' Cup World Championships are the Breeders' Cup Classic, Breeders' Cup Ladies Classic and the Breeders' Cup Juvenile.
The winner of the Breeders' Cup Classic is usually a front runner for the Horse of the Year at the Eclipse Awards as the hottest horses of the year face off head to head. The Breeders' Cup Juvenile showcases the best two-year-olds and those who are hot on the Kentucky Derby Trail for the upcoming year.
Generally, the cycle of the Horse Betting calendar starts with the Breeders' Cup Juvenile for two-year-olds, then as the horses mature to three-year-olds they advance to the Triple Crown. The Triple Crown consists of the Kentucky Derby, Preakness Stakes and Belmont Stakes. Then at the conclusion of the Triple Crown all horses switch their focus to the Breeders' Cup Challenge series where they hope to "win and you're in!" for the Breeders' Cup World Championships.