Episode653. Does Horse Racing Have a Future?Freakonomics Radio · Nov 14, 2025 · 1 h 02 minPlay · 1:01:36SaveShareEpisode pageThoroughbred auction prices keep setting records. But tracks are closing, gambling revenues are falling, and the sport is increasingly reliant on subsidies. Is that the kind of long shot anybody wants? (Part three of a series, “The Horse Is Us.”)RelatedEpisodes 3Blogs 3Indicators of the Year, Past and FuturePlanet Money • Dec 31, 2025 • 18 minBefore Kalshi and Polymarket there was the Iowa Electronic MarketsPlanet Money • Jun 24, 2026 • 23 minThe Rest of the Story, 2025Planet Money • Dec 26, 2025 • 28 min