While it can be argued that the gambling and the racing are inextricably linked, this paper will argue that horse racing, especially professional steeplechasing, has made a distinct move away from its roots as a sport. Looking at the historical development and geographic expansion of steeplechase in England, it will be clear in the final analysis that modern steeplechase is a far cry from its origins, which were closely linked to a horse's prowess in 'the hunt'. Its declining popularity with the masses especially relative to point-to-point amateur racing suggest that its attempt to modernize has not been successful and spectators and speculators alike are all eager to get back in touch with real racing. What the future holds for professional steeplechase racing in Britain is thus a matter of speculation; but consistent with the wagering nature of the sport, this paper will close with the bid that it has passed its prime. 10 pgs. 19 f/c. 9b.
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