HORSERACE is a Home & Education software developed by Gordon Sweet. After our trial and test, the software is proved to be official, secure and free. Here is the official description for HORSERACE:

BSEditor: This simple race could cause amusement at some parties, due to the betting. Bets can either be set by the odds chosen at random subject to a limit set A second option is for the stake unit to be set, then after the punters select a horse, ALL the stake money is PAID out to the winners in proportion to the number betting on the winner. Any small amount remaining is shown. Four Backgrounds are shown, and wait a second for each race to start.