The term handicap derives from hand-in-cap, referring to a system whereby players placed bets or cash into the cap of a impartial arbiter to succeed in an agreement as to the relative values of objects sought to be traded. In a 'pursuit' model handicap race, all individuals are clocked in a time trial earlier than the race. In a 'consequence adjustment' fashion handicap event, the result may be adjusted by some factor decided by the handicap. The skill in betting on a handicap horse race is in determining which horse can overcome its handicap. Similarly, bodily staggered starting positions can be used, for example, in greyhound racing a handicap race is where greyhounds (based on their means) start from totally different beginning traps set at totally different measurements from the end line, and in human foot racing, for example, the Stawell Gift. The handicapper's aim in assigning handicap weights is to enable all of the horses to finish together (in a lifeless heat). A handicap race in horse racing is a race through which horses carry completely different weights, allocated by the handicapper. A better horse will carry a heavier weight, to give him or her an obstacle when racing against slower horses. The place is the intersection of sports betting, income and distribution, and how will the industry players get to this sweet spot
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