Hollywood Park is one of three major thoroughbred tracks in Los Angeles County, the others being Santa Anita in Arcadia and the Fairplex in Pomona. Only one is in season at any given time, so if you follow horse racing, you will have to watch races at all of them. Santa Anita is the swankiest, but my favorite is Hollywood Park. Partly it is because Iglewood is more convenient for me, but I also like the layout of it a little better. I can't go too often during the week, but I enjoy the Friday night racing when they have bands and $1 beer.
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