Historically, equestrians honed their skills through games and races. Equestrian sports provided entertainment for crowds and honed the excellent horsemanship that was needed in battle. Many sports, such as dressage, eventing and show jumping, have origins in military training, which were focused on control and balance of both horse and rider. Other sports, such as rodeo, developed from practical skills such as those needed on working ranches and stations. Sport hunting from horseback evolved from earlier practical hunting techniques. Horse racing of all types evolved from impromptu competitions between riders or drivers. All forms of competition, requiring demanding and specialized skills from both horse and rider, resulted in the systematic development of specialized breeds and equipment for each sport.

Sports such as polo do not judge the horse itself, but rather use the horse as a partner for human competitors as a necessary part of the game. Although the horse requires specialized training to participate, the details of its performance are not judged, only the result of the rider's actions—be it getting a ball through a goal or some other task. Examples of these sports of partnership between human and horse include jousting, in which the main goal is for one rider to unseat the other, and buzkashi, a team game played throughout Central Asia, the aim being to capture a goat carcass while on horseback.

Horse racing is an equestrian sport and major international industry, watched in almost every nation of the world. There are three types: "flat" racing; steeplechasing, i.e. racing over jumps; and harness racing, where horses trot or pace while pulling a driver in a small, light cart known as a sulky. A major part of horse racing's economic importance lies in the gambling associated with it.