Horse Racing Manager 2 is the sequel to Horse Racing Manager. In this management game you can choose from three different game modes: stable, jockey and bettor. The first puts the player in the role of a trainer and manager, the second lets the player ride a horse and the last allows the player to bet on virtual horse races.
As a manager the player has to buy and sell horses, land and infrastructure. Additionally he has to hire jockeys, carefully plan training and sign on to races. The goal of this mode is to make a lot of money.
As a jockey the player can participate in a career mode where he has to race all the way through a prestigious career. Racers have various statistics that influence their racing qualities.
There are three types of races in the game, flat, obstacle and trot. The game is presented in full 3D in a third person perspective.