High Quality Content by WIKIPEDIA articles! The Waterloo Cup was a coursing event. The three day event was run annually at Great Altcar in Lancashire, England from 1836 to 2005 and it used to attract tens of thousands of spectators to watch and gamble on the coursing matches. It was founded by William Philip Molyneux, 2nd Earl of Sefton, and, originally, was supported by his patronage.