No Syndicate Betting., Daily Racing Form, 1898-08-25

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NO SYNDICATE BETTING Syndicate betting will not be in vogue at the coming fall meeting at Latonia Antonia LatoniaThis Automatics This information which comes from a source that gives to it the air of being to all intents and purposes official will be received with in ¬ tense satisfaction by local racegoers racehorse The one book system of betting which was adopted on the local tracks last year merely as a matter of expediency to have the betting ring furnish the revenue necessary for meeting the purses hung up when it seemed evident that a sufficient number of independent books could not be se ¬ cured to yield the requisite revenue while it realized its purpose hurt the game greatly greatlyThe greatly The public were dissatisfied with the syndi syndic ¬ cate carte system of betting from the very first and that dissatisfaction has manifested itself not only in grumbling but also in a much more tang ¬ ible dibble way in the steady falling away in the attend ¬ ance Vance at the track and in the betting With one or two exceptions all the oldtime oldie good bettors about Cincinnati have quit visiting the tracks In fact the indications were that it was only a matter of time until the onebook overbook system of bet ¬ ting would break up racing entirely on the local tracks tracksThe tracks The Latonia Antonia management realize this full well and hence their determination to make a change in the betting methods methodsColonel methods Colonel W E Applegate Appellate the principal stock holder in the Latonia Antonia track is authority for the statement that there is to be no further syndicate betting at that course The Colonel was in the city yesterday to participate in the election of Latonias Platonism Board of Directors for the ensuing year In conversation with an Enquirer reporter he said that it is the desire of himself and associates to have an open betting ring at the coming Latonia Antonia meeting In the event that racing should close at Chi ¬ cago cargo on account of weather or for any other reason I am confident that we can get enough books to go on to justify an open ring said the Colonel but otherwise I do not believe that such an arrangment arrangement can be made madeThere maddest There is no reason to expect a cessation of racing at Chicdgo Chicago unless the Weather should become such as to make it necessary so it hardly seems reasonable to suppose that we can get the requisite number of books to make an open ring feasible We realize though that the public do not want syndicate betting and we have no desire to try to force it upon them If we cannot have the oldfashioned olfaction open bet ¬ ting ring we will give the public a chance to make their own odds If we cannot get books we will have mutual machines and auction pools as in the days prior to modern methods of betting The mutuals mutual will be given a fair trial too as we will put on only two or three books simply for the accommoda accommodate ¬ tion ion of the Westera Webster Union Telegraph Company in getting quotations for outoftown outflow poolrooms I believe times will be better from now on and feel confident that we will have a good meeting and better betting than has been known here for several years There will be no syndicate betting in any event Cincinnati Enquirer


Persistent Link: https://drf.uky.edu/catalog/1890s/drf1898082501/drf1898082501_1_4
Local Identifier: drf1898082501_1_4
Library of Congress Record: https://lccn.loc.gov/unk82075800