English Do Not Fancy Pari-Mutuel, Daily Racing Form, 1906-06-29

article


view raw text

ENGLISH DO NOT FANCY PARI-MUTUEL. "If anything were wanting to show how impossible the pari-mutuel system would be In England, It was supplied by the return on the- Grand Prix," says Loudon Sporting Life. "The English visitors who put their money on the favorite were all disappointed when they had to lay but little more odds than the backer to win outright. Of course, in England you frequently have different prices In the different rings. Often in the cheap enclosures a better price is to be obtained alxiut a favorite than In Tatt.s, but there is not such a divergence as we had at Longchamps. Outside, on the pelouse, the public made tho French horse, Maintenou, favorite, and had he won, his price would have been 10 to 10, while Spearmint was 21 to 10. The dlfllculty of taking tickets is also a great consideration. At several of the offices the tickets were all exhausted. Many people, not knowing the ropes, went to the 20 franc places to invest ponies and fifties, and had in consequence to take a whole pocketful of tickets, and they were put to great delay and Inconvenience when they went to lie paid. For small Investments, the pari-mutuel Is all very well, but for a big speculator, who wants to know at what rate of odds he Is betting, the system Is not practicable. The total money taken at the parl-mutuels on Sunday was 200,300. It is enough to make a bookmakers mouth water, Isnt It? The investments on the Grand Prix alone were 00,120, nearly double the turnover of the preceding year."


Persistent Link: https://drf.uky.edu/catalog/1900s/drf1906062901/drf1906062901_6_3
Local Identifier: drf1906062901_6_3
Library of Congress Record: https://lccn.loc.gov/unk82075800