Betting Arrangements in Austria, Daily Racing Form, 1913-11-19


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BETTING ARRANGEMENTS IN AUSTRIA. The Austrian Jockey Club has taken the betting question in hand and a new rule came into force with tlie first October meeting at Vienna, says the Continental correspondent of The Sporting Life. In Austria and Hungary bookmakers are licensed, and they have to give financial guarantees before being allowed to undertake business. They aro compelled to "stand up" each race day on the course and exhibit lists, and they must accept any bet up to 00 at the prices marked on their lists. They are also allowed to receive bets at their private houses or offices up to half an hour before the first race. The totalisator. or pari-mutuel. Is also permitted on the race courses and the Jockey Club has now decided that all business done at starting price in the bookmakers offices must be regulated according to tlie official returns of the pari-mutuel. In this way uniform starting juices are obtained and disputes are prevented. No bet may be accepted at starting price for less than to win, or for place. The system of betting in Austria works satisfactorily and is approved by the government. All the principal sporting journals speak favorably of the new Jockey Club rule." A large amount of betting on French and English races takes place at Vienna.

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