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ANSWERS TO QUERIES. J. T. C, Chicago. It was a losing transaction. M. F. P., London, Out. The payments were correct as made. E. K.. Cincinnati, O. Regret was never beaten on a Kentucky track. The only time she was ever defeated was in the Saratoga Handicap at Saratoga, July 31, 1010. J. D. J., Cincinnati, O. At the spring Latonia meeting of 1910, Ed Crump did not win at over a mile with 130 pounds up, but he did carry that weight and win at a mile in 1:38 Wednesday, July 5. J. M. V., Cincinnati, O. You overlook the fact that the layer has the same measure of rights as the backer. It is his right to have the matter carried to a conclusion. A parlay is a contract entered into that a certain named number of horses are to do certain named things and the transaction is not complete until there has been action in the case of each, unless it has terminated by one losing.