Run-Up Money for Deserving Racers: Gradual Adoption of Custom of Dividing Surplus Among Horses That Finish "Close Up", Daily Racing Form, 1916-12-24

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; RUN-UP MONEY FOR DESERVING RACERS. Gradual Adoption of Custom of Dividing Surplus Among Horses That Finish "Close Up." New Orleans is the latest racing course to adopt the division of the run-up money as suggested by the Enquirer about a year ago. Windsor first came to it last summer and it proved successful. Under the system used at Windsor and the one to be used nt New Orleans the run-up money is divided .10 Iter cent, to the second horse. 30 per cent, to the third and 20 per cent, to the fourth. A couple of years ago, when a great conscience wave struck the land, the race track managements were affected by it. They suddenly decided that they were not entitled to one-half of the run-up money, though they bad been accepting it for a half century. It was the horsemens money, and nearly everv "one of the managers came to bat with the expression that it belonged to the horsemen, and tl.ev never could see why they should not get half of it, although it took them all this time to discover that the horsemen were entitled to it. Then came the argument as to what to do with it and how to divide. Every race track had a different system. The Jockey Club decided to divide it eqttaliv between all the horses in the race. It was pointed out at the time that this would be a foolish proposition, for the "gyps" would run a horse which didnt have the ghost of a show just to get S35 or 0. But, nevertheless, the Jockey Club adopted that method, and now the members are burning many a kilowat at night trying to figure out a new method of distributing the coin. Schuyler Parsons, the man who proposed the old rule, admits it is a bloomer and is perfectly willing to to take a chance on something new. At the time of the adontion of the eastern rule the method of dividing it 50, 30 and 20 among the horses which finished back of the winner was suggested in these columns. George M. Hendrie and Walter O. Parmer of Windsor, came along last summer and divided the surplus at their track in this manner, and it worked admirably. Joe Murphy saw how it worked, and now he is going to use it at New Orleans. It is only a question of a few months until most of the tracks will adopt this system. It keeps the run-up money among the class of horses which caused it, and it has the other advantage of adding a substantial stmt to the horse which gets closest to the winner. This is how it would work in case of an 00 run-nu. which is quite frequent. 00 to the second horse." 240 to the third horse and 00 to the fourth horse. Pretty good for a horse which lauds outside of the money, but they will all be trving to at least get close up, for the closer they get the more money they grab. Cincinnati Enquirer.


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Library of Congress Record: https://lccn.loc.gov/unk82075800