Pay-off in All Dead Heats, Daily Racing Form, 1937-06-26

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PAY-OFF IN ALL DEAD HEATS In the case of any and all dead heats, wagers made away from the track the chart prices should prevail if track odds were offered and accepted. Where house odds were accepted, the procedure should be as follows: If was bet on each horse and 3 to 1 laid on one horse, the pay-off should be .00 to the player and .00 to the layer; if 2 to 1 was laid on the other, the pay-off should be .50 to the player and .50 to the layer. Where one of the horses in a dead heat is quoted at odds-on, or less than even money, the transaction is a loser. For instance, if is bet on a 4 to 5 shot, the pay-off In the dead heat would be 90 cents to the layer and 90 cents to the player. The amount of money bet, plus the odds laid, with the total divided equally between the player and layer, is the regular method of pay-off in dead heats where bookmaking odds prevail.


Persistent Link: https://drf.uky.edu/catalog/1930s/drf1937062601/drf1937062601_9_2
Local Identifier: drf1937062601_9_2
Library of Congress Record: https://lccn.loc.gov/unk82075800