Bookmakers to Submit Bank Rolls: New Orleans Management Adopts Eastern System of Inspecting Case Boxes, Daily Racing Form, 1907-12-19


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BOOKMAKERS TO SUBMIT BANK ROLLS. New Orleans Management Adopts Eastern System of Inspecting Cash Boxes. Now Orleans, La., December IS. The recent Incident at the Fair Grounds when bookmaker "Red" Weston found himself short of cash after the closing" race of the day, and was unable to pay off one winning ticket, making good, however, the following day, lias aroused the management to a closer inspection of the financial status of the men who desire to make bock. "Bookmaking on small bankrolls," said an eastern layer of odds, "is of frequent occurrence on the New York tracks. There we have from thrceto four hundred books in line on the big tracks, including both the Mets ring and the tield. Bookmakers not belonging to the Mets are called outlanders. They are allowed to occupy, if they wish to do so, a limited numlier of stands at the tail end of the line in the Mets ring, but they have to toe the mark. For example, if a man is off oily one day, and his stand is not occupied, it is taken away from him and then he has to go to the foot of a waiting list of four or five hundred and it may lie a year or more before he can get back into the big ring again with a stand of his own. "If he should welch, then its all off not only for a year, but forever. Most of these "outlanders, In fact all jof them who behave themselves and attend to business, make money out of their stands. They may go on with small bankrolls themselves. If they play the string out, they can always readily lease their stands at a good rental with a job in the book as well. Of course, under these conditions a great many men among the outlanders go on with small bankrolls and take chances of lucky breaks coming their way. But they must make book in accordance with their cash. They cannot gamble, because after a race is run they have got to be Johnny-on-the-spot off winning tickets. Theres no standing a man off until tomorrow. "A funny incident came under my observation at Aqueduct last fall. One of these outlanders got to the track late one day. He was broke and did not have time to hustle around to find some one who would rent his stand. He scraped together a bankroll of 0, hustled up a crew and went on himself. After all expenses had been paid, the bank roll amounted to 4. A big field started In the opening race. It was an open affair and four or live of the horses looked like they ought to be played. He made a 00 book on the race and won. He had his ups anl downs during the afternoon, but quit about 00 to the good. The funny part of it was that after the second race he had in the cash box. A fellow came around and, shoved a 0 ticket under the cashiers nose. The cashier got rattled and handed the man instead of 0, which would have left him a bankroll of 0. Luckily he hit upon an honest chap who, when he saw the mistake, came back and rectified it."

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