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#1
06-22-2011, 03:29 PM
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Early Bookmaking
Here is a 90-year-old column about the very early days of bookmaking in American racing that I read a few months ago.
It would appear as though multi-race wagering in America actually got its start at the 1877 Saratoga meet - in the form of a 100/1 fixed-odds, $10 minimum, Pick 5 wager that didn't award conso's or move you to the favorite in the case of a late scratch.     
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#2
06-22-2011, 03:29 PM
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   Nice call by Durkin in the 6th.
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#3
06-22-2011, 03:43 PM
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100/1 on a five horse parlay?
They should have been tarred and feathered by the betting public.
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#4
06-22-2011, 03:45 PM
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Quote:
__________________
Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!"
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#5
06-22-2011, 03:54 PM
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Still having trouble getting top barns from the west to come to the Spa. Nothing has changed
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#6
06-22-2011, 03:57 PM
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Quote:
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#7
06-22-2011, 03:56 PM
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Quote:
A lot of cool stories about new bookmakers from around the time of the early 1900's - especially in the Mid West and Far West. They talked about how guys who were actually sharp handicappers from that region got into bookmaking - but were clueless on the ins and outs of it. In a couple of cases - these bookmakers opened horses at odds as high as 40/1 - that twenty minutes later - would go off favored in the race. In an overall climate like that - it would seem easy as hell to make a lot of money betting.
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