New-York tribune., 1876-10-28
VAGERS on THE ELECTIONS.

OPINIONS OF THE BETTING MEN As TO THE CHANCES
OF THE CANDIDATES-HOw THE ODDS HAVE
VARIED.
The odds offered in the pOOl-rooms upon n
horse in upon candidate for an office are
simply expressions Of opinion upon the probabilities Of
the favore's" As this opinion is generally
derived from careful survey OF the field and close
calculation OF the chances, aud, the men who thus
risk their money upon their foresight generally
ceded to be influenced by selfish motives only and not by
party feeling, the pools always regarded valuable
indication Of probable results. THIS il to great
extent i'll regard To elections than in regard
to races, for in political betting tho element
of chance plays less important part. In a
race the favorite horse may by Unforeseen
accident fail to win at the last moment by some pre-
arrangement he may be Withdrawn the race be lost
fraudueny. The results OF races cannot be predicted
with any certainty. What favOrte candidate will do
IN his struggle office he inferred much more
The voters Every movement in political canvass can
be noted and its probable influence upon the result can
he determined. From private III instances
the prevailing public sentiment ascertaned and by such
information the betting IA regulated TO considerable
extent Again, betting men not apt to risk their
money upon candidate simply on account ot party
prejudice u desire TO see certain ueket snc-
cessfu Large bets sometimes announced for party
purposes, as having been made upon candidate VINO
has very small probability Of gaining the election, but
these have no effect upon the pool selling This Is shown
in the present canvass IL was runored ana by many
riety had made bet OF 10000 even that Gov Tlden
would the next President and yet, in the pools the
odds have remained steady in favor Of Gov. Hayes.
THESE odds have about 800 10 $40 ever since the
nominations. Tho greatest huctuallon was on last
Wednesday evening, when pool OF S525 on Hayes to
$500 on Tden sold This seeming rise IN the est
mate of Gov Tden's chances is ascrDed TO President
Grants prOclama concerning the southern troubles
The statement which has been published that tne
betting upon the Presidential election was even, was
only in the Of the French mutual pools where
I'm one pool ls tickets sold upon each OF the can
ddates The odds in favor Of Gov. Hayes nave been
about the those offered upon Barnes III the ONO
election and greater than those upon Winahs III In,
diana The betting upon the success OF the presidential
ticket In this State Is about 800 TO 500 In favor OF Gov
T1lden There has been considerable deviation from
these figures, the pools varying from I1lden, SlOO;
Hayes $50; to Tilden $500; Hayes, 800. upon the
State tickets the betting has been almost uniformly
even. Slight odds In favor Of Robinson were offered
on Wednesday at Morrisseys pooLrooms. There has
been little betting the majOrites In any OF the
States few evenings ago bet was made oi SlOQ 10
$50 that Gov Iilden would carry NewYork Sew-Jer-
sew and Connecticut but this was considered very
foolish wager the part Of the gyer OF Odds and
indication Of the general course u Tie betung.