New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-07
BACKING THEIR OPINIONS.
ENGLISH MONEY AT FIVE TO SIX WAS OFFERED
AND TAKEN iN WALL 'sfREET-MoRE
BETS IN PROSPECT.

BETS IN PROSPECT.
The love Of the American public for backing up It's
opin,on with something more substa ntal than argi
uent was manifested yesterday around the hotels AZ
first Il did not look as If there would be any bet
ting worthy of note upon the yacht races. The
Englishmen themselves were largely responsible for
the condition OF affairs. Lord Dunraven and those
associated with him took the ground that they did
not come over to make money by betting or to
lose 1t in similar manner. They said frankly
that they knew nothing whatever about their boat
and even less about the American boat. they could
not hazard a guess to the result. but they felt
confident that they had a good chance OF win
ming and II they could carry the cup back to Eng
land that would be all they wished for
THE ENGLISH CATCH THE BETTING FEVER.
The Englishmen both in this country and abroad,
have seemed loath to back their boat with money.
Whether they got a taste of the American betting
fever Is a matter for debate but at all events. the
outlook last night for some heavy wagers was ex-
ceent The betting has been held on to a large
extent until the yachts could be officially measured
II may be found, when Hyslop gives his figures,
that one boat will have to give the other a time al
lowan.e This Of course would materially change
the odds.
TIE real betting will be done to-day when the big
excursion boats carry the crowds OF enthusiasts
down the Bay. There is difference between si'-
ting quietly in a cafe and arguing the case. and
being out on the rolling ocean, with both yachts
in sight and each flyer stretching every thread OF
canvas There is something about the iatter mat
fires the blood and makes man get up on ue
deck railing and offer to bet any one IN creation
that his boat will the line ahead OF the other
That is when the real betting will be done Al
any rate the Engishmen prefer to bet with friends.
and do not understand the American system OF
brokers' They cannot see where the sport II III
having man take all corners, like mere gambler.
They look upon 1t as mercenary. and they ohiy oet
for the sport Of thing and with no idea OF GAIN
According TO report. some heavy wagers were
made in Wall Street yesterday. one OF the stories
anoat concerning Davis Barnes 1t was hlnted
that he had several thousand dollars 10 wager on
the British craft and would take five TO six. This
seemed like a good thing TO the betting contingent
pefen e "1 and Mr. Barnes was kept busy during
the day taking bets Among these VINO are sad
George raee sbeiion. who Waeered $40 TO 1900 that
the Defender would win: J. y; Hartman put down
5000 TO 500 that the Defender would beat the Eng
fish flyer; Daniel Chauncey IS reported to have
Gladdn also placed $500 TO $500 the Defenders
chances against those OF the Valkyrie William
Robinson also staked $500 against $500 upon the De-
fender winning.
Mr. BARNEs's HEAVY WAGER.
The who made bets were reticent when
asked about them. These are not al! the wagers
that Mr. Barnes is reported to have taken He Is
said to have a single lump bet Of 5000 against
5000 which represents capital put up by an Eng
lish syndicate formed with the intention OF taking
back to England all the American gold It can
get
At the Brunswick which IL the English head
quarters, some Canadians offered TO bet TO 7 on
the Defender The general impression around
the hotels is that would be well 10 walt until the
first is sailed before making bets This Will
give boths sides accurate insight Into the sail
Ing qualities OF the two yachts and then fair bet
and satisfactory odds can be obtained. All or the
Englishmen around the hotels have money and
they seem willing TO bet IL. but and al also
seem to want to see the Defender pushed before
they take chances.
The English contingent do not think tina; the odds
quoted from London, that Is, three TO one, fair
They say that they have great faith In their boat.
that they think she Will sail faster than the De-
fender and that they willing 10 bet II at
all but they want to walt and see what comes from
the FIRST OF the series Of races.
Frederick r. Morris. the president OF the Long
Island News Company and County Treasurer
Joseph Dykes, OF Queens County, got into a
friendly argument in Long Island City yesterday
over the merits OF the Defender and the Valkyrle
The result that Mr.. Morris. who Is n strong be-
lever in the Valkyrle. wagered the County Treas
so suit OF clothes that the English boat
would be victorious. II did not take the County
Treasurer long TO accept the bet.