The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-12-17
THE PUNTER'S CHANCES.
BJys or WHINING FATORITES AT
THE RaCETRhCKs.
Laws which Seem to Rule Certain Meetings
Tho Racetraok and tho He'd and Black
wheel Compared - Betting Principles
Au.II.h IA WALL Sfrcef anecnI aIInna


wheel Compared - Betting Principle
Applied to Wall street speculations
Many persons have noticed that run Of sue
eessiyc racing losses along a given line Is nearl!
always followed by the winning Of a compare
lively long shot 4 glance over last season
record u tho Cobb system OF any other for tina
mattel will show that in most cases the win run.
from i3-5 10 al the average prico being 10 Her,
e,mcs the maturity Of chances and tits rendered
necessary by the fact that the average win has
odds Of rs and that the proportion average NJ
winning nrstfavortcs 10 the season 10 AZ per cen,
,sngains 5, 80 per cent Of even money chances with
the reds and blacks. II these compare tive long
shots did not tum up 10 average the amount u
winnings from year TO yenr the number Of neces
.sry smaller wins would carry the favorite aver
AGE away up out Of proportion. for the law gov
,tlug chances seldom, II indeed ever allows two
lines favorable Ia one issue 10 run forward at the
same time and at the same ratio. II is like the
action Of a man walking, FIRST one leg. then the
other he may Jump with both together at odd
times but not often and not in many consecutive
leaps
The spring meeting at Sheepshead. here dealt
with is an exception 10 this rule. aud is generally
more OF less Of small winning meeting 10 the
puntet n not losing meeting. This il due 10
III, SIN aler average VI odds the record being 1896
q % on 1897 81 1898, 60: 1899. IL .. an average
Of i64S on. for the four years: hence the longer
prices a, other meetings. bring the mean yearly
average up u rs agal-st This element of long
'"oN 'e 49, -, .. -.
Of chances exercises as rong sway in actual re-
sun, '"u wy y s ~. sh.i.. 81, :, -
'a' y, =, -, A., , :, -. -.
.'. ~ ,. - 1870. .
~, ~ -, - - 49,, Al,
' Wv -, -
-, 40. t,.,,.,., >. -. a., ,-,
tn. la,,,i. ;,,,.,,,.s,-,-
,.., - a. -. =, ~,
,,',., ., 40 90 40, ~, -.
"' a., ,,', US So -.
y" ~, W. 80,
N"' w i.N.. 80" ~ ~ '" 'a'
w ~ - - -. " w n'
NJ, ,.u =, -, W $3.50
-. sS.....a eli -, ~, 800
W, - az. ,,,,,,h 49,. a, a.. -.
''.'- $500. -, -.
q.
90, a, 49,.
,,.,. -
, '"oN r .,,,..,,s -, r., 80 49, 'ue
w., ~ wy 800, "". ''
-. ~, s.a, 500 '" "''
Wv - a, a. &c a. -. -, 'ee
pN. 80 a. -.
Wv = 49,. 49,
~ -. -, =. -, ,"'
"a.uN 80 nov WIS
maturity mus' como ~ pam oeyond dispute
The diticulty il in striking H.
When If, 1, concentrated ina, IN. vb..I contain.
~, -, ' oman"
orlr nv III, zero and doubt. ,,ro Win even r,on.r
~, nj, ,olors ali along tb.,. =, p. n,,u,.,,, ~,
~ o' - -, - 'Dou'
color II one plays long enough. When one re.
members ,bis n 10 Interesting "a not. ~, I,
s,son racing the hrstfavori,e is only scheduled
IN have proportion Of about IS per cent Of wins
at an average OF rs against and that while an
:, 20 = -. :, - "
average OF oo per cent OF winping bets Of $40
zach Al the colors simply means breaking even
Il, no ,,,os rom. I'm, Win IN. t,ro,,,.. =, \, ~,
~ "'os eo"o up WI" inc ia'o,'es AZ " per
cent winning "nus 30, on the hundred bets
theresa profit Of So, notwithstanding the heavy
-.,',." N''t' - '.o h'S' an"
seeona'a'ones winning are combined ME aver
81 N, vb.,l ssox. an ,rd.T;.,,nr $1,000,
NJ 40 ~, -, a. 20 -. -, % . .u
" per eent 70 Oh per cent according TO the
AMI yaned by the nlnrusuy, srou.poe, Witch
are very marked; Will. N. ,r,cr shoxs a. ~,
cent of winners att To BIZ chosen from an aver.
age Of eight horses In .r.,v rae. ,h,.. h.;n~
e,n.bI. n .ioh, dir.,.,, ,..,,,. -, ~.
possible two tor with zrros four results at the
table Thus while the sam. Tor n.nriy, slt.,n,.
ur. ..ou.ro. .i,., - -, W. :. "''N"
S.''o 'e'RnS IN oo'h PROPOSITIONS, the
Na'ey 81 play and the divergence Of bets m ado
,oased on the varying opinions and esumates)
oh the eight competitors, bring about greats
oHas man are pracucsble On the even money
~ inc aoe. Therefore. as . medium for Jpecu-
hu9n me rack appears To hold The better place.
,IoSiy looking into the records Of continuous
pay AZ lhe nole I, viii be found that the blocks
OF winning reds and blacks in their marked and
s e detached principle or sequence are
G Ioa dupncard a. the track. Favoritos in the
sDot LVo faces for the year taken for Ave years
a. "a! ovo races, rarely appear in greater blocks
wan Iniee SUCCESSIVE wins. thus IN 1890 there
80 one run Of eight consecutive wins, Of
zen one 81 SIX, two OF i've and three of four
~ s. ~ 1919 thero were one run 81 ten wins. one
o. n'e wins and SIX OF four wins: in 1898 there
nc one run OF aS wins, six Of Ave wins and
u,ee oi Iour wins; IN 1899 there were Of eight
Mns Two OF seven. three Of Ave and four
" iout WINS or 81 runs 81 more than three con
I cbs,,o Winners n ABOUT four thousand races,
- C1aI 81 play az the table shows block after block
"a aSrnhuhs req Ia black showing tbrres W fivos
aau hhes 70 Fights, and but few alternating cur
uhere olack and red sinRiy follow one another
sn'IVVu' Sequence. Some very interesting figures
"a "a ,aas inc were printed in THE SrS Of July
~ iooo, snoHing the run of colors and numbers
~ ~seta lays play, and according 10 the record
ue 'neelh system of scaling bets would have
"un duut tNO a day ptthl Of 80 OOO on