The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-10-10

Many Big wagers Made at tho Hotels and
in Wall Street.

in Wall Street.
Expert opinions that have been freely de-
livered regarding the merits OF tho Shamrock
and Columbia since the third attempt to race
on Saturday has had q decided effect upon tho
betting market. Columbia money still over
whems that forthcoming for the challenger.
but IN spite OF the preponderanos OF green
backs to back the Herreschofr boat tho odds
have gradually deorsased until the Shamrock
10 now almost an equal favorite with the Co.
lumbia.
Very few bets other than even money were
offered ysster day to any largo amount. and It
Is q foregone conclusion that another fzzle
without any decided advantage accruing to
either OF the boats will establish the betting
firmly at even money.
The agreement to race every day after
Thursday induced considerable speculation.
many men who have held alooi while there
was a prospect OF long drawn out struggle.
took advantage OF the change In the conditions
and placed money on the result without hest
tation.
The partisans OF both boats appeared to be
i'm pressed with the idea that they would get
the best OF the odds II they placed their money
yesterday. This alone 10 an indication OF how
evenly the sporting public Is divided In their
estimation OF the chances OF the racers. The
boat will win that they are afraid they will
have to give odds after the first decisive test.
while the adhsrsnts OF the Columbia are i'm
pressed with tho idea that big odds will have
to be rendered on the Cup defender.
At nearly all the uptown hotels the betting
was lively during yesterday afternoon and
evening. Snail bettors almost invariably
made their Wagers at even money. but when
it came to a question OF placing bets OF over
500 the Columbia supporters had to conesdo
slight odds to close deal.
At the Hoffman House the biggest bet
chroniced was $500 to $3.50. Comm odors
Osgood took the Columbia end and laid the
odds Later In the day a bet OF $50 to S45 was
accepted by q Shamrock man. In tho after
noon . Norwegian tourist who has take in the
yacht races left word that he had S.. 900 to bet
on the American boat at even money.
Betting was lively at the Holland House. but
very few men came together for large wagers
The Colum bia men did not wish to give odds
but finally Mr. Wray branchsd out and offered
$500 to $3.50 that America would keep the Cup.
The bet was imm ediatsly taken by Bob Cooper.
There were plenty OF sports at the Gisey
House willing to wager even money on the
Column bia. but no Shamrock money was in
sight at that price.
A determined effort to install tho Sham rock
as equal favorlte with the Colum bia was m ade
in Wall street. when 0. s. stebbins. the board
nom Der OF Thomas Post. ann ounced that he
had $500 to bet at even money on the chal-
lenger. In a very short while the whole amount
was taken up by the patriotic brokers who
have helped to keep the Colum bia a favorlte
throughout.
Fred Brooks later In the day made bet OF
81 900 to 5000 on the Columbia and another Of
800 even money.
When the latter figure became a quotation a
Columbia man. who had but slight odds last
week. said he was sorry he had made the bot.
Brooks offered to take it of his hands, but the
wavsrer had another change OF heart and de-
cided to stick to his bargain.
Late at night Brooks received word that a
Montreal man at Fifty ninth street was an xious
to bet $500 against 5000 on tho Shamrock. and
the Wall street man loft his headquarters at
the Fifth Avenue Hotel to accom- m odats him
Joe Humphreys had a commission OF $500 to
place for g. W. Cole OF Paterson on the
Columbia. with the stipulation that II the rst
race was not decided to-day the bot be dec AIRED
OF. J. NJ. Docharty OF Boston took the Sham
rock end and posted $3.50 with Sam Kahn OF
the Occidental Hotel.
At the Waldorf Astoria several sporting bets
were made during the afternoon. but no big
money was posted.
The odds at the Delavan where Honest
John Kelly has been making book were also
shaved and the best figures obtainable were
100 to 90 against the Shamrock.
Billy Edwards had another commission OF
81 900 to place on the Colum bia at even money.
but round OF the hotels failed to discover
any ono willing TO accept the bet.