Fergus County argus., 1902-10-08
Drake Has a System.

'aNS ''es o1oten,
What is now known as the Drake.
Gates system OF betting on horse
races holds the attention of race fol.
lowers. This comes after the alleged
cleaning up of 100000 by Chicago
people on the win OF Sayable in the
$780, 900 Futurity at Sheepshead Bay re-
Gently. John A. Drake is credited with
being the largest winner, including
the $4,000 his horse won for him.
Drake and Gates have carried into
the thoroughbred game an unsurpass-
ed bank roll, sound judgment, nerve
and a love OF simon-pure gambling.
Their success is credited largely to
system Of betting known and fig.
ured at some time or other by every
man or woman that has bet a horse
race. II is credited also to the won.
derful trainer, Enoch Wishard, and
to the information brought to Drake
by other owners concerning the condi-
tion of their horses in certain races.
This latter information, OF course, Is
handed to Drake for consideration.
That consideration may vary from a
percentage OF the money won or a
certain sum If it proves true to an
exchange of tips. permitting the orig.
inal owner to bet his own money.
II was invariably noticed that Drake
and his followers increased their wag.
ers as they progresser on a losing SER
les. In other words. they increased
their bets sufficiently to clear up all
past losses on each new bet. In the
end a $4,000 plunge would be a bob
up winner, backed from ten to even
money or better, according to wheth-
er George Rose or Kid Weller was
taking the money or whether It was
spread over the local ring.
This system Is essentially the same
as that outlined by hundreds of young
men who have lacked the capital to
make the start. Many have tried II
, with a small wad, only to bump up
against short-priced winners, cheap
bookies who wouldn't take large bet
or some such m!shap. or they have not
followed their system. Now comes
these two big gambler9ss of the period
with unlimited capital. gained by az
gressive, hard work In ventures as es-
sentially of gambling nature as play
ing the horse races. They plan out
this system OF taking either their own
pickings or those of regular tipster
and backing 1t till 1t wins. When
a winner is picked they are right. for
their bet covers all past losses. That
Is why the New York field, with 200
bookmakers inside the deadine and
backed by a strong association, offer
ed larger field than did Chicago.
and that is why Drake and Gates are
operating there.
Drake is reported to have said:
why doesn't everybody follow this
system? 1t is poor picker that
doesn't name from one to three every
day. We have tried it and win"
Yet this may be a certain little
plunging of brakes own game. He
is said to be directly back Of Joe Ull.
man. who Is running book in the
east, taking any and all such bets In
any amount that bobs up. And these
at odds so liberal that otner bookmak.
ers of the close-hsted type gasp with
astonishment.
Is not Drake afraid that somebody
will try his own system on his own
hook? It is a poor rule that does not
work both ways.
It is to be taken for granted that the
system proposed is not the broad and
easy road to wealth generally con.
sidered. In the first place. vast
betting capital or bank roll is needed /:
then a reputation as a steady better
or plunger, such as drake has. This
is to disabuse the bookmakers OF the
idea that a sure thing is being put
| through. Nothing causes the average
/ bookmaker to climb a fence as does
new face handing up big bet to
him on a horse that on past form
looks outside the money.
In addition. II is necessary In most
cases where there Is no Joe Ullman
to take bets to have betting commits
sioners who can be trusted in suffi
cient number to food ring with
| $4,000 in small chunks. After all
| this outlay comes the demand for a
little judgment in what tips to take
and what horses to play: judgment
which, II accurate, and II put In legit
innate business, would make an hon
! orable name and fortune for young
man.
The plunging game these latter days
has developed into a business carried
on with capital up In the hundreds
of thousands.
IL will tell you about systems
brakes or otherwise" said well
known bookmaker. "The fact is that
When a man follows system and II
breaks right for him he becomes Q
little prosperous. wants more money
than ever. and breaks away from his
plans. Then comes the hard lucl
that breaks him. A system has its
smooth days and ii also has its long
hard. discouraging. rough days, wher
/. looks all bad. and II Is the bad days
that keep the bookmakers from goinl