Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-10-29
Prevail no Odds In New York
Reaches as High as 10 to
2 2 on General Result
ODDS FoREsHApow THE RESULT
In Only Two Campaigns Since Betting
on Presidential Elections Became
General Has the Odds Been on the
Losing side-The Trend of Wasers
In New York.
In New York.

New York, Oct. 29.-Prevailing odds
In the betting on the result of the pres
idential election have increased from
10 to Z, Immediately following the St
Louis convention, to as high as 10 to
2A in favor of Roosevelt and Fair
banks. These odds are considered as
accurately foreshadowing the result
taking past campaigns as criterion
Those who follow the study of data
on election betting point to the fact
that in but two presidential campaigns
since betting on the result became
common, have the prevailing odds
failed to forecast the election of the
favorite. These two campaigns We're
those OF 1888, when the odds on Cleve-
land We're from 10 to to 10 to 8
against Harrison, and Harrison was
elected; and again in 1892, when the
betting odds were 10 to 8 in favor OF
Harrison and Cleveland was elect
eG.
In the latter campaign the Cleveland
supporters We're driven to cover by the
flood OF Harrison money that was Of
fered the night before the election, but
Cleveland was elected. With these ex-
ceptions election betting in New York
always has proved correct forecast
of the outcome.
Republican Odds Increase.
While the range in betting this year
has increased, taking the two extremes,
largely in the favor of Roosevelt and
Fairbanks, the prevalent odds have
been to l and s to /. Within the
week the odds on all average bets
made. have Increased from 4 to /,
where they had been stationary for
some time. to 5 to /. The tendency is
toward an increase in odds offered on
the election of the republican candi-
dates.
Never before in the history Of a
presidential election have such large
odds been offered OH the election of a
president, as are now current on
Roosevelt. The nearest approach to
the present prevailing odds of 5 to
l occurred in the two campaigns when
Mckinley defeated Bryan. The aver
age odds In the campaigns of 1896 and
1900. were 3 to in favor of Mckinley.
This year ever since the ST. Louis con-
of Roosevelt have had a steady in
crease.
Odds in Different Elections.
In this relation table showing the
odds in betting in New York since and
including 1888 is interesting as indi-
eating the reliance to be placed upon
the betting forecast of the outcome of
1.-THE election of November s. This
table shows the odds in the different
elections from 1888 to the present to be
as follows:
1888 - President = Harrison, Cleve-
land, odds, Z to 10, Harrison elected.
1892 President - Cleveland Harri-
son, odds, 9 to 10, Cleveland elected.
1895 - President - Mckinley, Bryan,
odds, to l. Mckinley elected.
1898 - Governor Roosevelt Van
Wyck, odds. even, Roosevelt elected.
1900 President - Mckinley, Bryan,
odds, 8 to 1, Mckinley elected.
INSTRUMENTATION, Coler, odds. 2
to 1, Odell elected.
1ao4-President- Roosevelt, Parker.
Odds to /.
19o4-Governor - Herrick, Higgins,
even.
Much attention is likewise being
given by betters to the Roosevelt ma
jorty in the state. The odds are from
even money to 10 to that the republi-
can candidates will carry the state by
majority of $4,000. Richard Can
field, acting for New York syndicate,
has deposited $4,000 with Frederick
Schrumm, keeper Of cafe in Fulton
street, Brooklyn, to bet even that