The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1905-03-04

fare. Those are the days when u do
not bet on a horse who has impressed
me favorably on previous occasions
even when he did not show anything
spectacular In a race. The secret Of
my betting is nothing more than g
close study Of past performances, pres
ent form and a horses willingness to
run his best in a race. The young
man who expects to- make fortune
out Of the race must have a quick eye,
together with a thorough knowledge OF
the horses condition.
Phil always asserted that the per
centage for or against the bettor would
make or break him in the long run.
He argued that a man who accepted
two to one about horse when four to
one was the proper quotation got the
worse of the percentage and the book-
maker the best Of 1t every time. IN
two years Phil said that he Wagered
four million dollars and in that time
was loser Of something like seven
hundred and fifty thousand dollars.
AS this plunger's success Increased
from year to q year the bookn1akers
fought shy of his money and many OF
them did not want it at all. They fig
ured that every time he bet on a ten
to one shot they were taking chances
with their bank rolls, be cause of the
small army of followers who took their
cue from Phil and went up and down
the line behind him betting On his Sc
lections. For this reason Phil found II
a difficult matter after a while to get
his money down, SO he sent it into the
ring by friends, who also became
known in the course Of time.
As a result Of this backwardness Oh
the part of the bookinakers to handle
Pittsburg's money, several tricks We're
resorted to. One day a number Of men
who looked like hayseeds went into the
ring at Brighton Beach and proceeded
to bet on a horse that was at twenty to
one. The booknakers looked upon
these rustic individuals as so many
good sscome ons," and they grabbed
their money with marked eagerness.
The horse won in a gallop, and there
was CONSERVATION among the layers
when they saw Pittsburg coming down
the cashiers line taking up the money
in bundles. Not long. afterWard Phil
wanted to plunge on a horse that had
been opened NH the first prices at three
to five. This price was too short for
| the phlegmatic plunger, but he said
nothing and hurried into the ring with
a. bunch Of yellow backs in his hand.
The first bookmaker he encountered
had seven to five against the second
choice on his slate,
It'll bet you two hundred dollars on
that one" said Phil, placing his finger
opposite the name Of the second choice
| on the booklets slate. ."@
you're on!" cried the book1naker,
and Pittsburg went down the line bet
| ting one hundred dollars at a clip. The
crowd which had been waiting for a
cue rushed around the ring, taking any
price against the second choice, the
odds against which soon fell to even
| three to five favorite had receded to
even money, too, and several husky
young men made their appearance.
! They bet five hundred dollars and one
( thousand dollars a clip ON the fayorite.
and the books gobbled the money read
| lily, for they were sure that Phil was
betting on the other horse, while Shaw,
his own jockey, rode the favorite. But
when it came to racing, Shaw's mount
won in gallop, while the second
choice ran third. Nearly all of the
smart men were sure that Phils finger
had been burned, but the plunger
merely smiled when the husky young
men hurried up to him with twenty
thousand dollars which had been won
by him on the legitimate three to five
shot. He had burned up one thou