The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-06-25
HEAVY BETS ON
ENGLISH DERBY
Wagers Now Mere Trifles Com.
pared With the Old Days

"Rook'es arr afraid to lay good odds
nowadays" an old racepoer remarked
at Newmarket, recently Bets are
mere triles compared with those of
The ola days And certainly we do
not hear of "plunges" such as those
for inHtance which characterized the
transactions OF Mr.. Dawes. the first
booknakcr TO be ,dlled Il "leyiathan."
who bettcd IN tens OF thousands.
la the year 1856 he laid Mr. Clarke
E50ooeO to $j,UOO against each of
thtr" horses the latter mad in the Der
by of that year Mr. CLARKE having
to pay, while. il barbarian md won
the Derh9 of 1888 instead Of Daniel
{. Homkc, the "lrviathan' would have
Melted something like 100000, SAYS
London Tid-Bits.
one of Davies first big wagcrs was
to lay Lord Stanford $GOOOo tu $4,000
against The Cur for CeSareWitch.
Davies started life as "a carpenter aud
began hettns in small street off
GrdN's Inn road by taking half crowns.
Hpt by great shrcWdn, - and insight
Ilr soon gained tie confidence of the
public, and the amounts he paid away
'iaily to ready money clients were
enormous. He is said aever To- have
Tuibh!"d on suggested mistakes, and
such was his honesty that ON one oc-
ctsiuu. when he found that succ-ss-
rul client had died since making the
bet, he paid the WINNINGS over to the
widow.
Another famous buukmakcr Who
made big bets. and IA whom tie rae
ing fraternity had the 'amc high con
idcn'e BON of actual experience, was
he late Nh Fry I'm a." outus, of his
long and hi"hly successful career ne
paid out as much as $ldu,cu9 cn n SIN
gle wager, ANA in more than one in
stance q sum of $5O,U0g. And while
he los, upwards of So0occ0 through
dcfaultcrs nobody ever lost - penny
owing to his failure To pas up.
It has been suggested that there
Lay" never been such Liz betting
transactions during the last ~ years,
In 1902. however, when Ard Patrick
won the Derby the 'irntcly stable
| had "A tremendous gamble on Pelin
ana wuuld have taken more thnn
$iOu,Ou out of the ring # he had won.
! only few Fpsoms ago an amateur
speculdtor had $bO0O0 IN one of his
horses i'm a selling plate, ana lost iho
! money. While more recently sull $lO0.
Geo Ia $4,000 Was laid To- the stab"
Iugainsi the horse than won Che
! CesareWitCh.
reference might also 10 made 10
uenry Chaplin. who was sail to have
made a quarter of Il million when his
horse Hermit won the p,ro>. but
urobably half Of that amount would
| he aearer the mark At the odds at
| 90 to Mr.. Chaplin would have had
to invest less than $lOOOJ To de- it.
quite naturally, it is in backing 4
| ftyorite that the largest Lets are
made. The odds are, ut coarse, small,
! and it takeo money To make money.
! II may be accepted as dn axiom that
In first class race hal: the betting
is upon the favorite.
Thus. when the favorite fails To win
the public is badiv bit dnd tie book
makers not thousands and thousands
Of dollars. Probably never lid back
crs suffer more severely thar wheel
| sir Hugo won the DERBY it, the lN!-
race, at odds of 10 20 l.
There was probably ON" one man
who backed that horse To the extent
of S3.iao. and he received $l2oooo
for MS bold venture.
( But on La Flechc, the favorlt' at
livery small odds, gulG vIs poured ~
caaqeless stream in fact. until ia"
hooltnnkcrs refused tu take a SOU
errigu more.