IRISH SWEEPSTAKE.
r - * •■ - . A SYNDICATE. SCHEMjS... , (U KITED PBEBS ASSOCIATION—BT EIicTBIC TBLBOSAPH—COFYBIOBX.) LONDON, March 26. ' A. unique syndicate scheme by, London business* men, revealed 'in connexion with -the Irish Free State Sweepstake,' reads akin to thp best betting system devised. Briefly, the syndicate a? half share in each runner, thereby assuring a halt' share in-the tnree'chain prizes, totalling £600,000, and half in the remaining runners, totalling £40,000. They will receive £340,000, from which will be deducted the amounts paid to various holders. The -syndicate estimates a profit of £125,000. In the event that they are unable to - purchase B share in all the tickets they "will back the horses concerned to win. proportionate amounts, and if they ..have to back a larger number they expect that this may reduce the profits to £60,000, but in any event' they are bound to win. Th 6 syndicate has already cabled every holder,, and 40 per cent, -have accepted.
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Bibliographic details
Press, Volume LXVII, Issue 20197, 27 March 1931, Page 20
Word Count
156IRISH SWEEPSTAKE. Press, Volume LXVII, Issue 20197, 27 March 1931, Page 20
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