NEW SYSTEM
75-25 and Place SUCCESS AT FORBURY The huge success of the adopted by the Forbury lark irottin» Club should influence other club oL> ,u ’ l atione to use the snuie methods (st j southern writer). The idea of paying ' dividends in the ratio ot 7u and -o P« cent, on the win machine satisfied speculators and owners, and the P t machine pleased the small investors. The new arrangement is a solution to a much vexed question, and is infinitely superior to the single pool .method in three dividends, and a distinct improvement where only the single pool and tu dividends are available. .0107/10/The substantial increase of tJMI/W in the investments at the Forbury 1 a: K Trotting Club’s meeting was due to tn< new system. It is true that the gate ie ceipts were £lOO more than at the sum mer meeting last year, but the increase attendances were not wholly responstb for the improvement in speculations.. There was another aspect equally important. Speculators seem to divide into two camps, the big bettor patronising tm. win machine and the small investor confining his activities to the place machine. Few people supported both total tsators. Thus quite early in the meeting the win machine carried three times the amount of money the place machine did. but tierting was more evenly distributee on the place machine, whereas opinions were definitely expressed on the win machine. The fact of big amounts being invested on the win machine made certain horses pronounced favourites though they '"'onld ne only a few tickets better backed than several other horses on the place machine. The result was that splendid dividends were returned on the place machine atm satisfactory prices were returned on the win machine. The general opinion of all classes of bettors was that the fact of five dividends being available kept the volume of money spread over a wide circle of investors. This was a feature of the new system which tends to become very popular and satisfactory to all classes of speculators.
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Bibliographic details
Dominion, Volume 28, Issue 113, 6 February 1935, Page 13
Word Count
341NEW SYSTEM Dominion, Volume 28, Issue 113, 6 February 1935, Page 13
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