A THIRD DIVIDEND
OAMARU EXPERIMENT
BIG PUNTERS DISPLEASED
(By Telenraph.) (Special to "Tho Evening Post.")
DUNEDIN, This Day
j An inducement to invest in the shape of a third dividend when nine or more .horses started was offered patrons of tho Oaniiiru trots. With but one'exception, the third dividend exceeded the return to investors on tho second place fillers, which'ma 1 o tho scheme popular with small bettors, but patrons who punted in larger amounts for first placings were loud in complaints of the drastic reductions in their dividends. ■• After the experience at Oamaru representations will certainly be made to the Trotting Conference for a more equitable system of proportionate payments'. The scheme works out too harshly against punters on first horses. The most equitable percentage, payment 'would be: First, 65 per cent.; second, 25 per cent.; third, 10 per cent. ,
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https://paperspast.natlib.govt.nz/newspapers/EP19311027.2.114.1
Bibliographic details
Evening Post, Volume CXII, Issue 102, 27 October 1931, Page 11
Word Count
141A THIRD DIVIDEND Evening Post, Volume CXII, Issue 102, 27 October 1931, Page 11
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