THREE-DIVIDEND SYSTEM
Opinions differ as to whether- or not.the innovation of a three-dividend system at the Oamaru* Trotting Club's Meeting on Monday was a success. One Dunedin writer was very definite in his assertion that itiwas a failure, but there are other/ critics who have taken quite a contrary view; The "Christchurch Star's".correspondent declares that investors throughout the day voiced hearty approval of the innovation, and were amply satisfied with the prices returned. He says: "Generally speaking, officials of the club were well pleased with the, success of the three-dividend system. The fact that the public were reluctant to speculate in events in which two dividends were available after witnessing the success of three-dividend pay-outs in earlier races was undoubtedly the cause of the shrinkage in the totalisator turnover for the day, and this contention is supported by the figures, for ot the deficit of £0200 on last year's turnover £3774 10s was dropped on the AVaitaki and Redcaitle Handicaps, in which the number of starters allowed only two dividends to bo paid." ' •
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Evening Post, Volume CXII, Issue 104, 29 October 1931, Page 10
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173THREE-DIVIDEND SYSTEM Evening Post, Volume CXII, Issue 104, 29 October 1931, Page 10
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