ENGLISH BOOKIES
PLAN TO LOWER DIVVIES. TOTE TOO I’OI’I’I.AR! (Aus. & N.Z, Cable Assn ) LONDON. May 4. The “Daily Express” says: A syndicate of powerful bookmakers, with a fighting fund of a million sterling, has been formed to smash the popularity of the tote, by outbidding it. Already. bookmakers have started formal war by flooding the totes with “blower” money al the last minute, in order Io bring th° lore's price be low the bookmakers. operations wil start in connection with the big races Il was claimed in tin* last annua report of the Betting Control Board that tote dividends averaged fifty pel cent. higher than the bookmakers starting prices.
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Bibliographic details
Grey River Argus, 6 May 1933, Page 7
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109ENGLISH BOOKIES Grey River Argus, 6 May 1933, Page 7
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