At the time the last Melbourne Cup wa« run the fact that three £20,00 consultations upon it were organised, as well as smaller ones, raised the question whether money was not thereby diverted from ordinary betting channels. Members of the Australian ring found betting so good that they doubted whether any material sum from small backers had been Jost to them, though they did find that some owners “backed” their horses at small outlay with the luck, people who had drawn them in the consultations. The same thing has been noticed in England this year in connection with the Derby. One of the leading turf commissioners said after the race that the volume of betting business had undoubtedly decreased owing to the extent to which large sweepstakes on the race had been organised. Not only had more money been contributed to them, but owners were so confident about getting a parcel laid to them upon liberal terms from a drawer in the Calcutta or London Stock Exchange sweep that they did not come into the open market. Eeven in New Zealand not so long ago some racing clubs were declaring that the big art unions were injuring their totalisator returns. Polish your furniture and floors with liquid “TAN-OL.” Shine lasts longer and it doesn’t smear. Easy to apply. Economical, All grocers.
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Hawke's Bay Tribune, Volume XVII, 1 October 1927, Page 9
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221Page 9 Advertisements Column 4 Hawke's Bay Tribune, Volume XVII, 1 October 1927, Page 9
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