UP-TO-DATE WAGERING
ODDS SHOWN ON TOTALISATOR. > 4 (Peb United Press Association.)
■ ■ WELLINGTQN, June 22. . Patrons of the- Wellington Racing Club’s ‘ Steeplechase . meeting -next month will be provided with the most up-to-date system of wagering yet placed before the racing public in New Zealand. . For the first time ,in the Dominion win investors will have the odds of their horses recorded for them while the betting is in progress. Existing 1 ' electric, installations in New Zealand have been designed to record and indicate one pool only, but a new. set of machinery has been designed and installed at Trentham to record the sale of' tickets in the win pool. This installation consists of 24 ridding units recording the number of win tickets on each horse. Electrically connected with these adding units are a number of ticketissuing machines. These also operate a master unit which records in public view the gross total of tickets in the pool. An intriguing .part of the scheme is that the machine, as well as recording the gross total, has an indicator which records the amount available in the pool after , the various measures of taxation have been deducted. An operator with a chart is in communication with the indicator house, so that investors will be continuously informed what each runner is paying for a straight-out win. The.whole of the machinery, with the. exception of the meters, was made in New Zealand to the design of Mr Saggers, who for the past seven years has been in charge of the electric totalisator at Trentham.
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Bibliographic details
Otago Daily Times, Issue 21987, 23 June 1933, Page 4
Word Count
257UP-TO-DATE WAGERING Otago Daily Times, Issue 21987, 23 June 1933, Page 4
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