BOOKIES’ DAY OUT

Taranaki Daily News, 25 July 1929, Page 18

BOOKIES’ DAY OUT

£10,000,000 LOST OX DERBY. Derby week was a boom week for bookmakers and a black one for backers. It is estimated that £10,000,000 changed hands as a result of the Derby being won by the Irish colt Trigo. The Derby established a record for the biggest betting in the history of racing in any country. Trigo’s victory was followed by the failure of Athford, the favourite in the Coronation Cup and several unexpected results at Kempton Park on the following Saturday. Mr. James Sutters, the bookmaker, said: “This year’s Derby has certainly produced the biggest betting race since the war, and the amount to change hands, inclusive of sweepstakes, must be something between eight and ten million pounds. “immense public interest in the race, fostered by the big sweepstakes and the abolition of the Bets Tax, was the cause of the heavy betting. “Settling day was a particularly heavy one, and was most satisfactory.”