SYSTEMS OF BETTING

Taranaki Daily News, 1 May 1937, Page 4

SYSTEMS OF BETTING

EGMONT CLUB'S DEGISION — — __ (.Betting systems are still the subject of much controversy, many contending that the old system of 75 and 25 per cent. is the preferred mode. This contention can be definitely traced to persons intimately comiected with the sport as owners, trainers and close followers of Ihe game. But whiat about the general racegoers— the people' who . provide the sinews? ■ Where there are gbod fields the place machine comes out invariably on top, the general racegoer preferring as . many. chances as he- can find of getting his racing outing as cheaply as possible. Before being introduced in New Zealaftd win and place betting was in vogue all over fhe world. A recent arialysis of the betting over six years of the Dunedin Jockeyj Club is interesting in view of the oft-made remark that place dividends are too small. The analysis shows that over a period ; of three years before the win and place method was introduced by the club the average win dividend on the .75— 25 per cent. single poof machine was £5 18S and for second place £1 19s. For tbe next •three years linden win and place the !average straight-out price was £7. 14s and for a place £2 15s. . Another interesting phase o£ the question is the following analysis of the figures of the recent Hawer a Trotting Club's meeting:— ' ' ■/ • •

It will be noted that on the two occasions when the total on the win exceeded the place total there were insufficient horses to make three dividends. At a meeting of the Egmont Racing Club last night tjiere was keen discussion regarding the method of betting^ to he adopted at the coming meeting. Opinion was divided. The club decided to retain the win and place system for the final meeting of the season, with a probability of reverting to the old system if public opinion warrants it next season.

' S.I a.s || •f:#;. i 2"0f . 3',- £ s. £ S. £ «• First Day. • 10 421 10 666 10 1088 0 9 617 10 917 10 1 1535 0 13 679 10 1091 10 1771 0 11 1171 10 1471.10 2643 0 5 654 10 621 10 1276 0 7 811 0 922 10 1733 10 12 853 10 1117 0 ' 1970 10 , 12 1070 0 1299 0 2369 10 6279 0 8107 10 14,386 10 ' Second Day. - T 59110 " 748 0 1339 10 8 664 10 l(fe6 0 1700 10 14 794 10 1261 0 2055 10 8 960 0 1257 10 2217 10 9 821 0 1188 0 2009 0 8 903 10 ' 1123 0 2026 10 13 ' 814 0 1055 10 1869 10 6 1220 10 899 0 2119 10 6769 10 8568 0 15,337 10 13.048 10 16,675 10 29,724 0