Three-div. Totalisator.
To the Editor. ' Dear Sir,—l am surprised that the betting public should be so simple as to swallow a three-dividend totalisator which, for one thing, increases the fractions by at least 50 per cent, and also deprives those who have backed a winner from getting a fair return for their investment. A 50, 30, 20 percentage pay-out, in any case, is useless to anyone. More than a sixth comes off for taxes, and 20 per cent of the remainder reduces the amount available for distribution on the third horse to a sixth or less of the original total on the machine. Far better would it be to run a straight-out machine: at least such a machine should be available for those who want it, in addition to the three-dividend machine.—l am, etc - HOW MANY BEANS?
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https://paperspast.natlib.govt.nz/newspapers/TS19311028.2.69.2
Bibliographic details
Star (Christchurch), Volume XLIV, Issue 256, 28 October 1931, Page 6
Word Count
137Three-div. Totalisator. Star (Christchurch), Volume XLIV, Issue 256, 28 October 1931, Page 6
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