Betting

“ But the betting lists are the attraction—these are the dice of the betting men; a section of one of the side walls [212] within the office is devoted to them. They consist of long slips of paper—each race having its own slip—on which are stated the odds against the horses. Hasty and anxious are the glances which the speculator casts upon betting lists; there he sees which are the favourites, whether those he has backed are advancing, or retrograding, and he endeavours to discover, by signs and testimonies, by all kinds of movements and dodges, the knowing one’s opinion. ”

“ But evidently the professional betting men were a new growth since the mid-nineteenth century. They were just beginning to assemble, wiping their mouths from the oozings of the last potation; some, the aristocrats of their calling, like sporting peers in dress and appearance; others like knock-about actors on the music-hall stage. ”

“ But you see, don't you? that gambling, even under its most sordid aspects, is not altogether sordid; it's the mystery, the uncertainty, the hours of "strange surmise" that the smallest bet gives to the bettor that make the real delight of betting. ”

“ I see six beautiful noble ladies betting, with their money snugly piled up before them. Their bets generally range from twenty to one hundred francs. But the most amusing part of this crowd’s entertainment is, the airs that the money scampers put on. ”

“ The backer of horses, as a rule, takes to it as a business by which to make money, as in every other business. Every business and profession (for a master man at any rate) is a speculation. Betting is a business, but a speculative and, I should say, the most speculative kind of business there is. There is nothing wrong or sinful in betting. But it is a business so very speculative, so very much against the backer, that, as I hope I have proved, it is a fool’s game, and for business considerations only it is best left alone. ”

“ Nowhere else can one witness a greater frenzy in betting than at one of these cocking mains. The backers of the rival birds nod their heads and place their bets so rapidly that it is more bewildering to the onlooker than the bidding at an auctioneer's junk sale. ”

“ Why, in plain language, it is arranging “to win a race.” Listen! What think you? There are very many unfairly run horse-races. Take this statement as gospel from one who knows, but who cannot divulge the secrets of the Turf. Listen again. Betting is simply a speculative business, two parties to a bet. Each tries to win the other’s money, and each party adopts the best expedient to do so. ”

“ When the drawing is all complete, the betting goes around in order, like the drawing, to the left. The ante man is the first to bet unless he has declined to play, and in that case the first bet is made by the player nearest to the dealer on his left. But the player entitled to bet first may withhold his wager until the others have bet round to him, which is called “holding the age,” and this being considered an advantage, is very frequently done. ”

“ The odds against any number being thrown against another number varies from two to one, to six to five, and consequently keeps all the table engaged in betting. All bets are staked, and the noise occasioned by proposing and accepting wagers is most uproarious and deafening among the low players, each having one eye on the black spots marked on the dice, as they land from the box, and the other on the stake, ready to snatch it if successful. ”

“ The plan adopted is a very simple one, but ingenious in its simplicity. The betting office takes a great dislike in its own mind to a particular horse, the favourite of the betting men. It makes bets against that horse, which amounts, in the aggregate, to a fortune ”

“ The wagers which are laid between practised betting-men afford very little indication of the prices which would be forced (so to speak) upon an inexperienced bettor. Book-makers—that is, men who make a series of bets upon several or all of the horses engaged in a race—naturally seek to give less favourable terms than the known chances of the different horses engaged would suffice to warrant. ”

“ Betting is the act of laying a wager, or making a deposit of money, by two persons of contrary opinions, for one to become the winner, upon the decision {62} of some public or popular event; and that so fashionable a mode of terminating disputes may meet with but little difficulty or obstruction, bets are made with as much deliberation, and discharged by the SPORTING WORLD with as much integrity, as the most important transactions of the commercial part of society in the first city of the universe. ”

“ That is all there is to the game, but there is a dozen other ways to win with it besides High Ball Poker, viz.: by betting on averages as with dice or raffling for a watch, etc., or betting that you can beat another man’s throw or that he can beat your throw, and other things too numerous to mention. It is a good thing and anyone who wants to win big money is foolish if he don’t have one. ”

“ In the Betting Act 1853 it is described as a kind of gaming of late sprung up to the injury and demoralization of improvident persons by the opening of places called betting houses and offices, and the receiving of money in advance by the owners or occupiers or their agents on promises to pay money on events or horse races and like contingencies. ”

“ Would you have a horse win against its owner’s interest? The thing being settled, the office, in order to ascertain the amount of its winnings, has only to deduct the price of the horse from its aggregate bets, and arrange the remainder in a line of, perhaps, five figures. Whereupon the betting men grow seedier and more seedy: some of the more mercurial go off in a fit of apoplectic amazement ”

“ CONTROL OVER SUCKERS. I was playing euchre one night on the old Vicksburg, and had a good sucker down in the game, and the clerk was watching us very close; so after I gave the sucker a good hand, and he wanted to bet on poker, I whispered and said, "If we make a bet we must put the money in a hat, and we must not speak about betting louder than in a whisper." ”

“ That the employment of an agent to make bets in a betting market implies an authority to bet according to the rules and usages of such market, and that the Court would look at the Rules of Betting or other document proved to regulate such transactions. (2) That in all bets the question whether a horse is the winner or the loser is impliedly to be determined by the Rules and Conditions under which the particular race is run. ”

“ Another pause, and the pencils are pulled from the betting-books. The legs and lords look at each other, but no one likes to lead off. At length a voice is heard offering to take nine to one he names the winner. ”

“ Thus, if a player starts in, with a wager of one dollar, and continues to double it as he loses until he has risked $100,000 or more, he is still actually betting that enormous sum that he will eventually win the trifling sum of one dollar. ”

“ Of course there was a large crowd present, the gambling stands were well patronized, as usual and at one particular table there was a large farmer betting very freely, who seemed to have plenty of money, and a smart fellow who lived in the city observed the way things were running, for every time the farmer put down a bet the dealer would win and raked it in. ”

“ They were evidently men who habitually betted and closely followed the betting news in the papers. To any one with the slightest knowledge of horses, their discussion, although accompanied by airs of profound wisdom, was in the highest degree amusing, the climax coming when one man, whose opinion was evidently greatly valued by the rest, gave as his reason for not backing a certain horse, “He wags his tail ower much for me.” ”

“ He is nothing but a betting book in breeches. He bets on everything, from his wife to the weather. I often heard your father say that betting is the argument of a fool—and Jonathan Greenwood is of the same opinion. ”

“ In the hope of easily making money, but in the end for the benefit of the bookmakers. My experience is not an isolated one, but truthfully is that of every well-known bookmaker on the Turf.
Betting is a fascinating vice, and it is perfectly astounding to what an enormous extent it is rooted throughout the land. In every town, village, hamlet, warehouse, office, and workshop in the kingdom you will find the “backer” in thousands and thousands, all losing money—all in the net of the bookmaker. Can you blame the bookmaker for carrying on his money-making business? ”

“ In some states and countries, whether betting is legal or prohibited, it is by far the strongest sector of the economy. It takes very interesting forms, however. One is the direct bet: this horse, this player, this team. ”

“ Three men are employed at each table to follow all the betting, and they watch like hawks every one playing. So perfectly is the whole thing done that never a word is spoken; it's all action—simply the placing of the coin on the spot. Most of the players have systems they follow, and prick their cards at each play. Hundreds of others who have no money follow their systems, just to see whether they would have won if they had had anything to risk. ”

“ The National Bank of Augusta, in speaking of these transactions termed 'futures,' declares: 'If this is not a speculation on chances—a wagering and betting between the parties, then we are unable to understand the transaction. A betting on a game of faro or poker cannot be more hazardous, dangerous, or uncertain. ”

“ The betting in connection with horse-racing which has of late been so fiercely denounced, and the rationale of which is so little understood by even the best informed economists and legislators, is described at considerable length in the following pages, whilst the practice of betting on credit is honestly denounced for the reasons given. ”

“ In the betting machines used by horse racing gamblers the bettors make the odds. If, for example, five hundred persons bet on a certain horse, and a hundred bet on another, then the first horse automatically becomes a five to one choice, and the odds in favor of his winning are five to one. ”

“ He doesn’t believe in betting on a friendly game; money is not so easily made that it can be thrown away, etc., etc. But this is so artfully said as to stimulate rather than to check the greenhorn’s desire to bet. A little more conversation almost invariably results in the making of a wager, the limit of which is determined by the purse and the verdancy of the victim. The stakes having been placed the game proceeds. ”

“ I didn't hear nothing about betting."
"Article second says that one of the objects of the association shall be the acquiring of good habits in general; and I am sure betting is a very bad habit."
"Well, I s'pose it is."
"But several gentlemen of Rippleton have subscribed fifty dollars as a prize to the winner of the race," added Frank; "just as they give medals in school, you know."
"Well, of course you will win."
"I don't know."
"You are used to your boat, and them fellers ain't." ”

“ I am inclined to think that the more important consideration is the fixity of the place, not, indeed, the absolute fixity as in the case of fixtures, but in the sense of the place being and remaining the same for a considerable time, long enough for the betting public to know where persons willing and offering to bet might be found. ”

“ Betting has of late years been reduced to a system, by which there are now many professors in existence, who were originally of the very lowest order; but, by an indefatigable and persevering industry at Newmarket, the cockpit, and the gaming table, have acquired princely possessions, by the unexpected honour of being admitted to princely association. ”

“ Coroner for Mid-Surrey.—“The poor lad, like many thousands of others, was led away by the fallacious idea that he was going to make money by backing horses. Men earning fifteen or twenty shillings a week cannot afford to lose sixpence in betting.” ”

“ Now, perhaps, you won't be tempted to bet again."
"I might win next time," he said rather sulkily, half regretful that he had confided in her.
"You might," she agreed, "and then, no doubt, you'd bet again. I do hope you'll stop at once. You don't know what a curse betting and gambling becomes, but I do, from sad experience. I had a brother who commenced making small bets when he was but a little older than you, and the habit of betting took such hold of him that it brought him to beggary. There! ”

“ It surely is reasonable to argue that if betting for ready money be bad, betting on credit is worse. Everything points to the probability of betting when it began being for ready money only, and that as a rule stakes on both sides were deposited pending the event to be decided. ”

“ She paid no attention to this, but stood apparently absorbed in the game, and edging forward from time to time till she stood directly behind the cotton-factor.
137 “The betting grew heavier. The ante was made ten dollars and the bet was often fifty, but still there was no contest between unusual hands. ”

“ He it was who watched me with most eager intensity, following every alternation of my game with a card and a pin. At the end of about an hour I was winner of something more than two hundred pounds, and I sat betting on, my habitual stake of five, or sometimes ten "Naps." each time. ”

“ I am defying the bank to repeat the same combination of dozens or columns in a comparatively short space of time. The odds are overwhelmingly in my favour. You see in this game one has certain advantages over the bank. One can choose one’s moment to enter, [166] and one can retire when one wants. Also one can make a progression.”
“Are you making one?”
“Yes, I begin by putting a hundred francs between the two dozens on which I am betting. If that should fail, I will increase to three hundred francs, and then if necessary to a thousand. ”