Sporting Reminiscences

Cover Sporting Reminiscences
Sporting Reminiscences
Thomas Haydon
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A man likes to back his horse, and he likes to know what price he is getting. If he takes fifty to one from a bookmaker, the fact of his horse subsequently starting an even-money favourite does not affect his wager, but in the Tote his odds vary in proportion to the estimation in which his horse is held by the public, and he has to accept the same odds as the 168 SPORTING REMINISCENCES man who does no more than pay a small fee for admission to the course, and there ends his responsi- bility. Th...e owner of the horse, however, stands entirely in a different position. To keep up even a small stud of race-horses entails an enormous expense, to say nothing of the risks of accident to which equine flesh is prone, and yet he has to share and share alike with every Tom, Dick, or Harry who puts his money in the Tote. This he naturally argues is the doctrine of equality with a vengeance. There are doubtless many men so constituted, in whom the gambling spirit is in no way developed, but they form a very small proportion in the ranks of owners of horses.

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