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Show - , . -: . . - ' ' ;-' ( . 1 : . rrcul: . Ccrr Srjs Stciles :f Ring L::s Arc Tri::, zzl E:r!:J:sTI:7 TL:y Ccmc t3 Pass, cJda really are from even money up to inree to two. and when they send lr a report that the odda on a certain horae are two to one, you ean safely bet that the horse la telling for four to one or Ave to one on the track. . "Thl way they can fool the people ny waking them think that the poolroorae re riving better odds than are offered at the track. . . .. . . . . . "Ttia is no more nor less - then swindle pure and simple; and th poolroom pool-room operators are tha- ones who ar reeponalble.", "When you tell spine people that the bookmakers of today are losing: money ri;ht cJcrg. they think it Js a great joke," raid Frank Carr,' a-well-known bojkm.l;er, "but it is nevrrtelss vco true,' Tlia tor,:aker of today le working under vastly different circumstance from what ho Ud tu or riUeen yvaio ago and has to l-andie a g.-:tt 4al . nore money and ban lie It judiciously, too. to rorae out to th f gaud at the end of a eeasou. "Thereis a great d;jl of expoi.se con. - r.Vea iith running a book, ad this nljlliss tu be paid out of the v Innings I for the bookmaker. Is anything ai. lead. ; TTbW expense will run about t2W a so you see in tht li) dayM of rac lag, that w have berj, the bookmaker .. liae to win nearly $;0,COV to come out even.- ..;' : -" " 'It csed to bo that th bookmakers all did the business with their own . , money. butV today It Is different. I would not hesitate a minute to eay -that there are no more than ftftea books on the .1 rucka) at 8C loulv, cMcjiko and an 1 ranclsco that are not being run on tl bookmakers' own money, "7ntn a man is conducting a bu1 Jiofi on somebody's else money, lie will ; take greater risks than thi nan vpo stands to lose Bis own mornfy. J"r I Ms reason, the books if tvfcjay t are run on a great deal waller percent-ge percent-ge thnn they used to Tie, and soma of tVn will even go 'Dutch ' to get th i;ony. AVJiat I mean by going 'Dutch ' la to do. business on leas than evn ', percentage.. . . t - ; ' , "Bookmaking la Juat .like any other - business. -A - man baa to figure how chtap he can buy bis commodity and how much he can get for It- "If a man ts a elgar dealer he must buy his cigars as .cheap a? ha can and aell them at as much c roflt a his trade will atand. . ' - 'It he is a bookmakep be must buy his money the same way and s;U It at a profit. ; i . - . ."On Saturdays and ho'idays you can tay money at the track for ninety dollars dol-lars a hundred and sell it for a'hun-' a'hun-' dred. but on other days the price Is not aa cheap. , . ; .', . . . , . "There Is all th difference In the " word In the prices offered lo poolrooms ". and on the. track.'- The maa.oa the track flgnres on about a 4 per cent ba-w-aia. while In a poolroom It Is 44 per Jjer -are a number of different -ways to figure the -percentage, but the ' one that ia the simplest Is like this: J Odds. -!: Per Cent. Itol...... .... .... 50 I to I...... a -, V " aoaawwsaaCTSTs C a to I.,.., ..v"i",- "'""sH ' Bookmaker's per cent'.'.".. .,7. T-.TlOS '-"In this way yoy add the amount you lay to the amount the .'bettor puts up, and divide 100 per cent by that amount ; to get your per cent of chance By add-- add-- lng them all together you get th per-:' per-:' centage. - . ' - "I believe that any man who 1 in -a legitimate business ought to do all he can for that business and keep it from falling into disrepute if It Is In his power 'to do mo. "There Is one thing about the racing business " that T ; think " ought to be stopped, and that U t5ve way the West, ern Union Telegraph company reports tho odds at tho track to th potfrooms that us their service. .:, - "They , will rend In a report that a horse Is selling at one to twes when th |