Word: bets
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Dates: during 1960-1969
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...GAMBLING is far and away the Mob's biggest illicit income producer, more than taking the place that bootleg liquor held during Prohibition. No one can more than guess how much money is bet illegally in the U.S. each year, but a conservative estimate is that about $20 billion is put down on horse racing, lotteries and sports events. Perhaps a third is pure profit for LCN and its affiliates...
...slums, the bets are usually on "the numbers." The gambler picks the number that he thinks will come up in some agreed-upon tabulation?the total dollars bet at a race track, for example ?and puts down as little as 250 or as much as $1. In some places $10 bets are allowed. The bet taker himself, called the policy writer, is too small?and too vulnerable?to be a formal member of La Cosa Nostra. He works instead under contract as a "sharecropper...
...bought a round of drinks. A. G. Vanderbilt and wife were there for light conversation. A very live spirit from the past--when Arnold Rothstein won $850,000 on Sidereal, when Pittsburg Phil was in his heyday, when Diamond Jim Brady and Subway Sam Rosoff ate much and bet more, when a "handy guy like Sande was bootin' them babies in," and when the Grand Union Hotel would serve any dish if there was twenty-four hour notice. There is still some of this around. There are still faceless bettors with the thick glasses and hard rolls of hundreds with...
...track is fast and the skies clear I am sure that I shall see him in the clubhouse at Saratoga waiting to bet on Arts and Letters in the Travers. It should prove to be a delightful and profitable afternoon...
...HECKLER tries to win a bet for the stable...