Word: betting
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Dates: during 1940-1949
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Japan stood at the edge of the world gambling table last week and watched to see if her reckless bet would...
...thrown at Luzon, oil burned up in submarine raids off California, shells pumped onto Guam, Wake and Midway, artillery squandered at Hong Kong, shrapnel consumed in a new Chinese offensive, cruisers risked in an attack on Sarawak, precious bombs dropped on Sumatra and Burma-a total bet of nearly all Japan's power. At best Japan stood to lose far more than she could replace soon; at worst, everything...
During the past year $517,382,107 were bet in the pari-mutuels at U.S. race tracks -$100,000,000 more than the national handle in 1940. Recalling that horse racing boomed during World War I, U.S. turfmen last week wondered what to expect in 1942, watched with fingers crossed the opening week at Miami's Tropical Park...
...Straus, a onetime General Electric engineer, invented the American totalisator, an electrical device whose 1,500,000 moving parts automatically calculate and indicate the odds in pari-mutuel betting. The Munns backed him when he started to manufacture the contraption a decade ago. Their American Totalisator Co. collects a royalty on every bet made at the 45 U.S. race tracks that use its "tote...
Juan Antonio Rios, candidate of the Radical Party, who looked like the best bet. A banker and onetime Minister of the Interior, he represents the right wing of the Radical Party and is strongly antiCommunist. A Radical split had loomed when Rios and Gabriel González Videla divided the vote of the nominating convention and a special tribunal had to be set up to decide the party's nominee. But last week, when the tribunal decided for Rios, Leftist Gonzalez, who had been the late President's personal choice, announced that he would manage Rios' campaign...