Word: bettors
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Dates: during 1930-1939
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Soon Hines became known as a big spender, a heavy bettor at racetracks. His family lived in style. Yet his reported income was modest, its sources vague. He filed no tax returns for the period 1929-35 until the Government cracked down. Then the following items were revealed: $3,300 a year for "services" to the Sun & Surf Club at Atlantic Beach, L. I.; $2,400 to $6,550 a year for "services" to the New Hampshire Breeders (Rockingham Park racetrack company); $4,000 to $5,000 a year from Kenway Construction Co. for "services...
When a person wants to bet in a pool he writes the promoter for the week's selection. He usually has a choice of six or seven different combinations, may bet anything from a penny to a pound. There are three cardinal requisites for an "investor" (the word bettor is shunned): He or she must be over 21, must not "invest" with cash, must never visit the promoter's premises. To circumvent England's Betting & Lotteries Act, all transactions are on credit, cash is sent the following week. If an investor fails to follow up with cash...
...deal like a football himself, has been turning his every horse hunch to gold. The first day he appeared at Saratoga he won the astounding sum of $108,000. On another day he won $50,000 and on the closing day $15,000. Admiring Bookmaker Tim Mara told how Bettor Rooney had been talking football to a friend at the Saratoga rail when the news was brought to him that the horse on whom he had bet $12,000, had won but had been disqualified. Rooney went on talking football. On another occasion he nipped a coin to decide where...
...Churchill Downs last week, bettors wagered nearly $500,000 on the Derby. On an ordinary horse race, for every dollar that is bet at the track, $10 are bet elsewhere. Total moneys that changed hands on the Derby probably amounted to more than $10,000,000. Conspicuous by their absence in the crowd at Churchill Downs last week were the two bookmakers generally surmised to have handled a larger share of this than any of their confreres: Thomas J. Shaw of New York and Thomas Kearney of St. Louis, the only important bookmakers in the U. S. who make "winter...
Careful investigation has satisfied TIME 1) that Bettor Hill is an earnest as well as a facetious purist; 2) that he, possessor of a vast football library, was sincere in his devious criticism of TIME's use of "All-America" and "All-American"; 3) that though correct in the instance he cited (calling Bill Corbus "Stanford's All-American guard"-TIME, Nov. 20), TIME has in other instances erred in the use of "All-American"; 4) that at least one TIME-reader (C. H. McWilliams of Wilmington, Ohio) perceived Purist Hill's concealed point. For purity...