Word: pari
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...days. What improvements to make after purses have been raised may be a problem. The track already has the largest grandstand in the U. S., an "eye in the sky" to photograph close finishes at the rate of 165 frames a second, an electric totalizator to flash changing pari-mutuel odds on every race, a public address system, a polo field in the infield...
...celebrities than any other in the world, but the track's real "take" comes from lowly Los Angeles punters. In its first season, Santa Anita got back its whole original investment. Last season was even more profitable. Its "handle" (i. e., total of all bets made through its pari-mutuel windows) was $25,250,000. The track's gross income from admission fees and 5% of bets was $3,000,000. Currently Santa Anita is planning to up its total of purses and stakes for next winter's racing to $800,000, hopes the California Horse Racing...
...California State Fair in Sacramento hoped to overcome the competition of the San Diego Exposition with such features as pari-mutuel betting at horse races and equestrianism...
...clubhouse were John D. Hertz, Jack Dempsey, Postmaster General Farley, Mrs. Isabel Dodge Sloane and J. H. Louchheim of Philadelphia, who bet $1,000 on his Morpluck and then contrived to lose his pari-mutuel tickets to a pickpocket who got no good out of them. A squad of National Guardsmen used clubs to keep the spectators in the infield under control. The spectators threw chairs at the guardsmen...
...handle bets elsewhere for the convenience of their customers. Of the latter, there are about 10,000 in Chicago, 20,000 in New York, 100,000 scattered about the country, in cigar stores, poolrooms, newsstands, lunch rooms. Some are agents for big bookmaking establishments. The majority are independent. Since pari-mutuels-machine betting at race tracks through a general pool, in which the odds are determined by the amount bet on each horse and of which the state and track each get a share -have been legalized in 23 states, bookmaking has increased instead of declined. Big bettors and system...