Word: parimutuel
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...Frank Vessels Jr. and his late father on the site of a former beet farm. Los Alamitos drew 457,080 fans last year and attendance is up 30% this year. It pays better than beets, too: close to $750,000 a night passes through Los Alamitos' parimutuel windows...
...winter stakes in Florida, but he is footsore from his strenuous campaign (27 races in two years) and has also been scratched. There is no shortage of favorite sons: Derby officials predict a field of 17 horses, most of whose owners would happily settle for second spot on a parimutuel ticket. At the moment, the Derby looks like a two-horse race-between a front runner who has scored four stakes victories this year, and a come-from-behind colt with connections in Massachusetts and New York...
Most are nonchalant rather than festive. A parimutuel clerk says, "Most of this crowd was here last night and will be here tomorrow. Most people make it every night. It's a regular thing." As post time approaches for the first race, lines quickly form and disperse at the betting windows. The dogs, donned in colored, numbered blankets, leave the kennels and parade past the grandstand, and around the track to the starting blocks. Meanwhile, the unctuous voice of the announcer calls "Hurry, Hurry, Hurrrry--place your bets." The odds on the big boards in the infield flash rapidly with...
...average, they showed less reaction to stress than do draftees undergoing basic training at Fort Dix, NJ. When the stress and danger were real, the men suppressed their anxiety and related reactions. One man, an unquestioning Roman Catholic, was convinced that God would look after him. Another, with a parimutuel mentality, had painstakingly taken the reported casualties and calculated the chance that any one man would be killed or injured on any single day. The risk, he concluded, was so slight that he could stop worrying. All the men, no matter how often they talked of near misses by Viet...
...horsemen complain that New York State benefits more from racing than any other state in the U.S.-while doing less to encourage the sport. Out of every dollar that passes through the parimutuel windows at Aqueduct and Saratoga, 100 goes to the state, and 50 to the tracks for operating expenses and purses. The state's cut last year came to $66 million; at the tracks, $15 million was available for purses after expenses. Much of that had to be allotted to occasional (some 90 per year) high-priced stakes races to which the track contributes anywhere from...