Gradual Development of the Parimutuel Horse Betting System
The operation of the parimutuel system had anew been enlarged. The application of electricity had speeded the operation highly developed than belief, and many observers believed that Oiler, Ekberg, and Julius had perfected the totalisator. But added names were yet forward.
In the United States the parimutuel was having a stormy existence in what seemed to be timeless clashes when its arch enemy the bookmaker. The first American bookmaker of any consequence was James E. Kelley. In 1871 he made a winter scrap scrap baby book concerning the forth-coming Belmont Stakes to be run at Jerome Park in New York. Two or three years highly developed an unnamed English bookmaker started taking bets at New York race tracks, and it was soon apparent that he had found the pot of gold at the fade away of the rainbow. Many others soon allied the gold rush, and it wasn't long past folder-making operations became more important news than racing itself.
Even in support the American Revolution, there had been betting concerning horse races in the Colonies. The house owners bred, traded, and raced horses. Both gentry and commoners bet following than every one one comers upon the result of a race. In fact, horse racing was our first public sport and continued to be first until displaced in the tardy nineties by baseball.
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Among our leading citizens who were eager in horse breed-ing and racing were George Washington, Thomas Jefferson, and Andrew Jackson. In 1790 George Washington acted as believe to be at a race meeting at Alexandria, Virginia, in which his horse Magnolia ran and was defeated. Thomas Jefferson won a race that thesame hours of daylight subsequent to than his Roan Colt. In the spring of 1805 a decide race together along together surrounded by Andrew Jackson's Truxton and Lazarus Cotton's Greyhound was control at Hartsville, Tennessee. Truxton was the winner, and Andrew Jackson collected a side bet of five thousand dollars from Cotton. In those forward days the race was all-important; the betting without help incidental. When the bookmaker appeared, betting became more important than the races.
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