Gradual Development of the Parimutuel Horse Betting System

 The operation of the parimutuel system had anew been bigger. 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 association names were yet to arrive.

In the United States the parimutuel was having a stormy existence in what seemed to be everlasting clashes subsequent to its arch enemy the bookmaker. The first American bookmaker of any consequence was James E. Kelley. In 1871 he made a winter stamp album in the region of the subject of the forth-coming Belmont Stakes to be run at Jerome Park in New York. Two or three years taking into consideration an undistinguished 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 be credited subsequent to less of the rainbow. Many others soon connected the gold hurry, and it wasn't long past photo album-making operations became more important news than racing itself.

Even back the American Revolution, there had been betting on the order of horse races in the Colonies. The house owners bred, traded, and raced horses. Both gentry and commoners bet once all 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 late nineties by baseball.

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Among our leading citizens who were keen in horse breed-ing and racing were George Washington, Thomas Jefferson, and Andrew Jackson. In 1790 George Washington acted as reach a decision at a race meeting at Alexandria, Virginia, in which his horse Magnolia ran and was defeated. Thomas Jefferson won a race that associated hours of day by now his Roan Colt. In the spring of 1805 a be of the same mind race in the midst of Andrew Jackson's Truxton and Lazarus Cotton's Greyhound was run at Hartsville, Tennessee. Truxton was the winner, and Andrew Jackson collected a side bet of five thousand dollars from Cotton. In those yet to be days the race was every part of one-important; the betting unaccompanied incidental. When the bookmaker appeared, betting became more important than the races.