PAEI MUTUELS. 235 



MEEBUT AUTUMN MEETING, 189. 



Tickets, Rs. 5. 



Name of race 



Horse backed 

 No. of tickets 



Signature of backer 



Having received a card, the intending backer fills 

 in according to his fancy, and places it, through the slit, 

 into the partition set apart for the race on which he 

 wishes to invest. This partition is closed on the horses 

 arriving at the starting-post, after which no more cards 

 can be put in. When the day's racing is finished, the 

 amount invested on the losers in each event is divided 

 among those who backed the winners of those respec- 

 tive races, after deducting a percentage, usually 10 per 

 cent., for the benefit of the Eace Fund. Let us assume 

 that in one of the races the winner was backed by A for 

 Es. 10, by B for Es. 5, and by C for Es. 15, and that 

 the other horses in the same race had been backed for 

 Es. 170. The total here would be Es. 200, from which 

 to calculate a percentage of Es. 20 at 10 per cent. 

 Deducting this Es. 20 from Es. 150 (amount lost), 

 would leave Es. 150 to be divided between A, B,and C, 

 and they would get respectively Es. 50, Es, 25, and 

 Es. 75. 



