TIPSTERS. 12 r 



ouly too well made familiar with, "stands in for a 

 shop." 



It has been said if there were no boolimakers 

 there would be no bacliers, which, to my thinking, 

 is "taking hold of the wrong end of the stick," the 

 more correct way of putting it being that if tliere 

 were no backers there would be no bookmakers; 

 while, practically, if there were no tipsters there 

 would be no backers. 



But then, it must not be overlooked that no evil 

 arises from the acts of legitimate backers, a class 

 of persons who have a perfect right, in the exercise 

 of their judgment, to do as tliey like with their 

 own. All the evil and wrongdoing comes from the 

 acts of Ulegitimate backers, a class of persons need- 

 ing to be protected against themselves. These are 

 the victims of the tipster. 



In their ignorance of racing and of racing meth- 

 ods, and the numerous interests connected with the 

 sport, they are readily beguiled by the fulsome ex- 

 travagances of the tipster's asseverations, such as 

 their "wonderful powers of discernment," their 

 "knowledge of stable policy and stable secrets," 

 their "intimacy on all hands with owners," the 

 "friends and boon companions of owners and train- 

 ers and jockeys," and of every trainer and jockey 

 whose name figures in turf records or in the lists 



