MODERN BETTING ILLUSTRATED 

 AND EXPLAINED. 



Having received the selection of his tipster, or 

 having become enamoured of a horse selected by 

 himself, the bettor proceeds to his club or other 

 rendezvous where he knows he will find a book- 

 maker ready to lay the odds against the horse of 

 his choice. 



In this he finds no difficulty. In large towns 

 and cities, and in smaller seats of population 

 also, there are persons whose business it is to 

 accommodate such customers. Bookmakers and 

 backers have many ways of coming together ; 

 they meet at divers times and seasons and in 

 divers places as a matter of course, and during 

 those months when there is little or no horse- 

 racing they keep up acquaintance with each 

 other at billiard matches and in their clubs ; 

 indeed, sporting events of some kind on which 

 " a nice little bit of betting " may crop up are 

 always on the tapis, whilst during the winter 

 season there are usually a score or so of 

 steeple-chase meetings which are provocative 

 of speculation in bookmaking and betting circles. 



