196 A MIRROR OF THE TURF. 



living by " bookmaking " alone. True, the 

 " lists " have been " put down," but clubs have 

 arisen, where betting, as has been stated, is 

 going on every day and all day long. Races 

 to which the lists applied were, comparatively 

 speaking, seldom on the tapis, although betting 

 on them, it is right to say, began long before the 

 day fixed for the event to be decided, so that 

 bettors were afforded ample opportunities to 

 "back their fancy." Even at present there are 

 books open on the Cesarewitch and the Cam- 

 bridgeshire months before the horses are entered 

 for them. 



The English betting men lately carrying on 

 business in the French towns of Boulogne and 

 Calais betted on these handicaps, as may be said, 

 all the year round. These bookmakers betted 

 with all comers chiefly for ready money, and have 

 been known to lay from five to fifteen thousand 

 pounds against each of two or three of the horses 

 engaged in a popular race. With the daily 

 betting now prevalent, and the occasional spurts 

 which take place over important races held at 

 Manchester, Derby, Leicester, Sandown and 

 Kempton Parks, it may be taken for granted 

 that the amounts involved, so far as totals are 

 concerned, are greatly in excess of what they 

 have ever previously been estimated as being. 



Those who maintain that " the betting of 

 to-day is nothing to that of forty years ago," 

 usually cite in proof of their assertion the large 

 sums which were wont to change hands over 

 the Derby, such as the ^50,000 won over St. 

 Giles, or the ^150,000 that Teddington's victory 

 cost the ring, one of the members of which 



