On the Rules of Betting. 35 



Cwrw became first favourite, and won an immense 

 stake. The Eemembrancer colt did not start, by 

 which the Eing lost a great portion of their field 

 money, the Two Thousand Guineas Stakes at that 

 time not being a P. P. race, but it has been so ever 

 since. 



The Jockey Club, not enlightened by ex- 

 perience, resolved, on June 1, 1815, "that no 

 bet which shall be made on the Derby and Oaks 

 after that date shall be considered P. P., unless 

 specified as such between the parties at the time 

 the bet is laid. That the above regulation be ap- 

 plicable to the St, Leger Stakes, at Doncaster, from 

 October 1, 1815." This resolution was a nullity, 

 as no bettor would lay long odds without P. P. 

 The Jockey Club stood convicted of imbecility. 



It must be evident to every man who will take 

 the trouble to think, that if the Jockey Club had 

 the power to abolish P. P. betting, they could not 

 prevent horse owners from robbing the Ring or 

 their own friends, by starting horses unprepared 

 — if a person has backed a horse for a large sum of 

 money not P. P., there is no satisfaction in seeing 

 him run either lame or coughing, or with a big 

 belly. Make the law as you please, the Jockey 

 Club l:ave no power to prevent a robbery being 

 committed, if the horse owner, or trainer, or jockey 



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