LOTTERIES 227 



Account of Lottekies held ox First Day's Racing. 



Nothing can be less liable to error than the system 

 which I have described. On that account it is well worthy 

 of adoption, for correctness is indispensable when a mass 

 of accounts has to be got through in a short time, which 

 is always the case at a race meeting. Its only fault is 

 that, at a settling, if persons are not acquainted with its 

 working, reference to the different debits and credits of 

 individuals cannot be so readily made, and explanation 

 given, as by another system which I shall now describe, 

 and which is so self-evident in its working that I need 

 only give the form for the accounts of each day's racing. 

 Its only fault is that error cannot be readily checked. To 

 save room, I shall give the form for only four lotteries, 

 though of course it can be made out for any number. 



In lottery accounts, the debits consist of price of 

 tickets and purchase of horses ; the credits, that of horses 

 drawn, and lotteries or parts of lotteries won. By the 

 following system (see next page) these items are arranged 

 in the most simple manner for reference and computation — 



