. Breeder and sportsman. Horses. 342 ©tj* gm^ mttr §^rj«wt»mi»u [November 26,1898 Passing of the Turf Plunger. The old lime lurf plunger has become a thing of (he past. This statement is made with due regard for the operations of â¢recolaiora on racing event* at the present time, and the no- de ubtid fact that the volume of belting is greater now than ever before in the history of the lurf. "The "Plunger" Waltons, the Mike Dwyers, the "Pitts- burg Phils" of the old 'ays are not now in evidence. "Plunger' Walton went broke against tbe game, as he mutt inevitab


. Breeder and sportsman. Horses. 342 ©tj* gm^ mttr §^rj«wt»mi»u [November 26,1898 Passing of the Turf Plunger. The old lime lurf plunger has become a thing of (he past. This statement is made with due regard for the operations of â¢recolaiora on racing event* at the present time, and the no- de ubtid fact that the volume of belting is greater now than ever before in the history of the lurf. "The "Plunger" Waltons, the Mike Dwyers, the "Pitts- burg Phils" of the old 'ays are not now in evidence. "Plunger' Walton went broke against tbe game, as he mutt inevitably have done on his bettiog system. Mike Dwyer also went broke, though he is not vet out of it entirely, and may retrieve his shattered fortunes in an- other season. Dwyer pjesibly made mire big bets in his lime than any other individual belter, taking 1 to i and less for tbe majority of his money. "PiUsburg Phil" is still a factor in turf speculation, but his operations are on nothing like the ex ensive scale of pre- vious yean, when he was wont to bel $50,000 on a race. His biggwt bet of the season was one of $10,000 on Handcnfl at Morris Park. Kiley Grannan was a heavy bettor only a few years ago, but even before his enforced retirement from the turf he had trimmed his sails and look no such chances as he did when Henry of Nivarre ran his famous dead heat with Domino. Grannan took $70,000 in this race, and bet heavily on Henry of Navarre. Tbe reasons for this change in etliirs are numerous. For one, no such betting as was formerly done would be possible under the present system. There is no open market now, and not nearly the same number of men with big capital behind Ibem are willing to lay the odds. I'nder tbe new system speculation has gradually become diversified, and its tendency is to drift more and more into the hands of the public. There has thus arisen a state of affairs where the aggregate of bettors has increased largely, while the volume of


Size: 1568px × 1594px
Photo credit: © Library Book Collection / Alamy / Afripics
License: Licensed
Model Released: No

Keywords: ., bookcentury1800, bookdecade1880, booksubjecthorses, bookyear1882