WHO SAID I LOST TWENTY DOLLARS?
Here Are Plausible Arguments.
This is one argument of a firm of so-called "Expert Handicappers" of New York City, who bet on the races:
"There has never been a week since we started in business when we did not pay a dividend. The smallest dividend we have ever paid for any one week was $6.50 for every $100 invested. We average about $9.50 per week on each $100."
"An investment with us is safer and brings better returns than bookmaking or any other form of speculation."
Here is an argument of a firm of so-called "Turf Commissioners" of San Francisco, which claimed to be betting on the races, guaranteeing 4 per cent weekly:
"There is no kind of speculation that affords so great an opportunity for making money rapidly on a small capital as playing the races on a business-like and systematic basis. Our average weekly profits usually range from 4 to 8 per cent."
Another argument, that of a so-called "Bookmaker" of St. Louis, who guarantees 5 per cent weekly dividends to investors:
"We make books and allow the betting public to place the money. The man who bets has one horse running for him—the bookmaker has the rest. For this reason the odds are all in favor of the bookmaker and if he understands his business he is certain to make money."