A Mirror of the Turf; Or, The Machinery of Horse-Racing Revealed, Showing the Sport of Kings as It Is To-Day

by James Glass Bertram

HANDICAPS.

At every recurring race for the Chester Cup the decadence which has overtaken that celebrated event is usually adverted to by the sporting writers of the period, its past glories being at the same time painted by regretful pens. But times change, and though the competitors at Chester have dwindled from thirty and forty to less than a dozen, let it not be forgotten that other contests have arisen of greater interest, although the races which are popular to-day are not those which were popular thirty-five or forty years since. Handicaps which in times past were thought "great" are now looked upon as "small," and are being displaced in the Calendar by more important events.

Space need not be occupied in even briefly narrating the history of our handicaps; two of them, however, may be referred to in order to indicate the fluctuating fashions of the turf: these are the races for the Tradesmen's Plate at Chester, or "Chester Cup" as it is familiarly called, and the Great Metropolitan Stakes, run at Epsom Spring Meeting, both of which look almost at death's door when viewed in the light of their early history. It is curious, however, to note that what seems to be most regretted in connection with these races is the falling off in the betting; that is not a fiftieth part of what it used to be—hence the regrets. To ensure good racing a field of forty horses is not requisite, either at Chester or anywhere else; excellent sport may result when not a fourth of that number may be running. It is different as regards the betting element. A very large entry and a good acceptance promotes speculation, and when the field of horses competing is a big one, the odds ought of course to be good and betting brisk. But at the present time, when a week seldom elapses without the decision of a big race of some kind, betting such as took place on the Chester Cup thirty years since need not be looked for.

It was in the year 1824 the race for the Chester Cup was instituted, and in the course of a few seasons it blossomed into an event of importance, so far as regards the betting of which it was made the medium. Speculation on the Cup commenced at one time before Christmas, and horses could be and were backed to win large amounts before New Year's Day. A favourite form of betting was in "sweepstakes," which were numerous and of large amount. Horses were kept specially to be "readied" for the Cup, and from the day on which it was won by King Cole to that year in which Tim Whiffler proved successful (1838 to 1862), there were big entries, large fields, and lots of gambling. Stories are frequently retailed as to how such and such a winner of the Chester Cup was "managed" and how much was bagged over his success.

Turfites are living to-day who love to dwell on the early days of the Rood Dee, and who describe the winter betting over the great race as being really marvellous in amount. At the period referred to the doings of horses in training were not made public in the fashion which now prevails. Bettors long ago were kept ignorant of the condition of the horses, and animals which had no chance to win were backed long before the entries for the race were due. "A hundred to one against anything" was in many instances a common offer for next Cup early in the preceding December, whilst some list-keepers (they were numerous in those days) offered double these odds. Betting went on with great vigour till the fall of the flag, and as large fields were competing for the Cup, there was no lack of a choice of investments. For this popular trophy as many as forty-three horses started in 1852, but now, so greatly has the interest in the race fallen off, there are not usually many more horses in the list of entries.

In former days a horse entered for the Chester Cup might easily have been backed to win in one hand from £30,000 to £50,000 at a fair price in the way of odds. At the present time if a horse were backed to win £10,000, it would probably start at something like 5 to 2 on it.

The Great Metropolitan Stakes, run for at Epsom, was at one period a very heavy medium of turf speculation, but is now at a low ebb. For this race about thirty-five years ago there was wont to be from fifteen to twenty-nine runners—a number that admitted of much betting. Handicaps that aforetime were "great" are now small affairs; indeed the new races which have lately been instituted claim popularity in a greater degree, and now more interest is taken by bettors in the Lincolnshire Handicap than in the so-called "great" races. As a medium of betting the race run at Lincoln affords an opportunity to all classes, there being usually a numerous entry and a fairly large field of competing horses. Several other large betting races, such as the City and Suburban, the handicaps at the Leicester Meetings, and the Manchester Cup in the first half of the year, provide plenty of work for the bookmakers, and relieve bettors of superfluous funds; no wonder, therefore, that many of the old mediums of speculation are being "knocked out of time." As betting races the short-distance handicaps carry the day. The Ascot Stakes even, and the Goodwood Stakes as well—both at one time of importance—have fallen from their former estimate, and no longer attract the attention of the great body of betting men.

The Cesarewitch, which is without doubt the greatest of our handicaps, may be referred to at some length as a typical handicap. Instituted in 1839, it is among handicaps what the Derby is among so-called "classic" races. The great Newmarket event was named in honour of the Grand Duke of Russia, whose title in the Muscovite tongue is the "Cesarewitch," and who, on the first occasion of its being run, gave a prize of £300 in commemoration of his visit to this country along with his father, the Emperor Nicholas—the founder of the Emperor's Plate at Royal Ascot. It is now over fifty years since the race was first run, on which occasion there were twenty-six subscribers of £25 each, and as ten runners came to the post, the value of the stakes to the winner, including the sum given by the Cesarewitch, was £715. The first winner of the event was Cruiskeen. In course of time the Cesarewitch became the greatest of our English handicaps, over two hundred horses having in some years entered to take part in the struggle. As may be supposed good fields are usually the result of large entries, as many as thirty-seven horses having, in 1862, been sent to the post, and on another anniversary of the race thirty-six tried conclusions.

The Cesarewitch cannot be said to be "famous" for its surroundings; on the contrary, the struggle has often enough been accompanied by an evil odour of finesse and chicanery, consequent on repeated attempts to throw dust in the eyes of the handicapper, or, to state more plainly what is meant, to "cheat" that important functionary. To non-racing people such a statement will doubtless require explanation. All handicaps are more or less a "game of weights," and that may be more particularly affirmed of the Cesarewitch. In such races as the Derby and St. Leger, the horses which contest the prize run on uniform terms, the weights of all being equal, mares being allowed a deduction; but in the Cesarewitch, Cambridgeshire, and similar contests, the horses are all "handicapped," in other words they are allotted to be ridden at weights which will represent their merits, or supposed merits; for, as has been hinted elsewhere, much pains is often taken to hoodwink the person whose duty it is to adjust the weights carried by the competing animals.