|Posted: April 10, 2012, 9:35 pm - IP Logged|
I can tell you about how the Racetrack Mutuel Handle was used:
Usually the last digit of the dollar amount from the Win, Place and Show pools was used to form the winning number. For example;
Win Pool: $23,468.97
Place Pool: $11,362.63
Show Pool: $8,901.76
The winning number would be 821
The feature race of the day (usually the eighth race) was used as the race to determine the winning number.
The last 3 digits of the stock market volume or bond sale for the day were also used in different areas.
To the best of my knowledge, some of the same rundowns we use today (+1+1+1, +1-1+1, -1+1-1 and others) were also used back then.
Google "policy game" or "numbers game" to get more information.
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