Religion: Long Shot

Chicago bookmakers were annoyed last fortnight by the mysteriously accurate racing tips of a "Mr. Sullivan." Last week they were further perturbed when Linden Tree, who had been regarded as a 1 t03 favorite in a two-year-old race at Agua Caliente†, won at the surprisingly long mutuel odds of 9 to i.

The odds at mutuel tracks are mechanically determined by the varying amounts of money which bettors place on the various horses in a race. Bookmakers are bound to pay their clients at mutuel odds, which are theoretically a fair expression of opinion....

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