RACES WON BY FAVORITES.

Wairarapa Daily Times, Volume 2, Issue 153, 7 May 1879, Page 3

RACES WON BY FAVORITES.

Backers of th® favorites for the principal races of tho season have had no reason to complain of their luck this year, for thoy have been successful nine times out of twenty-two, and in three other instances tho second favorite lias obtained the victory. _ Kaleidoscope started second tavorite at six to one when ho won tho St but there were three bettor than Shilnal when he won the Grand National Steeplechuso. Sefton was third favorite for tho Cicy and Subur- • i Stakes, but Mida started at very long odds for tho Metropolitan Stakes. Pilgrnnago was first favorite at tho start both for the Two and One Thousand Guineas, m iageant was for the Chester Cup. rlLrn W , evcr ' stoodonl y in the IlflWbf Derby favorites, and Jannette, when she won the Oaks, was not m quite such good demand as Pilgrimage. Glengarry and Yerneuil were less thought of man any of the other competitors for the Prince of Wales' Stakes and the Gold I tup at Ascot, but Yerneuil, after his victory m the latter race, was a great favorite tor the Alexandria Plate, and Glastonbery winner of the Northumberland Plato, and Jormch, the winner of the Goodwood stakes, both started in better demand than any of their opponents, Kinosem stood at longer odds for the Goodwood Gup than either Pageant or Lady Go"ghtly, and when Caerau won tho Ebor handicap for Mr Tartwright, he was only third favorite. Jannette was first favorite for the St. Leger, and though Jester Stood at 20 to 1 when lie won the Czavewitch, first favorites were again successful m the Middle Park Plate, won by Peter, and in the Champion Stakes, secured by JflllGttG. As was the case last year, when Jongleur stood at 33 to 1, the Cambridgeshire was won by a horse against whom very long odds were betted; and although tho three first favorites occupied the three first places in the Liverpool Cup, victory did not remain witli that one of the three which stood at tho shortest odds. If the investment of ten ponnds had beon made upon the favorite for each ' of these races, it would have been lost • thirteen times; but upon nine occasions ■ when it would have been won there would have been a return of £IBO ; so , that the net profit would have been £4O for tho whole season. But it would be rasli indeed to infer that because a single season shows a balance to tho credit of those who put their trust in favorites this mode of operation is a lucrative one, and tho mere fact that "bookmakers" as a rule grow rich and "backers" poor ' should be sufficient to stop the foolhardy < youths who think that taking the odds is ' a royal road to fortune.—' The Dailv News.'