I’m pretty sure the source of the number would be agreed to in advance.
Thanks, Spoons. I’m always learning on this board.
I didn’t notice your post before, but that’s some confirmation that the number would appear in the racing results in the newspaper.
TriPolar, I would be very surprised to get confirmation that the numbers were based on a nonexistent race. The whole point of using betting or stock results is that the guys running the numbers do not have control over the outcome. I find it unlikely that using nonexistent races would remain a secret, and why would anyone bet with a guy who directly controls whether or not you win?
I’m from New York, and I’ve never heard anything like this. I would say the idea is absurd. It would be extremely easy to check whether a race had occurred or not (especially by the 1980s when Off-Track Betting existed.) I also can’t imagine a paper of the size of the Daily News colluding in such a scheme.
The whole idea of pegging the number to a figure that would be published in a newspaper like the take from a racetrack or a stock exchange index was to instill confidence that the number itself had not been manipulated. (It was also an easy way for people to find out if they won or not.) Now, it’s possible that someone might have occasionally been able to tamper with the published number by bribing a printer or someone, but if that were a regular occurrence it would soon become known and people would be less likely to play.
Happened more than once. The same individuals are not known to have done it twice, being busy with icthyological investigations at the bottom of the Hudson.
Illegal games have to compensate their customers for the added risk of the funds being seized by the authorities.
Instead of the authorities raking in the funds directly.
Government operations are always inefficient. Don’t you read the right-wing political threads?
It was most certainly mob run. Those were just the names that it was called.
It confirms that number would appear in the newspaper. I didn’t mean it had to be a phony race result, which I find dubious for the 1980s. Spoons’ description of using a legitmate number published in the paper does make sense though. There would be no reason to rig the number when the odds heavily favor the house, and the house could stop runs on numbers like the current date. However, using the newpaper in to print false information could have happened in times past. The authorities could easily have been turning a blind eye to the activity at some not too distant time in the past. However even then it would just be easier to use some legitimate number that was published. But publishing the number somehow would be an important part of the operation, it gives the impression of an honest business.