Odds Maker | WYPR

Odds Maker

May 18, 2018

On the afternoon of October 22, 1933 something unusual was going on at the Pimlico Race track. It was a Sunday, not a racing day, and not a horse in sight, yet more than 7,000 fans had filled the stands. The crowd was there to see a ghost race, run by ghost horses. And the very first trial of the TOTALISATOR, later to be known as the Tote Board. The Tote Board modernized the way odds were displayed at the track between races, replacing manual displays with electronic displays, and because of it, the bettor was thought by many to have more of a chance at winning. Asked about that point of view, one of the officials said, ”Absolutely not” and gave a surprising explanation!