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SUMMARY

THE BETTING RING – IT’S SPOT-ON! (Part 2)

Last month in Practical Punting Monthly (PPM), our Melbourne correspondent Roman Kozlovski brought us the first part of an extensive interview with legendary bookmaker Bill Waterhouse. In this final part, he reveals more of what Bill had to say and also has a chat with Robbie Waterhouse.

In 1949, a keen punter named Ali wanted to determine if there were areas of the final tote dividends (they have an all-tote system in the USA) which were paying more than they should have when compared to the number of winners within each group.

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SUMMARY

Exclusive: Bookie legend Bill Waterhouse on his life and colourful times

SURVIVING THE BETTING WARS (Part 1)

The name Waterhouse has been synonymous with Australian horseracing since 1898 when a 21-year-old named Charles Waterhouse started his bookmaking career and began a bookmaking dynasty which continued when his son Bill Waterhouse first fielded on Epsom Handicap day, 1954.

In 1973, Bill’s son Robbie followed the family tradition and fielded his first day at Newcastle. Amazingly, Robbie’s son Tom has also continued an extraordinary family journey by taking to the bookmaker’s stand for the first time in September, 2003, also at Newcastle, some 30 years after HIS dad.

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Discover The Secrets of Handicapping