Playboy After Hours
September, 1984
Horsing AroundLouis Geanakoplos, a pari-mutuel clerk at Maywood Park race track near Chicago, knew a sure thing when he saw it. So when the pari-mutuel machines failed to lock at the start of a race, he made his move. Fortyfive seconds into the race, Geanakoplos decided to punch out a bet for himself on a 30-to-one shot that was leading the field by three lengths. He punched out another bet. And another. And another.By the time the race was over, the clerk had bet $10,800, the winning horse was...