The Old West Petticoat Dealer "Madame Mustache"

Eleanore Dumont, known as “Madame Mustache in the frontier gambling saloons, was truly one of the historical phenomenons of that era. As a young petticoat dealer, she became a “super star” dealing twenty-one on the gambler’s gypsy circuit that roamed throughout the West.

There is debate about Dumont’s birthplace; some say that she was a French born immigrant named Simone Jules while others say she was born in New Orleans around 1829. What is known is that a Madame Simone Jules rolled into San Francisco’s Bella Union Saloon and Gambling Hall in the spring of 1850, took over a roulette table, and created a major sensation. Forty-niners, hungry for a mere glimpse of a beautiful woman were staggered by the young Frenchwoman with creamy alabaster skin, shinning black eyes, a flirtatious smile, and long dark tresses that fell to her shoulders. Within a few days men were standing in line to lose their gold dust to the demure mademoiselle that on very close inspection showed a thin line of downy hair on her upper lip.

The Bella union was packed night and day with players eager to see or play against the marvelous Madame Jules. Not to be outdone the other gambling halls quickly imported French women to preside over their roulette wheels. Over the next few years, women croupiers or dealers became the headliners for most of the gambling operations throughout Portsmouth Square. Then as suddenly as she had appeared Madame Jules disappeared from the scene and her name was not mentioned again in any records or newspaper reports.

Several years later in 1854, a stagecoach rolled onto the dusty streets of Nevada City, California, and a well-rounded young woman emerged. Dressed in fine Parisian clothes and expensive jewels, the whole city was set on its ear by the mysterious raven-haired French woman that descended from the coach. She was small and dainty, with doe-like eyes, a mane of curly dark hair, and just a slight hint of diaphanous down on her upper lip. She said her name was Madame Eleanore Dumont and offered nothing about her past – an inscrutable woman of mystery.

Satisfied with her transformation to Madame Dumont the gambling vixen rented a place in the center of town and hung up a sign naming her establishment, the “Vingt-Et-Un” (French for “twenty-one”). Citizens all over town received invitations to visit Broad Street and enjoy a game with Madame Dumont. Though there were over a dozen gambling halls in Nevada City, the Vingt-Et-Un was the undisputed queen of the sporting crowd. Twenty-one was Dumont’s game of choice and she was a master at the game, sweetly expressing regret as she raked in her winnings. When she closed up her table, she would order bottles of champagne to treat the losers, leading most miners to say that they “would rather lose to the Madame than win from somebody else.”

Miners and townsfolk flocked to the establishment, drawn both by the attraction of winning money and the charisma and wit of the French hostess. Decorum was strictly enforced, customers could not engage in brawling or using vulgar language; strangely enough, the rough crowd of miners found it impossible to resist the polite requests of the tantalizing owner. In a very short time, she moved her operation to larger quarters where she added faro, chuck-a-luck, roulette tables, and a staff of dealers. She called her new gambling hall the Dumont Palace and hired a Nevada City gambler named Dave Tobin to be her manager-partner.

Then over the next two years, the money rolled in on a daily basis, so much so that Tobin, who had moved in with Dumont at the National Hotel, wanted to take control of the operation. When he tried to make his move Dumont flew into a rage – just because they shared a bed did not make him the boss of the outfit. She gave him an ultimatum; if he did not like the arrangement then “get the hell out.” He certainly did not like the setup so after a final settlement he slipped out of Nevada City and headed back east.

When the gold in Nevada City eventually ran dry, Eleanore sold her operation and began a tour of the other mining camps of northern California. She opened her game in the Yuba River settlements of Bullard’s Bar, Downieville, and Sierra City; then moved on to mining camps on the Feather River and later the Klamath. In 1857 she dealt twenty-one in George Foster’s City Hotel in Columbia for more than a year before she moved on to Virginia City where she managed a swanky joint that boasted furnishings valued at over $30,000. It was during these series of California mining camps that she added the “extras” to her table operations – a visit to her boudoir requiring a “room charge.”

Dumont left for the gold strikes in Idaho and Montana in the early 1860s and by the end of her tour, she was approaching her thirtieth birthday. The passing years had not been kind to her; the long nights of cards and debauchery began to take its toll, and her once-legendary appearance slowly started to fade. Looking jaded and spent, she lost her hour-glass figure and what was years before only a faint hint of fuzz on her upper lip, had begun to darken – earning her the sobriquet-Madame Mustache.

At Bannack, she teamed up with man by the name of McHarney in a two-story gambling saloon that featured upstairs cribs for quick trysts with the young dancehall girls that worked the saloon below. They had the operation up and going for only a short time before her partner was shot to pieces in a gun battle with another gambler named MacFarlane. What to do? Never missing a beat Dumont had the bloody corpse dragged away, fresh sawdust scattered on the floor, and the saloon swung back into action as if nothing had ever happened. Then she hustled down to the jail to post a one thousand dollar bail for MacFarlane, who in less than an hour after the killing agreed to be her new partner. Yes sir, the Frenchwoman never missed an enterprising opportunity.

Coming out of Bannack, Dumont headed to Fort Benton, a hustling-bustling supply point for the Montana goldfields. Here she duplicated her previous operation that featured booze, beauties, and betting. However, the luster was gone from her earlier emporiums where elegance and decorum was paramount. She was reduced to operating in a low-rent dive. Steamboat captain, Louis Rosche described Dumont’s gambling saloon:

“The inside of the gambling house was worse looking even than the outside. The bar and the gaming rooms were housed in one big downstairs room. A rickety set of stairs led up to a second-floor balcony where I saw doors leading to about a dozen smaller rooms. The place was foggy with smoke and smelled of sweating, unwashed bodies and cheap whiskey. The floor was filthy… Faintly from one of the upstairs rooms I could hear the gibberish of a drunken man and the high, shrill laughter of a woman who was quite sober.”

Dumont bounced from one location to another until she decided it was time to retire from the gambling life so she bought a cattle ranch in California and for a short time tried to make a go of it in honest work. Quickly realizing she had no idea how to run a ranch she hooked up with a smooth-talking man named Jack McKnight who claimed to be a savvy cattle buyer. Handsome and well-dressed, McKnight promised her he could take care of everything and they tied the knot. With the ink barely dry on their marriage certificate McKnight did just that – he took everything she had and absconded.

Forced to return to the only thing she knew how to do Dumont hit the mining camps and eventually landed in Deadwood in the fall of 1876. She dealt twenty-one in various saloons and was observed by John F. Finerty, a journalist for the Chicago Times. In an article, he wrote: “She had a once-handsome face, which crime had hardened into an expression of cruelty. Her eyes glittered like that of a rattlesnake and she raked in the gold dust or chips with hands whose long white fingers, sharp at the ends, reminded me of a harp’s talons.”

Reduced to barely eking by as a dealer in low-class gambling dens, Dumont finally drifted into Bodie, California, in 1879. By this point, she was usually drinking heavily and finding it much harder to compete against professional sharps that sat at her twenty-one table. On the night of September 7, at the Magnolia saloon, she borrowed $300 to bank her table against two blacklegs. Try as she might she just did not have it in her; she was 49, penniless, befuddled by a whiskey soaked brain, and finally as she turned the last card she was completely out of luck. Gathering all the dignity she could muster she pushed her chair away from the table and stood up, “Gentlemen, the game is yours.”

The next morning they found her dead lying beside an empty bottle of morphine. Among the personal items found on her body was a letter that she had written. Along with directions for the disposition of her effects, the letter stated, “she was tired of life.” The Sacramento Union summed up her entire life with these few lines: “Bodie: September 8. A woman named Eleanore Dumont was found dead today about one mile out of town, having committed suicide. She was well-known throughout the mining camps.”

Football Betting – 3 Bets To Avoid This Coming Football Season

The new European football season is fast approaching and that spells big profits for those of us who make our living, betting on football. I don’t even class what I do as betting on football or gambling it is a trading process, that locks in a profit whatever the outcome of the football match.

Here are some football bets that must be avoided if you are to take your football betting seriously and make some money from this billion pound industry.

  • Accumulators – These football bets must be avoided at all costs. Why risk all your hard work getting three results right only to lose it all on a fourth result that goes wrong. These bets are where the bookmakers make a fortune and whether it is horse racing, football or multiple soccer events they should be avoided at all costs.
  • Scorecast bets – These bets are a complete waste of time. Long term you cannot win these bets. These bets require that you predict the correct score and the first or last goalscorer. If you win this bet it is pot luck. Bookmakers make a lot of money on football bets where people just make these throwaway bets, and then repeat them every week. Be more disciplined and you have a greater chance of success.
  • Red cards, yellow cards, number of corners etc. Again these special bets along with time of first goalscorer etc are bets you really should not be making. If you are gambling, gamble to win, not just for recreation. Take each transaction seriously and there is money to be made.

Football betting is one of the easier ways to make money gambling. To find out more and take your own betting experience to a whole new level, visit the website in my resource box below.

Getting an Edge in Sports Betting: Contrarian Sports Investing

Many people enjoy sports, and sports fans often enjoy placing wagers on the outcomes of sporting events. Most casual sports bettors lose money over time, creating a bad name for the sports betting industry. But what if we could “even the playing field?”

If we transform sports betting into a more business-like and professional endeavor, there is a higher likelihood that we can make the case for sports betting as an investment.

The Sports Marketplace as an Asset Class

How can we make the jump from gambling to investing? Working with a team of analysts, economists, and Wall Street professionals – we often toss the phrase “sports investing” around. But what makes something an “asset class?”

An asset class is often described as an investment with a marketplace – that has an inherent return. The sports betting world clearly has a marketplace – but what about a source of returns?

For instance, investors earn interest on bonds in exchange for lending money. Stockholders earn long-term returns by owning a portion of a company. Some economists say that “sports investors” have a built-in inherent return in the form of “risk transfer.” That is, sports investors can earn returns by helping provide liquidity and transferring risk amongst other sports marketplace participants (such as the betting public and sportsbooks).

Sports Investing Indicators

We can take this investing analogy a step further by studying the sports betting “marketplace.” Just like more traditional assets such as stocks and bonds are based on price, dividend yield, and interest rates – the sports marketplace “price” is based on point spreads or money line odds. These lines and odds change over time, just like stock prices rise and fall.

To further our goal of making sports gambling a more business-like endeavor, and to study the sports marketplace further, we collect several additional indicators. In particular, we collect public “betting percentages” to study “money flows” and sports marketplace activity. In addition, just as the financial headlines shout, “Stocks rally on heavy volume,” we also track the volume of betting activity in the sports gambling market.

Sports Marketplace Participants

Earlier, we discussed “risk transfer” and the sports marketplace participants. In the sports betting world, the sportsbooks serve a similar purpose as the investing world’s brokers and market-makers. They also sometimes act in manner similar to institutional investors.

In the investing world, the general public is known as the “small investor.” Similarly, the general public often makes small bets in the sports marketplace. The small bettor often bets with their heart, roots for their favorite teams, and has certain tendencies that can be exploited by other market participants.

“Sports investors” are participants who take on a similar role as a market-maker or institutional investor. Sports investors use a business-like approach to profit from sports betting. In effect, they take on a risk transfer role and are able to capture the inherent returns of the sports betting industry.

Contrarian Methods

How can we capture the inherent returns of the sports market? One method is to use a contrarian approach and bet against the public to capture value. This is one reason why we collect and study “betting percentages” from several major online sports books. Studying this data allows us to feel the pulse of the market action – and carve out the performance of the “general public.”

This, combined with point spread movement, and the “volume” of betting activity can give us an idea of what various participants are doing. Our research shows that the public, or “small bettors” – typically underperform in the sports betting industry. This, in turn, allows us to systematically capture value by using sports investing methods. Our goal is to apply a systematic and academic approach to the sports betting industry.

The VLT – It May Look Like a Slot, But It's Not

So what's the difference between a traditional class III slot machine , video poker machine and a class II V ideo L ottery T erminal ? Read on:

Traditional Class III Slot Machines

All results on these gambling games are controlled by a small computer chip called a random number generator (RNG) inside each machine. This device allows the unit to continuously roam through random number combinations at the rate of thousands per second. These combinations are mapped to a specific outcome. It will not stop to select a display until the spin button is pressed or the handle is pulled. Each spin is independent of the next one. They have no effect on one another.

The RNG is installed at the factory to the payback specifications requested by the casino. A chip in each individual machine allows for jurisdictions to order different payback percentages in the same family of machines. (The payback percentage is the total amount of money returned to players over time.) They usually vary between 85% and 98%. Penny machines usually return the lower% amounts while the dollar and up machines return the highest. Contrary to what most players think, a casino CANNOT alter the payback percentages on a machine. This can only be done by factory personnel.

Class II Video Lottery Terminals

Have you ever thought about scratching off about 600 instant lottery tickets in about an hour? Play a VLT at one of the New York State racetracks and you'll be doing just that. In contrast to the aforementioned, a VLT plays a virtual lottery game that is linked to a central computer operated by the NYS Lottery in Schenectady, NY. They determine the outcome of each wager using an RNG, but with a pre-determined number of winners. The VLT operators can program the number of payouts in advance. Once you start play, the machine receives a virtual scratch off ticket. When the video reels stop spinning he results will be consistent with whatever is on the ticket. The payback percentages are controlled by the scratch off games. In NY the law requires a minimum 92% return.

Other VLT games that operate in Native American jurisdictions are virtual bingo games that are linked together, forcing players to compete against each other for the prize payout (s).

Video Poker VLT's

There's a big difference between the class III and class II games when it comes to video poker. A traditional class III machine deals 5 cards from a virtual 52 card deck. After you discard, your final hand is determined randomly from the remaining 47 cards. Your knowledge and skill are a big factor when trying to win.

In a class II VLT, your final hand will be whatever the virtual scratch off ticket dictates. Even if you make a mistake and discard winning cards, a virtual "genie" will appear on your screen and change your hand to the pre-determined winning result. No skill is needed to win. It's not a 52 card deck. It's nothing more than a slot machine.

I'm not trying to discourage anyone from playing VLT's. You can win as well as lose. A 92% payback is a 92% payback. Whatever games you decide to play, you'll always need a visit from Lady Luck!

Horse Racing Master Class – How to Profit From a Lucky 15 Bet

How The Lucky 15 Bet Works

A Lucky 15 consists of 15 bets involving 4 selections in different events. It is the same as a Yankee bet except you have a single win on each horse. The bet is made up of 4 singles, 6 doubles, 4 trebles, and 1 fourfold.

If one selection wins, bookmakers will often give a consolation to the returns like double the odds. Some of the smaller independent bookmakers will sometimes offer treble the odds. If all four selections win, then often bookmakers will give a bonus of 10% or more to total returns.

For each-way lucky 15 bets the consolation is normally only paid on the win part of the bet. Because of these bonuses, Lucky 15 bets are often thought of good value multiple bets

How To Pick Your Selections For A Lucky 15 Bet

When picking your selections for a Lucky 15 bet you are mainly looking for winners to double and treble up. Most horses that win races are from the first three in the betting forecast prices and 80% of horses win at odds of less than 5/1. One or two larger priced horses are OK if you are betting each way. Try to pick from the days races with less than 12 runners with a top jockey on board. If you are not sure about picking your own selections use your favorite newspaper tipster or join a professional horse racing tipping service. Also look out for trainers hitting form

Until next time be lucky