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some two hundred miles away. Circumstances which he had unsuccessfully endeavoured to control made it a question of the overcoat or the old-fashioned silver stop watch. The choice was not a difficult one. "I can get along without the benny," reflected the Kid, "because I'm naturally warm-blooded, but take away my old white kettle and I'm a soldier gone to war without his gun." In the language of the tack rooms, the Bald-faced Kid was a hustler--a free lance of the turf, playing a lone hand against owner and bookmaker, matching his wits against secret combinations and operating upon the wheedled capital of the credulous. He was sometimes called a tout, but this he resented bitterly, explaining the difference between a tout and a hustler. "A tout will have six suckers betting on six different horses in the same race. Five of 'em have to lose. A tout is guessing all the time, but a hustler is likely to know something. One horse a race is my motto--sometimes only one horse a day, but I've got to know something before I lead the sucker into the betting ring.... What is a sucker? Huh! He's a foolish party who bets money for a wise boy because the wise boy never has any money to bet for himself!" Picking winners was the serious business of the Kid's life, hence the early morning hours and the careful scrutiny of the daybreak workouts. Bitter experience had taught the Kid the error of trusting men, but up to a certain point he trusted horses. He depended upon his silver stop watch to divide the thoroughbreds into two classes--those which were short of work and those which were ready. The former he eliminated as unfit; the latter he ceased to trust, for the horse which is ready becomes a betting tool, at the mercy of the bookmaker, the owner, and the strong-armed little jockey. "Which one are they going to bet on to-day?" was the Kid's eternal question. "Which one is going to carry the checks?" Across the track, dim in the gray light, a horse broke swiftly from a canter into the full racing stride. Something clicked in the Kid's palm. "Got you!" he muttered. His eye followed the horse up the back stretch into the gloom of the upper turn where the flying figure was lost in the deep shade of the trees. One shadow detached itself from the others and appeared at the head of the straightaway. The muffled thud of hoofs became audible, rising in swift crescendo as the shadow resolved itself into a gaunt bay horse wit
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