Betting is complicated with win bets, place bets, each-way bets and complex bets such as doubles, trebles, Yankees and the like.
To annualise net profit, divide the year-to-date net profit by the number of completed months, and multiply by twelve.
Many of its members, such as Minami Iwao, who advocated a uniquely Japanese "family fascism,” and Wada Hiroo, a disciple of ”agriculturism,” were convinced that only far-reaching reforms could save their country.
[…] Tanee was accosted by certain good fellows, friends and boon companions, who condoled with him on his misfortunes—railed against the queen, and finally dragged him away to an illicit vender of spirits, in whose house the party got gloriously mellow.
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