The
History of T.Guntrip Ltd.
London's
Oldest Established
Bookmakers
John
McCririck
recalls 100 years in the
life of a family
bookmaking firm
This
article below from The
Sporting Life was written
in 1982 for the company's
centenary.
When
farmer Tom planted the
seed
Farmer Tom
Guntrip with his family,
Jack (left), wife Eva and
stepson Alf Magrath
It
was farmer Tom Guntrip
who first planted the
idea that has now grown
into a betting tradition.
While delivering milk,
meat and vegetables to
shops and public houses
back in the 1880s, he
began accepting small
bets in a wide area
around South-East London.
He
also owned the Park Hotel
in Bellingham near
Catford, and so many
customers wanted to bet
that a number of rooms
were set aside as
offices. Business
flourished, and in 1882
the firm of T.Guntrip was
officially established. A
time when carrier pigeons
were used to convey the
result of the Derby.
Tom's
son, Jack and stepson,
Alf Magrath, then joined
in until Alf left to
fight in the First World
War. Jack was injured on
the farm and was excused
forces duty. When Alf
returned, telphones were
installed and credit
accounts were opened.
Jack
died in 1923, leaving
three young sons, Tom,
John and Geoffrey. A few
years later, Old Tom
Guntrip also died. Alf
continued to expand the
business with a loyal
staff, one of whom, Mrs.
Bowman, is still there.
Young
Tom Guntrip joined Alf in
1935 breaking off between
1939 and 1945 to serve in
the Second World War.
With the war over, Tom
returned to the firm and
business became so big
that they vacated the
hotel and moved to
premises in Bromley Road,
Catford, where they still
are today (1982). John
and Geoff also joined the
team, along with Alf's
daughter Mollie.
The
staff was increased to
120 and up to 60
telephone lines were
installed.
Alf
retired in 1972, leaving
the third generation of
Guntrips to carry on. Now
the fourth generation has
arrived - Tom's son,
Paul, joined in 1973 and
Geoff's son Martin in
1981. Tom retired in 1980
and John retires later
this year.
Guntrips
not grousing after 100
years in the field
Guntrips,
London's oldest
established bookmakers,
have been
"milking"
punters for 100 years!
Wait a minute. Perhaps I
haven't put that quite
right. Are they in fact
"London's oldest
established
bookmakers" and,
anyway, what's this about
"milking" their
clients?
That's
the easy question. Tom
Guntrip, grandfather of
the present triumvirate
of Guntrip brothers who
control the deliberately
old-fashioned, family
firm, was a 21-year old
Brixton Hill dairyman in
the early 1880s.
Doubtless on his daily
round he accomodated
customers in their
betting needs. Being a
sensible farmer-type he
must soon have realised
that this was an easier
way of earning a crust
than humping milk churns
around on his cart.
So
in 1882, the exact date
is unknown, he set
himself up as a
bookmaker, as well. He
stood in Hyde Park,
pinning his prices on
trees. Meanwhile, down on
his farm in the Catford
countryside, pigeons were
trained to home in with
the racing results and
one Derby Day the
wretched bird at Epsom
got stuck in the loft and
for a frantic hour the
vital news was lost amid
flying feathers. Pigeons,
nevertheless, were Tom's
trusted messengers and
when, years later,
telephones became
accepted he was set
against installing them.
When
he did relent, the first
bet laid was a 20-1
winner and he grumbled:
"I always told you
these new-fangled things
were no good!" That
characteristic resistance
to change by the bluff,
champagne-quaffing
dairyman never deserted
him and it has dominated
the business throughout
the century.
In
1910, betting was going
so well that Tom rented
two rooms in the
now-demolished Park Hotel
in Bromley Road, over the
dairy alongside his
leased farm. After the
first war, Tom's son Jack
took over. The local
paper described him as a
"quiet, hard-working
man who was one of the
first people in the area
to own a coveted black
Austin."
Jack
was joined by Tom's
stepson Alf Magrath,
known locally as
A.J.Guntrip, a Camel
Corps veteran of the
Egyptian campaign. When
Jack died aged only 38,
in 1924, "A.J."
was Guntrips, and he
controlled the business
until 1962.
That
was the heyday period of
the street bookmaker.
Guntrips had the
lucrative Smithfield
Market concession with
clockbags, plus postal
bets and a boom in
telephone credit
accounts. In 1960, the
firm's Bromley Road
office - they moved half
a mile from the Park
Hotel in 1943 - employed
120 staff with 60
telphones. They had
approximately 14,000
credit clients and took
1,000 postal bets daily,
besides the occasional
ones pushed under the
door.
Some
25 years earlier they
handled just 50 accounts
a week. Few industries
boomed as much as
bookmaking after World
War Two. They were the
golden days before
betting shops came along.
Guntrips,
with six street bookies
on top of their office
credit business, rivalled
the legendary names of
that era - Copes, Joe
Lee, Duggie "We
never owe" Stuart,
McLauchlans and William
Hill. McLaughlans
probably led the market
because it was only legal
to send cash bets to
Scotland. This proved
unfortunate for me as
housemasters used to
seize those little brown
envelopes with the
tell-tale Glasgow
postmark.
That
was a period when
after-timing was rife,
postmarks were regularly
tampered with but, as
now-retired director Tom
Guntrip, 66, says:
"We couldn't pack up
because all our
competitors accepted
postal bets."
A
BPA director from 1962 to
1972, Tom explained how
Guntrips missed out on
the betting shop
expansion in the early
'60s. He recalled:
"In 1961, when they
were made legal we didn't
think they would catch on
as well as they did.
Neither did William Hill
or most of the other
market leaders. We simply
couldn't believe the old
postal and credit pattern
would be overtaken. The
security side also
worried us. We've never
had managers, and we
hated the street
bookmaker side of the
game which definitely
influenced us against
betting shops."
In
those halcyon days,
bookmakers were outdoing
each other with tempting
terms to punters. How
different it is today! A
quarter of the odds
1-2-3-4 in 12 runner
handicaps wasn't the
Guntrip way of doing
business, though I don't
remember punters winning
fortunes then, either.
Paul, Geoff,
Martin, Tom and John
Guntrip
After
45 years as a director,
Tom retired in 1980 and
the middle brother John,
62, who started at
Bromley Road after the
war, is soon to follow
him into retirement after
"37 years of hard
grind". He recalled:
"I've never had a
Saturday off, except for
holidays and when my
daughter got married.
Even then I tried to get
her to change the day to
mid-week!"
The
third brother,
60-year-old Geoffrey,
lean and bespectacled
like the others, was a
Kent County tennis player
in his sporting days. His
knowledge of the summer
game resulted in Guntrips
becoming the first
bookmaking firm to bet on
Wimbledon in the early
1950s.
That,
as it turned out, was one
of the few innovations by
Guntrips in a hundred
years. Their customers
prefer it that way!
All
customers must pass
scrutiny test
As
many as 50 punters a week
reply to the Guntrips
advertisement in the
Sporting Life - but only
half are accepted as
clients.
Back
20 years ago, Guntrips
listed between 14,000 and
15,000 customers, a
figure which is now down
to around 4,000, but all
closely hand-picked.
References are strictly
studied and high rollers
should stay away. Bets of
four and five figures
will not be encouraged,
though deposit account
clients can start
gambling once their
cheques are cleared.
Punters must stake a
minimum of ?5 with every
phone call. At least ?1
is required for singles
and 30p in doubles.
So
why bet with Guntrips
rather than some other
firm? Tom Guntrip says:
"They can enjoy the
personal confidential
service of a courteous
family business. If there
are any queries, a
Guntrip will look into
it. Many of our customers
like our weekly, hand
written accounts. They
can check off each bet.
Defaulters though are the
bane of credit betting.
That's one liability
betting shops don't have.
Profits are 1.5 to 2 per
cent of turnover and we
could offer much better
terms if we knew all the
money would definitely
come in."
The
new Guntrip waiting to
take over is Tom's son,
Paul. After eight years
of grooming, he fits in
well. "What changes
will you be
introducing?", I
asked. He looked at me
puzzled. "That's not
our way, you know,"
he replied, "The
only changes we will make
are to improve our
service to clients - if
possible."
And
all three senior Guntrips
nodded approvingly.
This ends
the 1982 centenary
article
Since
1982
Since
the above article has
written for the firm's
centenary, the company
has been amalgamated into
Sunderlands of Croydon.
Paul joined Sunderlands
and was running their
international operations
in Malta until 2008. He
is now retired. Geoff's
son, Martin, left the
business, when it was
amalgamated, to further
his career outside of
bookmaking.
Tom
died in January 2000.
Geoff died in December
2009 and John died in May
2017 aged 98.
From
'The Licensed Bookmaker
and Betting Office
Proprieter' - February
1982
GUNTRIPS
CENTURY
SOMETHING
TO CELEBRATE headlined
Guntrips advertisement in
the Sporting Life early
last month ... a Welcome
note at a time when the
racing industry had
little cause for joy.
A
raised glass of bubbly
illustrated not the
traditional New Year
greetings, but that
Guntrips' management and
staff were celebrating
the centenary of the
noted South London firm.
For it was exactly one
hundred years ago that
founder Tom Guntrip
ordered a carriage and
set off for Hyde Park
with a clerk carrying a
ledger and stool.
They
got off at Marble Arch
and walked to a spot
about 200 yards south of
Speakers Corner where
London's off-course
bookmakers assembled and
joined them in offering
odds on the day's events.
Newmarket
was on that day, and
results were sufficiently
favourable for Tom to
decide to make bookmaking
his third occupation.
Proprietor
of a successful
dairy"Fresh
milk from our own farm in
Streatham" he
had a second string to
his bow as mine host of
the flourishing Telegraph
Hotel in Brixton Hill.
Tom
later opened a credit
office in Catford, Where
he was able to offer his
clients an exclusive
race-by-race service by
getting the results
brought to him by pigeons
returning to a loft on
the roof.
When
Tom Guntrip died in 1926
at the age of 71, he left
behind the biggest
betting business south of
the Thames. His son John
carried on, but
unfortunately he passed
away at a comparatively
early age leaving his
three sons Tom, John and
Geoffrey to carry on and
expand the family
business.
They
observed a strict rule.
No matter what the hour,
day or evening, a Guntrip
had to be on the premises
during racing underlining
the personal service
expected of a family
firm.
Like
other great names in
credit and postal
betting, Guntrips steered
clear of betting shops,
preferring to concentrate
during the early years of
legalisation on their
credit, postal and trade
hedging business. They
remain so to this day.
A
pity perhaps, but with so
many larger chains losing
the touch of personal
direction as they expand
into High Street retail
bookmaking, it can be
argued that the emphasis
on individuality
associated with Guntrips'
telephone credit service
is right for the company
and for betting in
particular.
Now
well into their sixties,
the three brothers
Guntrip can be truly
proud of the standing
their firm has in
sporting circles. As I
was privileged to write,
many, many years ago, the
very name Guntrips is
symbolic of courteous
treatment, unquestioned
integrity and fair play.
Tom,
the eldest, has called it
a day, but John and
Geoffrey carry on giving
punters throughout the UK
a racing service to the
impeccable standard set
by their grand-father
back in 1882.
AJS
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Example
of a postal betting scam
from 1910
Click
on this link
to view the Old Bailey
proceedings from
September 1910 when a
postal betting scam was
attempted against
Guntrips and foiled.
(Adobe PDF document).
T.Guntrip
Ltd. Annual Dinner
A
photograph from the
firm's annual dinner
circa. 1946
T.Guntrip
Ltd - Promotional
material
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Race Horse
and Greyhound Playing
card sets
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Diary |
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Newspaper
advertising
(click on
ads to enlarge)
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New
Year 1952 |
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Christmas
1952 |
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