Lay the Favorite: A Memoir of Gambling Review

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(More customer reviews)-450 Gamblers
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I enjoy books on players of all sorts---criminals, athletes, entrepreneurs, traders, gamblers and noir types in general. They detail the underbelly of our society (often posing as the glamorous top layer) without the reader having to lose all his money, go to jail, or get his legs broken by Angelo. What distinguishes Lay The Favorite is that it's a true story of someone who observes and then slowly becomes corrupted by that world...and doesn't even realize it.
The book ends {mild spoiler here, but not really} with Beth jetting off to Rio on money she's stolen from a "sicko" bettor who had just tried to steal money from her. Her quick moral bookkeeping, apparently done in separate ledgers, seems to escape her irony filter entirely, and in the end she is absorbed seamlessly by the seaminess. It's the perfect ending, for all the wrong reasons.
The best things about LTF are the true tales of the professional sports bettors. Raymer recounts their stories well, and if you like interesting characters, here they are. Dinky is the "hero", for beating the odds as a wildly successful bettor for decades (a million to one shot), while Bernard has the much easier job of fleecing the suckers as a bookie. They both consider themselves losers despite millions stashed away in various shoeboxes (for a while), and their stories are full of fascinating, funny moments, including odd tales of barely legal offshore sports books in Curacao and Costa Rica. These guys might be nutty as squirrels in some ways but they're also very bright, and lots of fun to read about. I'm not sure they and their families will be too thrilled about how they all come off here, but apparently they gave their ok for this. Perhaps not the best wager of their careers.
The worst thing about LTR is having to sit through the author's tales of her personal life, which makes the gamblers by contrast seem balanced and so much more interesting. Raymer casually mentions that when she gets tired of a guy she just stops answering his calls and hopes he goes away; in some ways the gamblers come off as nicer folks. After a while, despite her constant mention of how charmed everyone is by her and how winsome she is, one reaches the sections about her inner turmoils and groans in dismay; this advance copy of LTR hit the floor more than once. How long until we hear about the players again?
Because, all told, it's they who make this book worth reading, and the parts about Beth could be lifted from any memoir of a confused, drifting cocktail waitress who treats men like kleenex and then wonders why she can't gain any traction in life. After working as a stripper and doing online porn, she lucks into working for guys who toss bricks of money around like toothpicks but rarely seems to grasp what a longshot she's hit; one wonders exactly which details we don't get here. Oddly enough, the one part of her life that really is fascinating, her quick rise from neophyte pugilist to fighting in an amateur boxing championship in Madison Square Garden, is given short shrift. If she'd spent the time detailing that unique journey that she spends on meandering, banal tales of her love life, this could have been a really fine tome.
Instead, it feels like there are two books here, one very interesting one about the world of professional sports bettors, and one not very interesting one about an immature young woman's coming of age. Which never really happens, unless becoming the kind of dishonest person she's spent the book chastising counts. Time and again she wonders how everyone can rip everyone else off and why no one cares, and then ends the book by doing it herself and toasting the wisdom of her choice with champagne in first class.
All in all, LTF is well worth reading if you like breezy tales of unique, real-life Runyonesque sharps who beat the gambling world until it beats them (the inherent moral here, however backwardly presented). Or if you like reading about a spacy girl's suddenly shifting crushes on whomever. I'm not sure those two markets overlap, but if they do, this book is a new genre unto itself, a weird literary parlay in which the reader often gets middled.
Apparently this was optioned by Stephen Frears for a movie coming out next year called Lay the Favorite, Take The Dog, and that's great news, as the movie has the choice we readers don't have: excise the boring stuff about the author and focus on the crux of the biscuit--the fascinating guys who for a while get the best of a game that's almost unbeatable. Here's hoping Frears takes the over and lays off the road dog.

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