$400m bet on one race
Four hundred million dollars is a useful amount of money. In the hands of people who know how to distribute money for a good purpose, it could be dispersed in a myriad of ways. They might take up to 20 percent off the top to administer their charities, but that’s a subject for another time. For example, $400m, equivalent to about a 20% of the Australian Government’s public housing budget, could be used to alleviate…