User:Danielhonig

Successful horse owner. Honig was a St. Louis horse trader who paid $5.00 for a horse sight unseen from a shabby old man who was down on his luck. Honig named the horse "All-Black" and entered him in a race where he was listed at 100-to-1 odds. Mr. Honig and his son each bet a few dollars and were pleasantly surprised when the horse won by twenty lengths. After that win, Honig shipped All-Black to the famed Guttenberg Course where he was listed at 500-to-1 odds against his winning. So not to attract attention, Honig and his son quietly went to work placing bets in small amounts here and there. They ended up with a little more than $100 total bets and when All-Black jumped into the lead and won easily, the Honigs picked up a bankroll of $50,000.

All-Black went on to spreadeagle his fields eighteen times. Honig bought more horses and won more races. Finally, the Guttenberg officials, fearing that Honig would ruin them financially with his winning horses, ruled him off the track. With the bankroll he has acquired, Honig started his own track at Gloucester and it was a great success, but after two years, he retired from the turf. His original investment of $5 in All-Black, a horse that nobody wanted, had been turned into a fortune of one million dollars.

One of the few men who made big money racing horses at the time, Honig invested his winnings in St. Louis realty and owned valuable property throughout the city.