AustLit

'When it comes to racing, the name most Australians associate with the racetrack is Waterhouse. This is their compelling story.

HIGH STAKES tracks the story of the Waterhouse dynasty - from the early years of the colony to Bill Waterhouse's introduction to the bookmaking world as a sixteen-year-old, working as a 'penciller' (writing betting tickets) for his father in the late thirties. From that moment his future was clear. He went on to make money both on and off the track - and created headlines during the notorious Fine Cotton affair in the eighties.' (Hachette Australia)