Pulling it out of the Rabbi's Hat
On a very windy day, a rabbi was walking along when a strong gust of wind blew his hat off his head. The rabbi ran after the hat, but the wind was too strong. It kept blowing his hat farther and farther away.
A non-Jewish young man, seeing what had happened, ran after the hat, caught it and gave it back to the rabbi. The rabbi was so grateful that he gave the young man 20 dollars and blessed him.
The young man was so excited that he decided to go the race track and with the rabbi's blessing, he decided to check the program and place the entire 20 dollars on a horse. After the races he went home and recounted his very exciting day to his father.
"I arrived at the fifth race and looked at the program. I saw this horse named 'Top Hat' was running. The odds on this horse were 100 to 1 but since I received the rabbi's blessing I bet the entire 20 dollars on 'Top Hat' and guess what? He won!"
"In the next race, there was a horse named 'Stetson' at 30 to 1 so I bet the entire amount of my winnings on him, and guess what ... I won again!"
"So did you bring the money home?" asked his father.
"No," said the son, "I lost it all on the last race. There was a horse named 'Chateau' that was a heavy favorite so I bet everything on him, and since 'Chateau' means 'hat' in French I figured he was a sure thing."
"You fool!" said the father. "Hat in French is 'chapeau' not 'chateau!'" Exasperated, his father then asked, "So who won the race?"
"A real long shot," said the son. "Some Japanese horse named 'Yarmulke'!"