Author: Publisher: Cardoza Publishing ISBN: 158042578X Category : Sports & Recreation Languages : en Pages : 143
Book Description
This powerful book by turf authority Walter Gibson shows experienced and novice handicappers how to profit by using winning strategies to beat the horses. This repackaged edition shows bettors learn how to analyze their real winning chances when playing favorites, middles odds and longshots, and the proper formula they need to win by betting each group. Twenty-five winning strategies are presented in seven concise chapters teaching horse goers how to find the best bets in a race, the middle odds and overlays; the weight factor; playing longshots; progressive betting systems; and the daily double, giving readers comprehensive coverage of picking winning horses. A classic with plenty of no-nonsense information.
Author: Walter Gibson Publisher: Gambler's Book Club Press ISBN: 9781580422857 Category : Games & Activities Languages : en Pages : 0
Book Description
A powerful classic that shows experienced and novice handicappers how to analyze their real winning chances when playing favorites, middles odds and longshots, and in 25 winning systems, the proper formula they need to win by betting each group. A powerful classic that shows experienced and novice handicappers how to analyze their real winning chances when playing favorites, middles odds, and longshots—and in twenty-five winning systems, the proper formula they need to win by betting each group.
Author: C. X. Wong Publisher: Outskirts Press ISBN: 9781432768522 Category : Mathematics Languages : en Pages : 282
Book Description
"Precision ... Statistical and Mathematical Methods in Horse Racing" thoroughly discusses the mathematical and statistical methods in handicapping and betting techniques. Differentiations, combinatorics, normal distribution, kernel smoothing and other mathematical and statistical tools are introduced. The jargons and equations are kept to a minimum so that it is easy to understand for most readers. More than 20 professional programs are freely available to download, which can allow readers to easily apply the methodology introduced in the book. This book can be divided into three main parts: horse handicapping (Chapters 2-6), wagering (Chapters 7-9) and theories in practices (Chapters 10-11). Chapter 1 will explain why long term gains are possible in horse racing. About horse handicapping, we will start with analysing racing forms in Chapter 2. Other handicapping factors such as weight carried, jockeys, trainers and pedigrees will be discussed in Chapter 3. Some advanced statistical methods, such as chi-square test and kernel smoothing, will be introduced in Chapter 4 to further analyse those handicapping factors discussed in previous chapters. The following two chapters are about probability estimations. In Chapter 5, normal distribution and multinominal logistic regression are introduced in estimating winning probability of each race horse. In Chapter 6, we will talk about some methods in misconceptions in estimating placed probability. Two main concepts in wagering, Kelly criterion and hedging, will be discussed in Chapters 7 and 8. To hit exotic pools, those theories in combinatorics in Chapter 9 will definitely help the readers. The author will share his experiences in betting syndicate in Chapter 10, and tell you how to be a successful professional horseplayer in the last Chapter. Some readers may find the mathematics in this book difficult, but the free program will take your pain away and do all the calculations. You can simply apply all the professional formulae by no more than a click, and pick your horses like an expert analyst. As an awardee in Asian-Pacific Mathematics Olympiad, the author abandoned his career as an actuary and became a key member in a gambling syndicate. This book was reprinted in the 4th edition in Hong Kong, ranked #2 in the best-selling chart in the international Chinese weekly Yazhou Zhoukan, and now available worldwide.
Author: William Poundstone Publisher: Hill and Wang ISBN: 0374707081 Category : Business & Economics Languages : en Pages : 399
Book Description
In 1956, two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein's. The other was John L. Kelly Jr., a Texas-born, gun-toting physicist. Together they applied the science of information theory—the basis of computers and the Internet—to the problem of making as much money as possible, as fast as possible. Shannon and MIT mathematician Edward O. Thorp took the "Kelly formula" to Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider's edge. Shannon believed it was possible for a smart investor to beat the market—and William Poundstone's Fortune's Formula will convince you that he was right.
Author: Bill Benter Publisher: Diana ISBN: 9789841259938 Category : Games & Activities Languages : en Pages : 56
Book Description
The Gambler Who Cracked the Horse-Racing Code Bill Benter did the impossible: He wrote an algorithm that couldn't lose at the track. Close to a billion dollars later, he tells his system. This book examines the elements necessary for a practical and successful computerized horse race handicapping and wagering system. Data requirements, handicapping model development, wagering strategy, and feasibility are addressed. A logit-based technique and a corresponding heuristic measure of improvement are described for combining a fundamental handicapping model with the public's implied probability estimates. The author reports significant positive results in five years of actual implementation of such a system. This result can be interpreted as evidence of inefficiency in pari-mutuel racetrack wagering. This paper aims to emphasize those aspects of computer handicapping which the author has found most important in practical application of such a system. Also included the Bill Benter "What Are My Odds?" Presentation at ICCM in 2004.
Author: Donald B. Hausch Publisher: World Scientific ISBN: 9812819193 Category : Games & Activities Languages : en Pages : 679
Book Description
A reprint of one of the classic volumes on racetrack efficiency, this book is the only one in its field that deals with the racetrack betting market in-depth, containing all the important historical papers on racetrack efficiency. As evidenced by the collection of articles, the understanding of racetrack betting is clearly drawn from, and has correspondingly returned something to, all the fields of psychology, economics, finance, statistics, mathematics and management science.
Author: Andrew Beyer Publisher: Houghton Mifflin Harcourt ISBN: 9780395701324 Category : Fiction Languages : en Pages : 246
Book Description
A classic guide to handicap strategies in the field of thoroughbred racing Just as football evolved with the introduction of the forward pass and basketball with the development of the jump shot, so too was handicapping forever changed by the use of speed figures--and it all started with Andrew Beyer. With a foreword discussing the changes that have swept horse racing since the book's original publication in 1975, Picking Winners is essential reading both for serious horseplayers and curious amateurs.
Author: 
Author: Walter Gibson
Author: C. X. Wong
Author: Carl A. Nafzger
Author: Joseph Alvie Estes
Author: William Poundstone
Author: Bill Benter
Author: Donald B. Hausch
Author: Andrew Beyer
Author: David Duncan