Computer-Based Horse Race Handicapping and Wagering Systems

Computer-Based Horse Race Handicapping and Wagering Systems PDF 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.

150 Professional Horserace Handicapping Systems

150 Professional Horserace Handicapping Systems PDF Author: Gambler's Book Club Press
Publisher: Gambler's Book Club Press
ISBN: 9781580422802
Category : Games & Activities
Languages : en
Pages : 0

Book Description
This carefully selected collection of 150 powerful winning handicapping systems is collected from the best and most powerful horse racing systems from around the world, a veritable mother lode of gold for horse bettors. This carefully selected collection of 150 winning handicapping strategies is collected from the best and most powerful horse racing systems from around the world, a veritable motherlode of gold for horse bettors. Horseplayers get a full array of systems on speed, weight, two-year-olds, handicap races, allowances, claimers, and even money management. The book is perfect for bettors of all skill levels and styles.

Betting on Horse Racing For Dummies

Betting on Horse Racing For Dummies PDF Author: Richard Eng
Publisher: John Wiley & Sons
ISBN: 0764578405
Category : Games & Activities
Languages : en
Pages : 384

Book Description
How to enjoy a day at the races-and bet to win! The last two years have seen a record number of Americans tune in for climatic Triple Crown races featuring Smarty Jones and Funny Cide; in 2004, television viewership jumped a whopping 61 percent over the record set in 2003, and the Belmont Stakes race itself drew a record crowd of more than 120,000! This easy-to-understand guide shows first-time visitors to the track how to enjoy the sport of horse racing-and make smart bets. It explains: what goes on at the track what to look for in horses and jockeys how to read a racing form and do simple handicapping how to manage betting funds and make wagers that stand a good chance of paying off. Complete with coverage of off-track and online betting, it's just what anyone needs to play the ponies-and win! Richard Eng (Las Vegas, NV) is a racing writer and handicapper for the Las Vegas Review-Journal, a columnist for the Daily Racing Form, and the host of a horseracing radio program in Las Vegas. He was formerly a part of the ABC Sports team that covered the Triple Crown.

Fortune's Formula

Fortune's Formula PDF 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.

Efficiency of Racetrack Betting Markets

Efficiency of Racetrack Betting Markets PDF 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.

Belair Stud

Belair Stud PDF Author: Kimberly Gatto
Publisher: Arcadia Publishing
ISBN: 1614234736
Category : History
Languages : en
Pages : 140

Book Description
From their opening in 1740 through the 1955 closing, Belair Stud Farm became known as one of the most important stables in American racing. Although the high-profile murder of the farms final owner, Billy Woodward, eventually forced the farm to close, it did produce an extraordinary number of winning horses throughout its expansive history. The farm claims three Kentucky Derbies, three Preakness Stakes, and six Belmont Stakes, winning titles in several prestigious English races. It remains one of two stables to have produced more than one Triple Crown winner, and it is also the only stable to have produced father-son Triple Crown winners. Its list of legendary thoroughbreds includes Gallant Fox, Omaha, Johnstown, Granville, and Nashua. However in addition to the history of champion thoroughbreds, there is a second history devoted to the many interesting people whose own stories are part of the Belair Stud farm, including Samuel and Benjamin Ogle, "Sunny" Jim Fitzsimmons, former slave Andrew Jackson, and even George Washington.

Picking Winners

Picking Winners PDF 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.

Pedigree Handicapping

Pedigree Handicapping PDF Author: Lauren Stich
Publisher:
ISBN: 9780972640138
Category : Horse racing
Languages : en
Pages : 0

Book Description
Pedigree Handicapping reveals how evaluating a horse's bloodline is most commonly used in maiden special weight races. It also points out the many other areas where pedigree handicapping has proven to be a powerful tool.

Encyclopedia of British Horse Racing

Encyclopedia of British Horse Racing PDF Author: Dr Joyce Kay
Publisher: Routledge
ISBN: 113576266X
Category : Sports & Recreation
Languages : en
Pages : 392

Book Description
The Encyclopedia of British Horse Racing offers an innovative approach to one of Britain's oldest sports. While it considers the traditional themes of gambling and breeding, and contains biographies of human personalities and equine stars, it also devotes significant space to neglected areas. Entries include: social, economic and political forces that have influenced racing controversial historical and current issues legal and illegal gambling, and racing finance the British impact on world horseracing history and heritage of horseracing links between horse racing and the arts, media and technology human and equine biographies venues associated with racing horseracing websites The Encyclopedia of British Horse Racing provides a unique source of information and will be of great interest to sports historians as well as all those whose work or leisure brings them into the world of racing.
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