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Computer-Based Horse Race Handicapping and Wagering Systems

2020-02-14 Games & Activities
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Release : 2020-02-14
Genre : Games & Activities
Kind : eBook
Book Rating : 938/5 ( reviews)

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Book Synopsis Computer-Based Horse Race Handicapping and Wagering Systems by : Bill Benter

Download or read book Computer-Based Horse Race Handicapping and Wagering Systems written by Bill Benter. This book was released on 2020-02-14. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Efficiency of Racetrack Betting Markets

2008 Games & Activities
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Release : 2008
Genre : Games & Activities
Kind : eBook
Book Rating : 193/5 ( reviews)

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Book Synopsis Efficiency of Racetrack Betting Markets by : Donald B. Hausch

Download or read book Efficiency of Racetrack Betting Markets written by Donald B. Hausch. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Thoroughbred Horse Handicapping and Wagering

2012-05-08 Sports & Recreation
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Release : 2012-05-08
Genre : Sports & Recreation
Kind : eBook
Book Rating : 067/5 ( reviews)

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Book Synopsis Thoroughbred Horse Handicapping and Wagering by : A. A.J

Download or read book Thoroughbred Horse Handicapping and Wagering written by A. A.J. This book was released on 2012-05-08. Available in PDF, EPUB and Kindle. Book excerpt: Thoroughbred Horse Handicapping and wagering using the Holy Bible of Horse Racing is a book that contains a primer for folks that do not know much about thoroughbred horse racing. In addition, it provides a methodology for picking horses that will most likely finish second or better in races that are qualified for wagering. It then describes different approaches to wagering. There are what I call another section which I call special conditions that prompt special attention and will provide an avenue for Win/Place/Show bets (across the board), as well as some short stories of the some of the real characters I have met while playing the ponies.

Stochastic Programming: Applications In Finance, Energy, Planning And Logistics

2012-11-28 Business & Economics
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Release : 2012-11-28
Genre : Business & Economics
Kind : eBook
Book Rating : 526/5 ( reviews)

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Book Synopsis Stochastic Programming: Applications In Finance, Energy, Planning And Logistics by : Horand I Gassmann

Download or read book Stochastic Programming: Applications In Finance, Energy, Planning And Logistics written by Horand I Gassmann. This book was released on 2012-11-28. Available in PDF, EPUB and Kindle. Book excerpt: This book shows the breadth and depth of stochastic programming applications. All the papers presented here involve optimization over the scenarios that represent possible future outcomes of the uncertainty problems. The applications, which were presented at the 12th International Conference on Stochastic Programming held in Halifax, Nova Scotia in August 2010, span the rich field of uses of these models. The finance papers discuss such diverse problems as longevity risk management of individual investors, personal financial planning, intertemporal surplus management, asset management with benchmarks, dynamic portfolio management, fixed income immunization and racetrack betting. The production and logistics papers discuss natural gas infrastructure design, farming Atlantic salmon, prevention of nuclear smuggling and sawmill planning. The energy papers involve electricity production planning, hydroelectric reservoir operations and power generation planning for liquid natural gas plants. Finally, two telecommunication papers discuss mobile network design and frequency assignment problems./a

Betting on Horse Racing For Dummies

2010-03-11 Games & Activities
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Release : 2010-03-11
Genre : Games & Activities
Kind : eBook
Book Rating : 466/5 ( reviews)

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Book Synopsis Betting on Horse Racing For Dummies by : Richard Eng

Download or read book Betting on Horse Racing For Dummies written by Richard Eng. This book was released on 2010-03-11. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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