Computer-Based Horse Race Handicapping and Wagering Systems PDF Download
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Author: Bill Benter
Publisher: Diana
ISBN: 9789841259938
Category : Games & Activities
Languages : en
Pages : 56
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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: Bill Benter
Publisher: Diana
ISBN: 9789841259938
Category : Games & Activities
Languages : en
Pages : 56
Get Book
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
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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: Richard Eng
Publisher: John Wiley & Sons
ISBN: 1119909155
Category : Games & Activities
Languages : en
Pages : 391
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Book Description
Betting on Horse Racing For Dummies is packed with information that teaches you the ins and outs of the racetrack. You’ll learn how to improve your odds, avoid common betting mistakes, and just plain have fun at the races. This is a spectator’s easy-to-understand guide, so you’ll have no trouble identifying the racing breeds with their strengths and weaknesses, sizing up the jockey, understanding the importance and role of a trainer, placing bets, managing money, and beyond. Can’t make it to the track? No worries! You’ll get the scoop on online betting with off track betting sites and apps. This update covers the latest changes in the betting world and in the racing world, so you’ll know just what you’re wagering. Learn about the different types of horse racing Discover and identify the best racing breeds Know your jockeys and trainers Make smart wagers and manage your funds For beginning betters, Betting on Horse Racing For Dummies is your ticket to well informed wagers and a winning edge. Already know the ropes? You’ll love the market trends and insider tips you’ll find inside.
Author: Andrew Beyer
Publisher: Houghton Mifflin Harcourt
ISBN: 9780395701324
Category : Fiction
Languages : en
Pages : 246
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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: Nick Mordin
Publisher: Aesculus Press Ltd
ISBN: 9781904328001
Category : Gambling systems
Languages : en
Pages : 650
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Book Description
How to take advantage of recurring patterns in the results of horse-race Basic principles that govern racing results and the betting market Mistakes commonly made by the general betting public - and how to exploit them Full details of betting systems used by professional gamblers that have made them millions How to predict and profit from new trends How to use computers to increase your returns from betting
Author: Steven S. Skiena
Publisher: Cambridge University Press
ISBN: 9780521009621
Category : Computers
Languages : en
Pages : 252
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Book Description
A story of using computer simulations and mathematical modeling techniques to predict the outcome of jai-alai matches and bet on them successfully.
Author: Steven L. Brecher
Publisher:
ISBN: 9780960379200
Category : Sports & Recreation
Languages : en
Pages : 97
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Book Description
Author: Ron Loftus
Publisher:
ISBN: 9780957036208
Category :
Languages : en
Pages : 134
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Book Description
Author: Bill Heller
Publisher: Taylor Trade Publishing
ISBN: 9780933893863
Category : Games & Activities
Languages : en
Pages : 254
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Book Description
Heller shows a bottom line mentality: he wants you to be a better handicapper than you now are, regardless of your level of betting sophistication.
Author: Leighton Vaughan Williams
Publisher: Cambridge University Press
ISBN: 1139445405
Category : Business & Economics
Languages : en
Pages : 412
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Book Description
The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Betting markets are selected for study because they incorporate features highly appropriate to a study of information efficiency, in particular the fact that each bet has a well-defined end point at which its value becomes certain. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets. Part I is an extensive survey of the existing literature, while Part II presents a range of readings by leading academics. Insights gained from the book will interest students of financial economics, financial market analysts, mathematicians and statisticians, and all those with a special interest in finance or gambling.
