Computer Based Horse Race Handicapping And Wagering Systems

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Computer-Based Horse Race Handicapping and Wagering Systems

Author : Bill Benter,William Benter
Publisher : Diana
Page : 56 pages
File Size : 45,9 Mb
Release : 2020-02-14
Category : Games & Activities
ISBN : 9841259931

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Computer-Based Horse Race Handicapping and Wagering Systems by Bill Benter,William Benter Pdf

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

Author : Donald B. Hausch,Victor S. Y. Lo,W. T. Ziemba
Publisher : World Scientific
Page : 679 pages
File Size : 49,6 Mb
Release : 2008
Category : Games & Activities
ISBN : 9789812819192

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Efficiency of Racetrack Betting Markets by Donald B. Hausch,Victor S. Y. Lo,W. T. Ziemba Pdf

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.

Winning Without Thinking

Author : Nick Mordin
Publisher : Aesculus Press Ltd
Page : 650 pages
File Size : 52,8 Mb
Release : 2002
Category : Gambling systems
ISBN : 1904328008

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Winning Without Thinking by Nick Mordin Pdf

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

Betting on Horse Racing For Dummies

Author : Richard Eng
Publisher : John Wiley & Sons
Page : 391 pages
File Size : 44,6 Mb
Release : 2022-11-21
Category : Games & Activities
ISBN : 9781119909156

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Betting on Horse Racing For Dummies by Richard Eng Pdf

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.

Picking Winners

Author : Andrew Beyer
Publisher : Houghton Mifflin Harcourt
Page : 246 pages
File Size : 48,7 Mb
Release : 1994
Category : Fiction
ISBN : 0395701325

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Picking Winners by Andrew Beyer Pdf

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.

Beating the Races with a Computer

Author : Steven L. Brecher
Publisher : Unknown
Page : 97 pages
File Size : 42,8 Mb
Release : 1980
Category : Sports & Recreation
ISBN : 0960379207

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Beating the Races with a Computer by Steven L. Brecher Pdf

Information Efficiency in Financial and Betting Markets

Author : Leighton Vaughan Williams
Publisher : Cambridge University Press
Page : 412 pages
File Size : 44,9 Mb
Release : 2005-09-29
Category : Business & Economics
ISBN : 9781139445405

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Information Efficiency in Financial and Betting Markets by Leighton Vaughan Williams Pdf

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.

Finding an Edge

Author : Ron Loftus
Publisher : Unknown
Page : 134 pages
File Size : 42,6 Mb
Release : 2012-04-01
Category : Electronic
ISBN : 0957036205

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Finding an Edge by Ron Loftus Pdf

Handbook of Sports and Lottery Markets

Author : Donald B. Hausch,W.T. Ziemba
Publisher : Elsevier
Page : 561 pages
File Size : 53,7 Mb
Release : 2011-08-11
Category : Business & Economics
ISBN : 9780080559957

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Handbook of Sports and Lottery Markets by Donald B. Hausch,W.T. Ziemba Pdf

Its basic empirical research and investigation of pure theories of investment in the sports and lottery markets make this volume a winner. These markets are simpler to study than traditional financial markets, and their expected values and outcomes are uncomplicated. By means of new overviews of scholarship on the industry side of racetrack and other betting markets to betting exchanges and market efficiencies, contributors consider a variety of sports in countries around the world. The result is not only superior information about market forecasting, but macro- and micro-analyses that are relevant to other markets. Easily studied sports markets reveal features relevant for more complex traditional financial markets Significant coverage of sports from racing to jai alai New studies of betting exchanges and Internet wagering markets

Overlay, Overlay

Author : Bill Heller
Publisher : Taylor Trade Publishing
Page : 254 pages
File Size : 50,9 Mb
Release : 1990
Category : Games & Activities
ISBN : 0933893868

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Overlay, Overlay by Bill Heller Pdf

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.

Racetrack Betting

Author : Peter Asch,Richard E. Quandt
Publisher : Praeger
Page : 0 pages
File Size : 47,5 Mb
Release : 1991-10-30
Category : Sports & Recreation
ISBN : 9780275941031

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Racetrack Betting by Peter Asch,Richard E. Quandt Pdf

A day at the races, with its colorful variety and fast-paced action, appeals to people from all walks of life. Not surprisingly, the idea of going home with a few more dollars than when one arrived is part of horseracing's charm. In this entertaining but substantive volume, two distinguished economists, who happen to be horseracing buffs, outline a tested strategy for placing bets that will increase the reader's chances of a happy outcome at the track. The authors are the first to point out that getting rich at the racetrack is unlikely. They do maintain, however, that with attention to their systematic approach, the racing fan can achieve the best possible chance at winning. In the process, the reader learns some of the most important measurement techniques in the social sciences, as well as the basic methods of market analysis.

Calculated Bets

Author : Steven S. Skiena
Publisher : Cambridge University Press
Page : 252 pages
File Size : 49,7 Mb
Release : 2001-08-06
Category : Computers
ISBN : 0521009626

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Calculated Bets by Steven S. Skiena Pdf

A story of using computer simulations and mathematical modeling techniques to predict the outcome of jai-alai matches and bet on them successfully.

Beat the Racetrack

Author : William T. Ziemba,Donald B. Hausch
Publisher : Echo Point Books & Media
Page : 430 pages
File Size : 52,9 Mb
Release : 2019-02-04
Category : Games & Activities
ISBN : 1635617448

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Beat the Racetrack by William T. Ziemba,Donald B. Hausch Pdf

Discover the irresistible allure of horse racing and the thrill of winning. This invaluable book shares a proven, easy to learn system that you can use to beat the odds and win big at the racetrack. It helps you determine which horse to pick and what size your wager should be based on tote board data, and it reveals strategies for maximizing your winnings. With clear writing and entertaining real-world examples, authors William Ziemba and Donald Hausch explain the fundamentals of track racing and show how patterns of public inefficiency in betting pools can lead to you reaping big payoffs. Rather than focusing on the complicated details of thoroughbred handicapping, the groundbreaking "Dr. Z" system offers mathematical models based on stock-market analysis. After their initial scientific analysis of historical data from past races, the authors verified their betting method by testing it with real bets--and it worked. It teaches you when to bet and what a good bet is, and advises how much to wager based on your betting stake. When properly applied, the method's average profit per dollar wagered is about 10%. Using it, you will be able to minimize risk and increase your winnings. "This book is for people who want to win. The gambling system it presents is one of the few I have ever seen that I think really works. I am convinced enough to bet my own money on it." Edward O. Thorp, from the book's introduction

The Skeptical Handicapper

Author : Barry Meadow
Publisher : Unknown
Page : 128 pages
File Size : 53,5 Mb
Release : 2019-01-15
Category : Electronic
ISBN : 0945322046

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The Skeptical Handicapper by Barry Meadow Pdf

Is betting a horse who was claimed last start a winning strategy?What are the signs that an upcoming favorite looks vulnerable?How about if you combine a class drop with a jockey switch?Should you bet everyone who won last out by 8 lengths or more?You may have an opinion about these handicapping questions. But wouldn't it be nice to see long-term data? What if you could analyze these topics-and dozens more-by seeing how they did in every race in North America from 2014 through 2017-some 168,227 in all?That's what The Skeptical Handicapper: Using Data and Brains to Win at the Racetrack is all about. Is what you believe true? Let's find out.But this book is not just a dry recitation of numbers. Author Barry Meadow-who wrote Money Secrets at the Racetrack, the definitive guide to money management at the races-takes you on a handicapping journey which covers virtually every question you may have about what's profitable and what isn't, and why. He should know-for more than 20 years, he was a full-time thoroughbred player. And he was a steady, big-money winner. Now he reveals for the first time what he's learned-and what can help you win. With the help of thoroughbred analytic specialist Ken Massa of Handicapping Technology and Research, he'll show you exactly how to win now and into the future. With data and facts, not just opinions.If you're serious about winning at the races today, this is the one book you must have. And only Barry Meadow could write it.

Excuses, Excuses!

Author : James A. Vena
Publisher : Outskirts Press
Page : 136 pages
File Size : 40,7 Mb
Release : 2006-09
Category : Sports & Recreation
ISBN : 1598005928

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Excuses, Excuses! by James A. Vena Pdf

An owners inside look at the world of Thoroughbred Racing with an informative and yet comical view of the "Sport of Kings"! Handicappers, casual bettors and horse owners spend lots of time and money trying to correctly analyze the field of a horse race. Currently there are several past performance publications , hundreds of handicapping systems, computer programs, tip sheets, etc, available to those looking for the handicappers "edge". So why is it then, in most cases, that the horse which that has been selected by the betting public as the favorite, loses 3 out of every 4 races? Perhaps that while the general public bases their selections on past performances and trends, they are in fact overlooking the many obstacles a horse faces in the actual race itself. Owning racehorses gave me an inside look at the many reasons a horse may lose a race. Many times the reasons (excuses) are left out of most handicapping equations when selecting the bettor's choice.The reasons (or excuses) I have heard over the years, of why our horses lost certainly must apply to the other horses in the races that lost when our horses actually won. Horse owners will find this book entertaining and informative while handicappers and casual bettors will get an inside look at what owners are told after their horse loses a race. Excuses, Excuses!