Racetrack Betting

Author : Donald B. Hausch,Victor S. Y. Lo,W. T. Ziemba
Publisher : World Scientific
Page : 679 pages
File Size : 43,6 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.

Author : David K. Rosenthal
Publisher : Unknown
Page : 172 pages
File Size : 49,6 Mb
Release : 1986
Category : Games & Activities
ISBN : 0897091442

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The Complete Guide to Racetrack Betting by David K. Rosenthal Pdf

Author : Peter Asch,Richard E. Quandt
Publisher : Praeger
Page : 0 pages
File Size : 51,8 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.

Author : Peter Asch,Richard E. Quandt
Publisher : Greenwood
Page : 216 pages
File Size : 50,9 Mb
Release : 1986
Category : Games & Activities
ISBN : UVA:X001109197

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Racetrack Betting by Peter Asch,Richard E. Quandt Pdf

A day at the races, with its colorful variety and fact-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.

Author : David Peel
Publisher : Routledge
Page : 130 pages
File Size : 49,6 Mb
Release : 2013-09-13
Category : Business & Economics
ISBN : 9781317988236

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Economics of Betting Markets by David Peel Pdf

During the last few decades, commercial gambling has increased substantially throughout the Western world. More people than ever before have access to sources of legalised gambling, leading to bumper revenues for the institutions involved. Naturally enough, this has led to an increased interest in the area of the economics of betting. This book addresses the issues raised by the continued growth of the gambling sector. How can we model the behaviour of people who seemingly act irrationally? What are the implications of different tax policies with regard to gambling? Are casinos capable of taking money away from state-run lotteries and the causes they fund? Can bookmakers’ odds be influenced in such a way as to make the gambling market inefficient? The authors in this volume provide insights based on data from many different countries, including England, the USA, Australia, Spain and Cyprus. This volume brings together work which addresses the economic impact of the huge growth of commercial gambling in the Western world, as well as trying to model the cognitive processes which can explain why individuals are prepared to behave in such apparently irrational ways. This book was published as a special issue of Applied Economics. The academic editor of this journal is Mark P. Taylor.

Author : William T Ziemba
Publisher : World Scientific
Page : 489 pages
File Size : 44,8 Mb
Release : 2018-12-21
Category : Business & Economics
ISBN : 9789813278806

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Exotic Betting At The Racetrack by William T Ziemba Pdf

Exotic Betting at the Racetrack is unique as it covers the efficient-inefficient strategy to price and find profitable racetrack bets, along with handicapping that provides actual bets made by the author on essentially all of the major wagers offered at US racetracks. The book starts with efficiency, accuracy of the win odds, arbitrage, and optimal betting strategies. Examples and actual bets are shown for various wagers including win, place and show, exacta, quinella, double, trifecta, superfecta, Pick 3, 4 and 6 and rainbow pick 5 and 6. There are discussions of major races including the Breeders' Cup, Pegasus, Dubai World Cup and the US Triple Crown from 2012-2018. Dosage analysis is also described and used. An additional feature concerns great horses such as the great mares Rachel Alexandra, Zenyatta, Goldikova, Treve, Beholder and Song Bird. There is a discussion of horse ownership and a tour through arguably the world's top trainer Frederico Tesio and his stables and horses in Italy.Related Link(s)

Author : Leighton Vaughan Williams
Publisher : Cambridge University Press
Page : 412 pages
File Size : 48,5 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.

Author : Arne K. Lang
Publisher : Rowman & Littlefield
Page : 307 pages
File Size : 44,6 Mb
Release : 2016-07-14
Category : Games & Activities
ISBN : 9781442265547

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Sports Betting and Bookmaking by Arne K. Lang Pdf

Horse racing in America dates back to the colonial era when street races were a common occurrence. The commercialization of horse racing produced a sport that would briefly surpass all others in popularity, with annual races such as the Kentucky Derby, Preakness, and Belmont Stakes growing to rank among America’s most celebrated sporting events. From the very onset, horse racing and gambling were intertwined. As the popularity of racing and betting grew, so, too, did the controversies and corruption. Yet, despite the best efforts of social reformers, bookmakers stubbornly plied their trade, adapting and evolving as horse racing gave way to team sports as the backbone of their business. In Sports Betting and Bookmaking: An American History, Arne K. Lang provides a sweeping overview of legal and illegal sports and race betting in the United States, from the first thoroughbred meet at Saratoga in 1863 through the modern day. The cultural war between bookmakers and their adversaries is a recurring theme, as bookmakers were often forced into the shadows during times of social reform, only to bloom anew when the time was ripe. While much of bookmaking’s history takes place in New York, other locales such as Chicago, Las Vegas, and Atlantic City—not to mention Cyberspace—are also discussed in this volume. A comprehensive exploration of the evolution of bookmaking—including the legal developments and technological advancements that have taken place over the years—Sports Betting and Bookmaking is a fascinating read. This informative and engaging book will be of interest to anyone wanting to learn more about America’s long history with gambling on horse racing and team sports.

Author : Andrew Beyer
Publisher : Houghton Mifflin Harcourt
Page : 258 pages
File Size : 45,5 Mb
Release : 2007
Category : Fiction
ISBN : 0618871721

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Beyer on Speed by Andrew Beyer Pdf

Written in Beyer's clean, rapid-fire prose, this book explains how to relate speed figures to such factors as pace, track bias, and track conditions. It discusses exotic wagers such as the pick six and reveals optimal uses of the figures based on computer analysis of more than 10,000 races. Blending colorful anecdotes, it presents a revolutionary way to play the horses.

Author : R.A. Jarrow
Publisher : Elsevier
Page : 1204 pages
File Size : 46,5 Mb
Release : 1995-12-15
Category : Business & Economics
ISBN : 044489084X

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Finance by R.A. Jarrow Pdf

Hardbound. The Handbook of Finance is a primary reference work for financial economics and financial modeling students, faculty and practitioners. The expository treatments are suitable for masters and PhD students, with discussions leading from first principles to current research, with reference to important research works in the area. The Handbook is intended to be a synopsis of the current state of various aspects of the theory of financial economics and its application to important financial problems. The coverage consists of thirty-three chapters written by leading experts in the field. The contributions are in two broad categories: capital markets and corporate finance.

Author : Horand Gassmann,W. T. Ziemba
Publisher : World Scientific
Page : 549 pages
File Size : 50,9 Mb
Release : 2013
Category : Business & Economics
ISBN : 9789814407502

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Stochastic Programming by Horand Gassmann,W. T. Ziemba Pdf

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.

Author : Leighton Vaughan-Williams
Publisher : Routledge
Page : 419 pages
File Size : 47,7 Mb
Release : 2005-09-27
Category : Business & Economics
ISBN : 9781134508372

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The Economics of Gambling by Leighton Vaughan-Williams Pdf

Against a background of extraordinary growth in the popularity of betting and gaming across many countries of the world, there has never been a greater need for a study into gambling's most important factor - its economics. This collection of original contributions drawn from such leading experts as David Peel, Stephen Creigh-Tyte, Raymond Sauer and Donald Siegel covers such interesting themes as: *betting on the horses *over-under betting in football games *national lotteries and lottery fatigue *demand for gambling *economic impact of casino gambling This timely and comprehensive book covers all the bases of the economics of gambling and is a valuable and important contribution to the ongoing and growing debates. The Economics of Gambling will be of use to academics and students of applied, industrial and mathematical economics as well as of being vital reading for those involved and interested in the gambling industry.

Author : Richard Eng
Publisher : John Wiley & Sons
Page : 391 pages
File Size : 44,5 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.

Author : David E. Johnson
Publisher : WingSpan Press
Page : 294 pages
File Size : 45,9 Mb
Release : 2006
Category : Horse racing
ISBN : 9781595940780

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Value Betting at the Racetrack by David E. Johnson Pdf

Thanks to Dr. Johnson, Professor of Economics and thoroughbred racing scholar, VALUE BETTING has finally been achieved. Overlays can now be identified and bet with confidence. The Valuline is a breakthrough discovery in thoroughbred handicapping and betting because it eliminates the "Information Gap" between selecting horses and the decision whether to bet them. It identifies those win contenders which are the profitable bets, and those which are the losing bets. . Save money by not betting on Angles . Save money by not betting on Underlays . Make money at the races betting Overlays . Discover the Overlays quickly

Author : Alex Schmandt
Publisher : Unknown
Page : 74 pages
File Size : 42,6 Mb
Release : 1983
Category : Horse racing
ISBN : UGA:32108012856822

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Legalizing Horse-race Betting by Alex Schmandt Pdf