How This Man Profited $1 Billion Betting on Hong Kong Horse Races
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Bill Benter, is a reserved unassuming and media-shy Pittsburg resident who made almost 1 billion dollars by gambling on horse races.
The man was a mathematical genius who was on the cutting edge of both computer science and statistical modeling so it is widely assumed with his business knowledge that he could have made money just about anywhere, in a rare interview when asked about his success in horse racing he said: “I was driven only partly by money, I believe I probably could have made more money in finance, but that didn’t interest me, I didn’t get into professional horse racing because it was hard, but because it was said to be impossible”
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📚 Want to learn more about Bill Benter's system? We recommend reading "Computer-Based Horse Race Handicapping and Wagering Systems", by Bill Benter and William Benter
👉 https://amzn.to/2YfXo5d (as an Amazon Associate, we earn from qualifying purchases)
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#BillBenter #HongKong #Economics
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Sources & Citations -
Kit Chellel "The Gambler Who Cracked the Horse-Racing Code" Bloomberg Business
Snyder, W.W., 1978. Horse racing: Testing the efficient markets model. The Journal of finance, 33(4), pp.1109-1118.
Williams, J. and Li, Y., 2008. A case study using neural networks algorithms: Horse racing predictions in Jamaica. In Proceedings of the International Conference on Artificial Intelligence (ICAI 2008) (pp. 16-22). CSREA Press.
Edelman, D., 2005. A competitive horse-race handicapping algorithm based on analysis of covariance. In The economics of gambling (pp. 122-129). Routledge.
Chou, K.P., 2007. Hong Kong and Macau under one country, two systems. In Interpreting China's Development (pp. 67-71).
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Видео How This Man Profited $1 Billion Betting on Hong Kong Horse Races канала Economics Explained
See new videos early, participate in exclusive Q&As, and more!
➡️ https://www.patreon.com/EconomicsExplained
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Bill Benter, is a reserved unassuming and media-shy Pittsburg resident who made almost 1 billion dollars by gambling on horse races.
The man was a mathematical genius who was on the cutting edge of both computer science and statistical modeling so it is widely assumed with his business knowledge that he could have made money just about anywhere, in a rare interview when asked about his success in horse racing he said: “I was driven only partly by money, I believe I probably could have made more money in finance, but that didn’t interest me, I didn’t get into professional horse racing because it was hard, but because it was said to be impossible”
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📚 Want to learn more about Bill Benter's system? We recommend reading "Computer-Based Horse Race Handicapping and Wagering Systems", by Bill Benter and William Benter
👉 https://amzn.to/2YfXo5d (as an Amazon Associate, we earn from qualifying purchases)
Enjoyed the video? Comment below! 💬
⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee
⭑ Enjoyed? Hit the like button! 👍
Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g
✉️ Business Enquiries → EconomicsExplained@ibg.yt
Follow EE on social media:
Twitter 🐦 → https://twitter.com/EconomicsEx
Facebook → https://www.facebook.com/EconomicsEx
Instagram → https://www.instagram.com/EconomicsEx...
Discord → https://discord.gg/MJGcTH6
#BillBenter #HongKong #Economics
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Sources & Citations -
Kit Chellel "The Gambler Who Cracked the Horse-Racing Code" Bloomberg Business
Snyder, W.W., 1978. Horse racing: Testing the efficient markets model. The Journal of finance, 33(4), pp.1109-1118.
Williams, J. and Li, Y., 2008. A case study using neural networks algorithms: Horse racing predictions in Jamaica. In Proceedings of the International Conference on Artificial Intelligence (ICAI 2008) (pp. 16-22). CSREA Press.
Edelman, D., 2005. A competitive horse-race handicapping algorithm based on analysis of covariance. In The economics of gambling (pp. 122-129). Routledge.
Chou, K.P., 2007. Hong Kong and Macau under one country, two systems. In Interpreting China's Development (pp. 67-71).
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
EE Fan Exclusive Offer:
Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!)
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
Видео How This Man Profited $1 Billion Betting on Hong Kong Horse Races канала Economics Explained
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