Basil Posted May 7, 2018 Posted May 7, 2018 It would certainly explain why the TAB is reluctant to engage with him!? 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 story for the first time. https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code 4 Quote
Brodie Posted May 7, 2018 Posted May 7, 2018 Basil, very interesting story! Benter isn’t Brodie and doubt anyone would be able to be that successful with Australasian Gallops. Certainly wouldnt with harness as you would get chopped till it wasn’t worth investing just like they do in Britain! Quote
Happy Sunrise Posted May 7, 2018 Posted May 7, 2018 Great read. That is inspiring stuff. Should be made into a movie. The Hong Kong gamblers, not Brodie....? Quote
Happy Sunrise Posted May 7, 2018 Posted May 7, 2018 The following year the Hong Kong Jockey Club phoned Benter at an office he’d established in Happy Valley. He winced, remembering the meaty hand of the Las Vegas pit boss on his shoulder. But instead of threatening him, a Jockey Club salesperson said, “You are one of our best customers. What can we do to help you?” The club wasn’t a casino trying to root out gamblers who regularly beat the house; its incentive was to maximize betting activity so more revenue was available for Hong Kong charities and the government. Now that is a good attitude. 2 Quote
Chief Stipe Posted May 7, 2018 Posted May 7, 2018 6 minutes ago, Happy Sunrise said: The following year the Hong Kong Jockey Club phoned Benter at an office he’d established in Happy Valley. He winced, remembering the meaty hand of the Las Vegas pit boss on his shoulder. But instead of threatening him, a Jockey Club salesperson said, “You are one of our best customers. What can we do to help you?” The club wasn’t a casino trying to root out gamblers who regularly beat the house; its incentive was to maximize betting activity so more revenue was available for Hong Kong charities and the government. Now that is a good attitude. Yes but they closed him off for a while so he had to resort to getting form fillers rather than using a direct computer connection. Hong Kong relented some years afterwards and made the computer feed connection open to all. When it was open to all Benter's profits dropped but his algorithm still worked better than the others. Quote
Happy Sunrise Posted May 7, 2018 Posted May 7, 2018 2 minutes ago, Chief Stipe said: Yes but they closed him off for a while They were in the middle of an epic winning season, up more than $50 million. Only after he won an enormous amount of money! Not $400 dollars off race 2 at Winton lol 2 Quote
Newmarket Posted May 8, 2018 Posted May 8, 2018 A good read alright. I can just see them lugging around computers that were the size of a small fridge! Quote
Happy Sunrise Posted May 8, 2018 Posted May 8, 2018 48 minutes ago, Newmarket said: I can just see them lugging around computers that were the size of a small fridge Them: computer, drugs, bed, women and millions of dollars... Me: Ashburton, wind, rain, 2ew ticket, frozen hand.....and my horse breaks at the start... 2 2 Quote
Ashoka Posted May 8, 2018 Posted May 8, 2018 Happy Sunrise... Your name is clearly a misnomer. Please report yourself to the Commerce Commission. That is all. Ashoka 2 1 Quote
hunterthepunter Posted May 8, 2018 Posted May 8, 2018 happy sunrise ashoka that was the name of a very smart horse I remember was purchased for 300 dollars at the ashburton horse sale and sired by steven stock Quote
Happy Sunrise Posted May 8, 2018 Posted May 8, 2018 14 minutes ago, hunterthepunter said: happy sunrise ashoka that was the name of a very smart horse I remember was purchased for 300 dollars at the ashburton horse sale and sired by steven stock Ashoka is a very learned man so he will know the story of Happy Sunrise. Those punters could have bought 166 000 Happy Sunrises' with their winnings from that single season. I am suitably impressed. 2 Quote
Richie Posted May 9, 2018 Posted May 9, 2018 What a horse Happy Sunrise was.I was at that sale and was one of a few bargain buys.New somebody that was bidding on it. Although mainly unfashionable bred horses there were a few that performed ok from that sale A mate bought one for few hundred that won 4 races. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.