The billion-dollar horse gambler

Discussion in 'Chit Chat' started by dealmaker, Aug 18, 2019.

  1. dealmaker

    dealmaker


    The billion-dollar horse gambler:
    Veteran gamblers know you can’t beat the horses. Play for long enough, and failure is inevitable. Bill Benter took that challenge — and won. He wrote an algorithm that couldn’t lose at the horse track. A billion dollars later, Benter tells his story for the first time.(Bloomberg)

    “Gambling has always been the domain of wise guys from the wrong side of the track.”
     
    Van_der_Voort_4 and themickey like this.
  2. mlawson71

    mlawson71

    I don't suppose the algorithm is public?
     
  3. RedDuke

    RedDuke

    I remember reading it last year. Fascinating story.