A breakthrough came when Benter hit on the idea of incorporating a data set hiding in plain sight: the Jockey Club’s publicly available betting odds. Building his own set of odds from scratch had been profitable, but he found that using the public odds as a starting point and refining them with his proprietary algorithm was dramatically more profitable. He considered the move his single most important innovation, and in the 1990-91 season, he said, he won about $3 million.
This is one of the places gamblers can get crazy. To boost the payoff on a bet, gamblers can string together a series of bets on multiple games, or multiple bets within the same game. This is called a parlay. It is a way to potentially win a lot of money for a small bet. But these bets are frequently losers. They are among the highest earning bets for sports books, because, as is the case with teasers, every one of the bets in a parlay has to win, or else the whole ticket is a loser.

For example, when two teams play a game of soccer, the bookmakers set odds of each team recording a win, loss, or draw. Sometimes large numbers of people can bet on a particular outcome for reasons that are unrelated to the odds—that team might be more popular than expected, for example. In that case, the bookmaker is set for a large payout if that outcome occurs.
In December 2007 he sent a letter to Business Review Weekly, an Australian magazine, asking to be considered for its rich list. “I had planned to delay my hope for inclusion until I could make it into the top 10,” he wrote. “However, as of today, it does not appear I will live long enough.” Woods had been diagnosed with cancer. He came back to Happy Valley for treatment; the Hong Kong Sanatorium & Hospital was within sight of the racetrack. He spent his final days beating his friends at a Chinese card game known as chor dai di and died on Jan. 26, 2008, at 62.

Horse racing was banned in the Republic of China from 1945, and the People's Republic of China maintained the ban after 1949, although allowances were made for ethnic minority peoples for whom horse sports are a cultural tradition. Speed horse racing (速度赛马) was an event in the National Games of China, mainly introduced to cater for minority peoples, such as the Mongols. The race course was initially 5 km, but from 2005 (the 10th National Games) was extended to 12 km. The longer race led to deaths and injuries to participating horses in both 2005 and the 11th National Games in 2009. Also, with the entry into the sport of Han majority provinces such as Hubei, which are better funded and used Western, rather than traditional, breeding and training techniques, meant that the original purpose of the event to foster traditional horse racing for groups like the Mongols was at risk of being usurped. At the 2009 National Games, Hubei won both the gold and silver medals, with Inner Mongolia winning bronze. As a result of these factors, the event was abolished for the 12th National Games in 2013.
Belmont Undercard Stakes Results - There were nine other stakes on the 2018 Belmont undercard, including the Manhattan Handicap (G1), Just a Game Stakes (G1), Metropolitan Handicap (G1), Acorn Stakes (G1), and Ogden Phipps Stakes (G1) won by Spring Quality, A Raving Beauty, Bee Jersey, Monomoy Girl, and Abel Tasman. Get the results, charts, and photos for all nine here.
Across the road from Happy Valley, 27 floors up, two Americans sat in a plush office, ignoring a live feed of the action that played mutely on a TV screen. The only sound was the hum of a dozen computers. Bill Benter and an associate named Paul Coladonato had their eyes fixed on a bank of three monitors, which displayed a matrix of bets their algorithm had made on the race—51,381 in all.

Jump (or jumps) racing in Great Britain and Ireland is known as National Hunt racing (although, confusingly, National Hunt racing also includes flat races taking place at jumps meetings; these are known as National Hunt flat races). Jump racing can be subdivided into steeplechasing and hurdling, according to the type and size of obstacles being jumped. The word "steeplechasing" can also refer collectively to any type of jump race in certain racing jurisdictions, particularly in the United States.
The original King’s Plates were standardized races—all were for six-year-old horses carrying 168 pounds at 4-mile heats, a horse having to win two heats to be adjudged the winner. Beginning in 1751, five-year-olds carrying 140 pounds (63.5 kg) and four-year-olds carrying 126 pounds (57 kg) were admitted to the King’s Plates, and heats were reduced to 2 miles (3.2 km). Other racing for four-year-olds was well established by then, and a race for three-year-olds carrying 112 pounds (51 kg) in one 3-mile (4.8-km) heat was run in 1731. Heat racing for four-year-olds continued in the United States until the 1860s. By that time, heat racing had long since been overshadowed in Europe by dash racing, a “dash” being any race decided by only one heat, regardless of its distance.
We check to ensure that there are no past issues with a company. When there have been, we require a casino tangibly demonstrate they have resolved those issues. Showing a concern for their reputation and their players’ experience is important. Management changes. Ownership also changes. Old issues can be resolved sometimes. You can also check players and casino conflict and possible resolutions at AskGamblers, another website with great insight.
No download or instant play online casino. That’s definitely what you need to start from if you have never played gambling games before. The no download casino, obviously, doesn’t require any downloads and you can play the real money slots right in your browser. Even though some of the casino games providers are already creating the HTML5 slots, in most cases you will still need the Flash plugin installed. To play in no download casinos you will just need to enter the casino website, log in or create account, make a deposit and start playing real money games. It’s fast, it’s easy and it doesn’t consume anything on your hard drive.
There are many things to consider when betting sports. If you are just playing for fun, it is still advantageous to follow the advice listed here, so your money lasts longer and you get more action for your dollar. However, if you are playing professionally, you must take heed of this advice and also do additional work to remain profitable. Topics such as bankroll management and variance come into play for the professional gambler every day. Read more about the Kelly staking plan to answer questions such as “How much should I bet?”

Notable racehorses from New Zealand include Cardigan Bay, Carbine, Nightmarch, Sunline, Desert Gold and Rising Fast.[51][52] Phar Lap and Tulloch were both bred in New Zealand but did not race there. The most famous of these is probably Cardigan Bay. Stanley Dancer drove the New Zealand bred horse, Cardigan Bay to win $1 million in stakes in 1968, the first harness horse to surpass that milestone in American history.[53]
After a couple of years, Benter was playing quietly at the Maxim one day when a meaty hand descended on his shoulder. “Come with me,” said a burly guy in a suit. In the back, Benter was shoved into a chair and told to produce some identification. He refused. The guard walked out, and an even more menacing guy walked in: “Show me your f---ing ID!” Benter got out his wallet.
Developing a mindset that supports winning sports betting is ultimately the key to achieving and sustaining consistent profits. Every behaviour, thought, action and feeling is coming from within, so although the development of knowledge, skills and attitudes is essential, so along with this is the development of a winning mindset..Your mindset is the foundation on which all of your betting behaviours are built up on and is the catalyst for your betting decisions.
Horses also face dangers in racing. 1.5 horses die out of every 1000 starts in the US. The U.S. Jockey Club in New York estimates that about 600 horses died at racetracks in 2006. The Jockey Club in Hong Kong reported a far lower figure of .58 horses per 1000 starts. There is speculation that drugs used in horse racing in the US which are banned elsewhere are responsible for the higher death rate in the US.[83]

Hungary has a long-standing horse racing tradition. The first horse racing in Pest was noted June 6, 1827.[citation needed] Although racing in Hungary is neither as popular nor as prestigious as it is in Western Europe, the country is notable for producing some fine international racehorses. Foremost of these is Kincsem, foaled in 1874 and the most successful Thoroughbred race horse ever, having won 54 races in 54 starts. The country also produced Overdose, a horse who won his first 12 races, including group races in Germany and Italy, and finished fourth in the King's Stand Stakes at Royal Ascot.


As an illustration, let's look at Super Bowl futures. Sports books list each NFL team with corresponding odds to win the Super Bowl. For example, the Ravens may be 5-1, the Redskins 12-1, the Cardinals 100-1, etc. If you place $10 on the Redskins and they go on to win the Super Bowl, you collect $120 plus your $10 back for a total payoff of $130. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl.

Create accounts with a few sportsbooks. In order to place bets, you have to have an account with at least one sportsbook, though it’s ideal to have at least three, because then you can compare offerings and place smarter bets. Some sportsbooks also offer signup bonuses, so be sure to shop around.[2] Most sportsbooks are available online these days, and some of the more popular sites include:
Joining an online casino should be rewarding from the minute you sign up, which is why we check for the best welcome bonuses before reviewing gambling sites for our visitors. The top real money casinos will offer top-level security for all its players. When reviewing casinos we check for the best software and no-download casinos. We also make sure they take the best security measures to ensure the safety of player information.
Kentucky Derby Notes for 4/30 - Combatant made his final timed work at Churchill Downs and during the day all the Derby horses finally arrived at the track. Entries were drawn for the Oaks and the Derby will be drawn on Tuesday. Check out comments and photos for the Derby and Oaks horses, probable starters for the rest of the Derby weekend stakes, and more. Previous: 4/29, 4/28, 4/27, 4/26, 4/25, 4/24, 4/23, 4/22, 4/21
A closed casino no longer accepts new registrants or supports online gambling. Sometimes a closed casino has had its domain seized by a regulator, due to a criminal investigation. Other times, the online casino isn’t profitable or has its player database bought by a competitor. If a criminal investigation causes a casino’s closure, accounts might be frozen or confiscated. Closed sites usually try to pay out their customers and affiliates, but that is not always the case when their assets are seized.
FILE This Nov. 20, 2018 file photo shows a scrolling video board with basketball scores reflected in the ceiling of the new sports book at Resorts Casino in Atlantic City, N.J. The race to legalize sports betting is on now that the U.S. Supreme Court has allowed it in all 50 states, but will it provide enough extra tax revenue to make much of a difference for schools, roads or pension debt? (AP Photo/Wayne Parry)
Veteran gamblers know you can’t beat the horses. There are too many variables and too many possible outcomes. Front-runners break a leg. Jockeys fall. Champion thoroughbreds decide, for no apparent reason, that they’re simply not in the mood. The American sportswriter Roger Kahn once called the sport “animated roulette.” Play for long enough, and failure isn’t just likely but inevitable—so the wisdom goes. “If you bet on horses, you will lose,” says Warwick Bartlett, who runs Global Betting & Gaming Consultants and has spent years studying the industry.
So, at the end of the day, what could you call a “good” record for a sports bettor? Most casual gamblers looking into sports betting see a pro advertising his 1100-900 record and shake their head a little. How could such an abysmal record be something to be proud of? That’s a 55% winning percentage, and it indicates to those in the know that this bettor is actually turning a profit placing bets on sports.
In 2016, Susquehanna International Group LLP, an American quantitative trading company, started an Ireland-based operation called Nellie Analytics Inc., targeting basketball, American football, soccer, and tennis. Phoenix, a proprietary sports-betting company with headquarters in Malta and data-mining operations in the Philippines, won a £9 million ($13 million) investment in 2010 from a unit of RIT Capital Partners Plc, the £3 billion trust chaired by Lord Jacob Rothschild of the global banking dynasty. (RIT sold its stake in 2016 to a private buyer, quadrupling its money.) What isn’t widely known is that Phoenix was founded by former employees of Woods, including his protégé Paul Longmuir.
You will be required to make a deposit online prior to being able to play real money games. The great news here is that there is generally a huge selection of payment options to choose from. Whether you prefer to pay with a credit or debit card, an e-wallet or a prepaid voucher, you will usually be catered for. Deposits are quick, simple and safe and what’s more, you’re pretty much guaranteed to get a bonus on top when you make your first deposit, giving you even more playing time and value for money. To find out more about the types of bonuses up for grabs for new players, check out my dedicated bonus page.
One of the reasons I eschewed betting on horse racing was that, based on the Racing Post’s league table of newspaper tipsters, only two showed a profit. Listeners to Radio 4’s Today programme, meanwhile, might also be familiar with the Racing Tips, breezily announced each morning. But as was conceded last December, had you put £1 on every bet the presenters passed on in 2014, you would have ended up £62 out of pocket.

Betting Trends – Members see the action come in bet by bet. We currently track betting percentage data from 7 online sportsbooks. Monitoring betting trends data is one of the most vital tools used by successful professional handicappers to find value within the sports betting marketplace. You’ll know which teams the public is chasing and which teams the sharps are pounding. When the public loads up on one side, sports books are forced to move the line to attract money on the other team to reduce their risk. Sportsbooks knowingly leave money on the table for you to grab.

Horse racing is a significant part of the New Zealand economy which in 2004 generated 1.3% of the GDP. The indirect impact of expenditures on racing was estimated to have generated more than $1.4 billion in economic activity in 2004 and created 18,300 full-time equivalent jobs. More than 40,000 people were involved in some capacity in the New Zealand racing industry in 2004. In 2004, more than one million people attended race meetings in New Zealand.[49] There are 69 Thoroughbred and 51 harness clubs licensed in New Zealand. Racecourses are situated in 59 locations throughout New Zealand.
I was on Youtube today and someone was comparing the first race of Hidden Scroll to the first race of Justify (both earned 104 BSRs for their first race)......it's still too early to tell but maybe Justify will eventually replace Secretariat as the new Gold Standard for young horses.....how long before a bronze statue of Justify replaces the bronze statue of Secretariat at Belmont Park Race Track?.....the times are a changing that's for sure...
The weekend is a punters paradise and we have tips for the whole weekend. From the lunch time kick off on Saturday all the way through to the late night South American Sunday leagues. We have a full schedule of accumulators which includes win-draw-win, both teams to score and both teams to score and win. Our correct score double tips are unique and you won’t find them any other place on the internet. We also cover other sports on the weekend from NBA, NFL MLB, NHL, Golf and Tennis which you can find on our home page!

Bill Walters used to be a professional poker player before using his skills as a professional sports punter instead. Over nearly four decades, Walters has bet more money than anyone else in history and continued a winning streak that has earned him hundreds of millions of dollars. He’s living proof that sport betting is a game of skill. Like poker, Walters explains that winning sports punters have to analyze information then calculate risk and potential profits. In an interview with CBS News, Walters described his biggest and most audacious bet of all time. The New Orleans Saints were playing the Indianapolis Colts at the Super Bowl in 2010 and the consensus was that New Orleans were the underdogs. Walters analyzed all the information he had and discovered that it actually favored New Orleans as the most likely winners. He looked at the odds, calculated the risk and potential profit then decided to bet big. Walters bet $3.5 million on the supposed underdogs and New Orleans didn’t let him down. They defeated the colts 31–17 to win their first ever Super Bowl.
Our tips are the work of the dedicated members of the bettingexpert community. Our community members are some of the sharpest and most knowledgeable punters you'll find in online betting. You'll never cease to be amazed by their breadth of insight. With experts posting tips on the biggest sporting leagues in the world, you'll likewise discover experts with deep insights into lesser known leagues and tournaments, helping you turn a profit and enhance your betting balance.
There are different football betting tip strategies with combination bets. There is one betting strategy to combine very low betting odds, but to keep the number high, in order to make good profit due to the multiplication of odds. Regarding football combination bets we rather recommend to choose a variation that will occur with high probability. Let's take the example of Borussia Dortmund versus FC Augsburg. The odds for BVB may be 1.50 and so is a pretty safe bet. As second combination bet you best choose a tip with respectable odds, but where the result is also pretty realistic like the match FC Schalke 04 against Hannover 96 for example. You can find such tips here in our betting tips today section. The odds for Schalke may be 1.85 and therefore still likely, but not as safe as the first tip. The combination of These two football betting tips makes odds of 2.78 which is significantly more attractive than a single bet on FC Schalke.
Many tipster sites only offer predictions on the most traditional markets, like Match Winner. But our tipsters post predictions on a much more diverse range of bets on all the sports currently available. As we’ve seen, there can be a great deal more value offered on less common betting markets. Our tipsters aim to provide you with value tips that can increase your profit margins.

Gotham Stakes Day at Aqueduct - Enticed won the featured Gotham Stakes (G3) by 2 3/4 lengths over longshot Old Time Revival and favorite Free Drop Billy. Also on the card, Skyler's Scramjet won the Tom Fool Handicap (G3), Divine Miss Grey won the Heavenly Prize Invitational, and Harlan Punch won the Stymie Stakes. Get the results, charts, and photos here.

You can also “do it yourself” and become a handicapper. However, most, if not all, information that you come up with (widely available information) is already priced into the lines. So, it doesn’t do you much good to look up the weather forecast or the coaches’ records on primetime games or other stats such as rushing yards or goals scored. The bookies, and other smart handicappers, have already pored over all this information and it has been accounted for. But if you are a computer whiz, or good with numbers, you may be able to develop a computer program to crunch tons of numbers in order to come up with an edge. A tip here: the smaller the market, the less attention paid to it, by bookies and other gamblers. So you may have a better shot at finding an edge in a smaller sport or market such as certain props.
Big favorites inexplicably lose. Underdogs with seemingly no shot rise up unexpectedly (the Buffalo Bills were 17-point underdogs against the Minnesota Vikings on Sept. 23, yet won the game 27-6.) Games that appear set for high-scoring shootouts end as low-scoring affairs. A star quarterback or running back gets injured early in a game and never returns.

Let’s start with the games. Without the limitations of space, online casinos can provide way more games than you’d find in a land-based casino. What’s more, a huge number of online casinos allow you to try the games for free, so you can practice and get familiar with the ins and outs of the games before even parting with your own money. You can also forget waiting when playing online. If someone else is playing your slot of choice, you do not have to patiently wait for them to move along for you to have your turn. When playing online, an unlimited number of people can play the same game at the same time.

Create accounts with a few sportsbooks. In order to place bets, you have to have an account with at least one sportsbook, though it’s ideal to have at least three, because then you can compare offerings and place smarter bets. Some sportsbooks also offer signup bonuses, so be sure to shop around.[2] Most sportsbooks are available online these days, and some of the more popular sites include:


2018 Tampa Bay Derby Day - Longshot Quip won the Tampa Bay Derby (G2) by a length over Flameaway and favorite World of Trouble. Also on the card, Andina Del Sur won the Florida Oaks (G3), Fourstar Crook won the Hillsborough Stakes (G2), War Story won the Challenger Stakes, and Gidu won the Columbia Stakes. Get the results, charts, and photos here.
Whoever likes to bet on football, when the match is already underway, is placing so-called live bets. This alternative is particularly popular with experienced bettors. You don't only need a good foundation of expertise, but also a certain feeling for the right moment. We recommend to look for a match, before it kicks off, that is a valuebet. We are not able to present such bets in our tips today yet, but we try to provide live betting tips as well. A value bet is a bet, that is rated too high considering the probability of occurence. The difficulty is to rate the probability oneself. With such odds we recommend to consult all available statistics that you can find for the respective match. You get a valuebet, when the formula gives a number higher than 1.
In 2016, Susquehanna International Group LLP, an American quantitative trading company, started an Ireland-based operation called Nellie Analytics Inc., targeting basketball, American football, soccer, and tennis. Phoenix, a proprietary sports-betting company with headquarters in Malta and data-mining operations in the Philippines, won a £9 million ($13 million) investment in 2010 from a unit of RIT Capital Partners Plc, the £3 billion trust chaired by Lord Jacob Rothschild of the global banking dynasty. (RIT sold its stake in 2016 to a private buyer, quadrupling its money.) What isn’t widely known is that Phoenix was founded by former employees of Woods, including his protégé Paul Longmuir.
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As soon as we have found out who controls the casino and where it is licensed, only then can we begin the online casino review process. We then register an account with the casino as a real cash player casino and then basically test each area of the casino. We ask the questions so that you don’t have to. We look at the games, the banking options, the support and other major topics of interest such as the promotions and rewards programs that are available, plus all other important factors are considered.

Yes, there are a number of tipster services on the internet that claim to be profitable, and yes, many of these services ask unreasonable subscription fees. The reality is however, most of these services are fraudulent. Following these so called tipsters will not only leave you out of pocket after paying for their tips, but will leave you betting balance in tatters.
Safety and security are two of the most important factors we evaluate in our online casino reviews. If you’re choosing a casino to play at, you should note that the casino should hold the appropriate licenses and comply fully with standard gaming regulations. In our quest to find the best online casinos to put in our list, we always make sure that the company places security on its top shelf of priorities. Hence, in order to evaluate this factor our experts go through the time consuming process of testing the site by playing its games to check if whether or not the games are rigged.

One major type of Thoroughbred horse race is the handicap race, in which the weights horses must carry during a race are adjusted in relation to their age (the more immature the horse, the less weight it carries). In this system, a two-year-old, the youngest racer, competes with less weight to carry than a horse that is three years or older. In general, a horse is reckoned as being fully aged at five years and is handicapped accordingly. There are also sex allowances for fillies, so that they carry slightly lower weights than males. Weight penalties or allowances are also provided on the basis of individual horses’ past performance. Such handicaps may be set centrally where racing is so controlled or by individual tracks, the goal being to render all horses as nearly equal as possible by establishing what is called racing form. The handicap race thus represents an outright repudiation of the classic concept that the best horse should win. Instead, handicaps are assigned with the specific objective of giving all the horses in a race an equal chance of winning.
This is perhaps due to the fact that similarly to Malta, the small island nation is known to be a tax haven. The country’s Gambling Supervision Commission makes sure to ensure that casinos which are licensed through them have fair games and are secure. Thus, casinos licensed and regulated by the Isle of Man’s Gambling Supervision Commission are definitely safe to use.
Each of the casinos listed below provides essential information at a glance to assist our visitors by providing a general overview of the most important facts. For those players seeking more details and information on the respective sites we suggest clicking the “Review” link associated with the various brands for a full expert casino ratings and review of the listed site. Unfortunately, if you're a player from one of the following, NJ, PA, NY, or DE, US states you will not be permitted to play at the casinos we feature below.
Sponsored races in which much of the purse money is put up by commercial firms include the King George VI and Queen Elizabeth Stakes and the Durban July. In the United States most of the purse money for the richest events (offering purses in the millions of dollars) is provided by the stakes fees of the owners. Purses were winner-take-all in the early days of racing, but, as the racing of fields of horses came to predominate, a second prize came to be offered. Gradually, third and fourth prizes were added and occasionally fifth. On the average, modern-day purses are allocated about 60 percent to the winner, 20 percent to the second-place finisher, 12 percent to the third, 6 percent to the fourth, and 2 percent to the fifth-place finisher.
Thirty-two years after he first arrived in Hong Kong, Benter is still betting on horses at venues around the world. He can see the odds change in the seconds before a race as all the computer players place their bets at the same time, and he’s amazed he can still win. He continues tinkering with his model. The latest change: How much does moving to a new trainer improve a horse’s performance?
By the time he moved back to Pittsburgh, he’d inspired others in Hong Kong to form syndicates of their own. In response, the Jockey Club began publishing reams of technical data and analysis on its website to level the playing field. With a little effort, anyone could be a systematic gambler—or mimic one. The odds boards at Happy Valley and Sha Tin were color-coded to show big swings in the volume of wagers on a horse, specifically to reveal whom the syndicates were backing.
The other step is to check the UK Gambling Commission’s official website. There you will find a handy tool, where you can enter either the name of the operator or the number of their gambling licence. This will return all details of the operator and their licence, enabling you to confirm if the licence is valid, or if it has been suspended, forfeited, revoked or has expired. Usually, when you click the Gambling Commission logo from the casino website, you will be linked directly to the relevant page on the UKGC website which lists all the relevant details of the operating licence. Once these two steps have been completed, you can play with complete peace of mind that the site is operating legally and that player protection is treated as a high priority.

Riding a season-high six-game winning streak, the Boston Bruins continue to strengthen their playoff position in the Eastern Conference by beating teams from the West. The Bruins have earned points in nine straight games and resume a five-game road trip in Sin City tonight. Sportsbooks opened the Golden Knights as -125 home favorites with a total of 5.5.


Woods knew there were giant horse-betting pools to tap in Asia—and that the biggest of all was run by the Hong Kong Jockey Club. Begun in 1884 as a refuge for upper-crust Brits who wanted a stretch of England’s green and pleasant land in their subtropical colony, the club changed over time into a state gambling monopoly. Its two courses, Happy Valley and Sha Tin, were packed twice a week during a racing season that extended from September to July. Hong Kong’s population was then only about 5.5 million, but it bet more on horses than the entire U.S., reaching about $10 billion annually by the 1990s.
In 2009, animal rights group PETA released undercover video of alleged abuses of former race horses at a slaughterhouse in Kumamoto, Japan. The group stated that "as many as 20,000" horses, including former Thoroughbred race horses, were killed in 2008 in Japan for use as human and pet food[76] (the official figure for 2008 was 15,003 horses).[77] Based on findings of 2009 and fate of 1986 Kentucky Derby Winner Ferdinand, PETA has called ban for exporting race horses to Japan,[76] even though the amount of young horses exported to Japan for racing purposes is insignificant compared to the overall amount[78] and only adult horses exported to Japan are breeding stock.[79]
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