Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
Twice a week, on race days, Benter would sit at the computer and Woods would study the racing form. Early on, the betting program Benter had written spat out bizarre predictions, and Woods, with his yearlong head start studying the Hong Kong tracks, would correct them. They used a telephone account at the Jockey Club to call in their bets and watched the races on TV. When they won, there were satisfied smiles only. They were professionals; cheering and hooting were for rubes.

Benter continued to operate his in-person betting scheme through the turn of the millennium, with his model expanding to track more than 120 factors per horse, but the logistics were proving a grind. He felt disconnected from his gambler friends in Wan Chai—a nocturnal clique of geeks and rogues. He had started mixing with a more professional crowd, adopting their dress code of smart suits and ties, and he’d taken a more active role in the local Rotary Club chapter. Benter embraced its motto of “Service Above Self,” giving millions of dollars anonymously and visiting impoverished schools in China and refugee camps in Pakistan. For the first time, he thought seriously about quitting and moving back to the U.S. If it all has to end, he thought, I’ve had an incredible run.


Betting odds represent the bettors’ perception of value, not actual value. Our betting systems are able to pinpoint and exploit pricing opportunities created by the irrationality of sports bettors, and the need for sportsbooks to balance their risk exposure. By examining 20+ years of betting line data with our proprietary betting trends, we’ve developed profitable betting strategies based on cutting edge “market efficiency” economic theory.
The world’s biggest known accumulator win came in March 2011 in the UK, when plumbing engineer Steve Whiteley managed to win a staggering £1.45 million from a noble £2 bet. Whiteley, from Tawton in Devon, selected six winners on the Exeter Tote Jackpot from a choice of horse race meets across the UK and Ireland. His accumulator consisted of Semicolon (2/1), Black Phantom (12/1), Ammunition (16/1), Mr Bennett (16/1), Lundy Sky (5/1), and Lupita (12/1).
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.
When a bookie sets odds for games, he will build what bookies call an “over round” into his set of odds. Another slang term used for this formula is “the juice.” For the sake of simplicity, let’s look at a boxing match where both contenders are equally talented, of equal stature, etc. Since they both have an equal chance of winning, a casual bet may be even money. You put $20 on one guy; your friend puts $20 on the other. Whichever fighter wins awards the bettor with the total of $40.
Return to Player (RTP) is often misunderstood or overlooked by players. The following table shows the payout percentages across all games for my selected operators. This shows how much of all bets placed for each game are paid back to players. It’s important to understand that these payout rates are calculated over a long period of time and over many many hands, providing an overall average return to player. So this is not the amount that you are guaranteed to win when you play a particular game. Take for example the days where you play and play and walk away empty handed, compared to those where luck seems to be on your side and you end up with a nice profit. The higher the RTP, the lower the house edge. There are even some games which almost lack the house edge altogether, like Betfair Casino, meaning the RTP reaches as much as 99.9% for certain games.
Despite the fact that the SlotsUp team is fond of free online slots, we also love playing them for real money just like any other casino games fan does. And just like any other casino games fan we face many problems while trying to find a reliable online casino. We are afraid of fraudulent and cheaters, we can’t be sure that we are playing the original games, we get hidden pitfalls in wager requirements and don’t get if the casino is available and licensed in our country or not.
2018 Cigar Mile Day Results - Saturday at Aqueduct, Patternrecognition held off True Timber to win the Cigar Mile (G1) by 3/4 length while favorite Mendelssohn finished 4th. Also on the card, Marley's Freedom won the Go For Wand Handicap (G3), Maximus Mischief won the Remsen (G2), and Positive Spirit won the Demoiselle (G2). Get the results, charts, and photos 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.
Throughout 1997 a shadow loomed over Hong Kong. After 156 years of colonial rule, the British were set to hand the territory back to China on July 1. There were news reports of Chinese troops massed at the border, and many islanders feared it would be the end of Hong Kong’s freewheeling capitalism. China tried to reassure residents that their most treasured customs would be protected. “Horse racing will continue, and the dancing parties will go on,” said Deng Xiaoping, the former Communist Party leader.
Horse racing was introduced to Singapore by the British during the colonial era and remained one of the legal forms of gambling after independence. It remains a highly popular form of entertainment with the local Singaporean community to this day. Races are typically held on Friday evenings and Sundays at the Singapore Turf Club in Kranji. Horse racing has also left its mark in the naming of roads in Singapore such as Race Course Road in Little India, where horse racing was first held in Singapore, and Turf Club Road in Bukit Timah where Singapore Turf Club used to be situated before moving to its current location in 1999.

As racing became big business, governments entered wagering with offtrack betting, which was very beneficial to racing in Australia, New Zealand, and France and less so in England and New York City. In the United States, illegal bookmaking offtrack became the province of organized crime. Legal offtrack betting parlours proliferated during the late 20th century but were less prevalent in the 21st because of the growth of online gambling and the general decline in horse racing’s popularity.
Technologies are moving forward and now we can do everything we want from our smartphones and gambling is not an exception. With the help of your iPhone you can order food, pay your bills and listen to the music and now you can also spin the reels of real money slots or make a poker bet in the mobile casino. Most of the big casino games providers have mobile slots in their collection and you will see them once you open the online casino from your tablet or smartphone. Some of the casinos also have a special mobile app that you will want to download to play real money mobile slots or other casino games.

If, that is, the model were accurate. By the end of Benter’s first season in Hong Kong, in the summer of 1986, he and Woods had lost $120,000 of their $150,000 stake. Benter flew back to Vegas to beg for investment, unsuccessfully, and Woods went to South Korea to gamble. They met back in Hong Kong in September. Woods had more money than Benter and was willing to recapitalize their partnership—if it was renegotiated.
After Bobo Duck, Mascot Treasure, and Frat Rat romped across the finish line—and then days turned into weeks, with no one collecting the prize—Benter was unprepared for the level of mounting public interest. “The ghost of the unclaimed $118 million Triple Trio,” wrote the racing columnist for the South China Morning Post, “is still banging around like an unwanted poltergeist.” Outlandish theories spread across Hong Kong. One held that the winner had watched the final leg and died of shock.
INDEX can be interpreted as twice the amount of predicted goal diference between home and away goal scores. With the plus sign in favour of home team, with minus sign in favour of away team. E.g. INDEX -4,0 means that our software predicts win of the away team for 2 goals, INDEX +3,0 means that our software predicts win of the home team for 1,5 goals.
Woods was used to being the senior partner in gambling teams and getting his way. He never lost his temper, but his mind, once set, was like granite. Benter was also unwilling to budge. Their alliance was over. In a fit of pique, Benter wrote a line of code into the software that would stop it from functioning after a given date—a digital time bomb—even though he knew it would be trivial for Woods to find and fix it later. Woods would keep betting algorithmically on horses, Benter was sure of that. He resolved that he would, too.
Individual flat races are run over distances ranging from 440 yards (400 m) up to two and a half miles (4 km), with distances between five and twelve furlongs being most common. Short races are generally referred to as "sprints", while longer races are known as "routes" in the United States or "staying races" in Europe. Although fast acceleration ("a turn of foot") is usually required to win either type of race, in general sprints are seen as a test of speed, while long distance races are seen as a test of stamina. The most prestigious flat races in the world, such as the Prix de l'Arc de Triomphe, Melbourne Cup, Japan Cup, Epsom Derby, Kentucky Derby and Dubai World Cup, are run over distances in the middle of this range and are seen as tests of both speed and stamina to some extent.
×