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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.
In order to play at an online casino, you will need to have a registered an account. Similarly to any registration process signing up is profoundly easy to do. Essentially, the first thing you’ll need to do is navigate to your online casino of choice and find their sign up page. Once you have, you’ll need to begin the registration process by filling in your details. Generally, you’ll need to provide your name, surname, gender, date of birth, phone number, email, country, address, city/town and Post/ZIP code. In some countries, you might also need to provide some other information too. For example, in some cases, a casino will advise you to send a scanned copy of your I.D. card/ Driving License and a Utility Bill in order to prevent fraud.
Other additions, such as the number of rest days since a horse’s last race, were more successful, and in his first year after returning to Hong Kong, Benter won (as he recalls) $600,000. The next racing season, ending in the summer of 1990, he lost a little but was still up overall. He hired an employee, Coladonato, who would stay with him for years, and a rotating cast of consultants: independent gamblers, journalists, analysts, coders, mathematicians. When the volume of bets rose, he recruited English-speaking Filipinos from the ranks of the city’s housekeepers to relay his bets to the Jockey Club’s Telebet phone lines, reading wagers at the rate of eight a minute.
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One approach—familiar to Benter from his blackjack days—was to adapt the work of a gunslinging Texas physicist named John Kelly Jr., who’d studied the problem in the 1950s. Kelly imagined a scenario in which a horse-racing gambler has an edge: a “private wire” of fairly reliable tips. How should he bet? Wager too little, and the advantage is squandered. Too much, and ruin beckons. (Remember, the tips are good but not perfect.) Kelly’s solution was to wager an amount in line with the gambler’s confidence in the tip.
Benter’s model required his undivided attention. It monitored only about 20 inputs—just a fraction of the infinite factors that influence a horse’s performance, from wind speed to what it ate for breakfast. In pursuit of mathematical perfection, he became convinced that horses raced differently according to temperature, and when he learned that British meteorologists kept an archive of Hong Kong weather data in southwest England, he traveled there by plane and rail. A bemused archivist led him to a dusty library basement, where Benter copied years of figures into his notebook. When he got back to Hong Kong, he entered the data into his computers—and found it had no effect whatsoever on race outcomes. Such was the scientific process.
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France has a major horse racing industry. It is home to the famous Prix de l'Arc de Triomphe held at Longchamp Racecourse, the richest race in Europe and the second richest turf race in the world after the Japan Cup, with a prize of 4 million Euros (approximately US$5.2 million). Other major races include the Grand Prix de Paris, the Prix du Jockey Club (the French Derby) and the Prix de Diane. Besides Longchamp, France's other premier flat racecourses include Chantilly and Deauville. There is also a smaller but nevertheless important jumps racing sector, with Auteil Racecourse being the most well known. The sport's governing body is France Galop.
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Many of the biggest players in sports betting can trace a lineage directly to the Benter-Woods axis. For example, the Australian press has called Zeljko Ranogajec “the world’s biggest punter.” Today he runs a global algorithmic gambling empire, but he began his career in Las Vegas counting cards with Benter and Woods, then followed them to Hong Kong. During a rare interview in London, Ranogajec said, “A substantial portion of our success is attributable to the pioneering work done by Benter.”
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. Most sportsbooks are available online these days, and some of the more popular sites include:
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.
As you can see from this table, the differences in the payout rates at each of the casinos I tested do not differ greatly. All provide high return to player percentages, with only slight variations in the highest and lowest payout rates, which you can see highlighted in red and green. When you consider classic games, like roulette and blackjack, the same values are often found across many sites, due to the fixed rules of the games. Likewise, you will find little variance in the RTP of video poker games. When it comes to slots, you will find that the theoretical payout rates can vary from 90% up to 99%. It’s, therefore, useful to check the game rules for slots to find out how much you can expect to lose. Any slots offering payout rates of below 90% just do not offer good value for money when you consider how high the RTPs can reach.
Online casinos vary with the number and type of games they offer. Currently, the most popular and prevalent style of game is the online video slot. These games are based on video slots seen in brick-and-mortar (land-based) establishments. Some of them are even exact replicas of these games. Other games seen are three-reel slots, card games, dice games, roulette, video poker and fixed odds games.
The ancestors of the Quarter Horse were prevalent in America in the early 17th century. These horses were a blend of Colonial Spanish horses crossed with English horses that were brought over in the 1700s. The native horse and the English horse were bred together, resulting in a compact, muscular horse. At this time, they were mainly used for chores such as plowing and cattle work. The American Quarter Horse was not recognized as an official breed until the formation of the American Quarter Horse Association in 1940.