In 1929, the charge for admission to the Public Enclosure is $1 per day for all while soldiers and sailors can enjoy half price. In the other hand, members are required to show their badges to obtain admission to the Members’ Enclosure. And also the charge for admission to the Members’ Enclosure is $2 per day.[68] By comparing the lowest wage in 1929, we observe that the lowest wage is around $12 ( $0.4 per day) which has a large distance for the requirement enclosure. [69]Therefore, we can observe that the race meetings are mainly opened for upper class mostly while grass-root has a lower chance to touch horse racing activity.
Benter, 61, walks with a slight stoop. He looks like a university professor, his wavy hair and beard streaked with gray, and speaks in a soft, slightly Kermit-y voice. He told me he’d been driven only partly by money—and I believed him. With his intelligence, he could have gotten richer faster working in finance. Benter wanted to conquer horse betting not because it was hard, but because it was said to be impossible. When he cracked it, he actively avoided acclaim, outside the secretive band of geeks and outcasts who occupy his chosen field. Some of what follows relies on his recollections, but in every case where it’s been possible to corroborate events and figures, they’ve checked out in interviews with dozens of individuals, as well as in books, court records, and other documents. Only one thing Benter ever told me turned out to be untrue. It was at the outset of our conversations, when he said he didn’t think I’d find anything interesting to write about in his career.
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.
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I love watching a guy like Herman Edwards on TV. Let’s think about why ESPN hired him. He is fun, funny, full of energy, and has credibility having been a player and coach of two different teams. Why didn’t they hire a guy like John Outlaw who played the other cornerback position with Edwards in Philadelphia? It’s one of many reasons I’m sure but the main reason being he’s probably not as entertaining as Herman Edwards on TV. Herman is on TV to entertain you, not give you good value who to bet on. It doesn’t even matter what information he’s saying, the only thing his producers care about is if he is interesting. The real guys to listen to aren’t on the radio. The Vegas sharps that do this for a living are the ones to listen to. I’m not saying the X’s and O’s of the games aren’t important, but it doesn’t outweigh a good sound betting strategy.
New for the 2019 Kentucky Derby trail, Horse Racing Nation's Derby Radar seeks to identify promising maiden, allowance and even stakes winners who could target points-paying preps next out. We'll cover the buzz horses, of course, then using a systematic approach based on past years' Derby contenders identify other talented colts moving up the ladder.
Horse racing is something like a religion in Hong Kong, whose citizens bet more than anyone else on Earth. Their cathedral is Happy Valley Racecourse, whose grassy oval track and floodlit stands are ringed at night by one of the sport’s grandest views: neon skyscrapers and neat stacks of high-rises, a constellation of illuminated windows, and beyond them, lush hills silhouetted in darkness.
He is the author of ?Sports Betting To Win? and ?High Performance Trading ? 35 Practical Strategies and Techniques to Enhance Your Trading Psychology and Performance? (published by Harriman House), helped to set up and establish the Centaur Sports Trading Academy, managed a team of over 40 professional financial traders in London and was a consultant to the BBC TV programme Million Dollar Traders.
The club had come to see the syndicates’ success as a headache. There was no law against what they were doing, but in a parimutuel gambling system, every dollar they won was a dollar lost by someone else. If the everyday punters at Happy Valley and Sha Tin ever found out that foreign computer nerds were siphoning millions from the pools, they might stop playing entirely.

Benter’s solution to the phone ban was time-consuming and required him to manage teams of runners, who risked being robbed. But it was almost as profitable as his old arrangement. The club continued to exchange his cash vouchers for checks, and no one came to shut him down. Woods kept betting in a slightly different manner, sending members of an extended roster of Philippine girlfriends directly to the racetrack with bags full of cash.
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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.
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 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).

Horse racing is an equestrian performance sport, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its basic premise – to identify which of two or more horses is the fastest over a set course or distance – has been unchanged since at least classical antiquity.[1]
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