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It was then, in November 2001, that he decided to have a final punt on the Triple Trio. Benter had avoided major prizes since 1997 for fear of angering the Jockey Club’s management, but this jackpot was too big to resist. Wagering on it was something of a lark, albeit an expensive one: He spent HK$1.6 million on the 51,000 combinations. If he won, he decided, he would leave the tickets unclaimed. Club policy in such cases directed the money to a charitable trust.
Within six weeks, he found himself playing blackjack in Monte Carlo, served by waiters in dinner jackets. He felt like James Bond, and his earnings grew to a rate of about $80,000 a year. Benter abandoned any idea of returning to college. When his mother’s friends in Pittsburgh asked how his studies were going, she told them, “Bill’s traveling right now.”
It does not come more perfect than 60-year-old fertilizer salesman Fred Craggs from Yorkshire, UK who won £1 million from a small 50p bet. Craggs placed an 8-fold accumulator with William Hill and his selections came from horse race meets scheduled across the globe. Bizarrely, Craggs was not even aware he had become a millionaire until he visited the same bookmaker to place another bet.
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Benter was a more reserved presence. He could often be seen sitting at the end of a bar, engaged in quiet conversation. Over time an aura built up. To the small group of insiders who knew that software had conquered Happy Valley—perhaps a dozen people—Benter was the acknowledged master. Even Woods (in an interview he later gave to an Australian journalist) admitted that his rival’s model was the best. But the two men couldn’t resolve their differences. When Benter saw his old partner in Wan Chai, he would smile politely and walk away. They’d gone 10 years without speaking.
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Anna Waller, a member of the Department of Emergency Medicine at the University of North Carolina, co-authored a four-year-long study of jockey injuries and stated to the New York Times that "For every 1,000 jockeys you have riding [for one year], over 600 will have medically treated injuries." She added that almost 20% of these were serious head or neck injuries. The study reported 6,545 injuries during the years 1993–1996. More than 100 jockeys were killed in the US between 1950 and 1987.
Ideally, the Sportsbook would like to have the same amount of money wagered on the two teams playing. If the Giants are playing the Colts and they have one player betting on the Giants and one player betting on the Colts they would pay the winner $100 but collect $110 for the loser. This gives them a $10 profit so they really don’t care who wins as long as they have an equal amount bet on each team. To accomplish this they assign a line or spread to make the contest equally attractive for both sides.
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The Arabian horse was developed by the Bedouin people of the Middle East specifically for stamina over long distances, so they could outrun their enemies. It was not until 1725 that the Arabian was introduced into the United States. Arabians appeared in the United States in colonial times, though were not bred as purebreds until about the time of the Civil War. Until the formation of the Arabian Horse Registry of America in 1908, Arabians were recorded with the Jockey Club in a separate subsection from Thoroughbreds.