As I was reading more about Bill Benter's life, he reminded me of Michael Burry, both from an intelligence perspective as well as their introvert character, would you agree? If Benter had taken the traditional finance route do you think he would have been as successful?
The proper comparison is to Ed Thorp, the blackjack guy. Thorp did go into finance and made a lot. Benter made something in the tens of millions, and horse racing is certainly more fun and exciting than finance. I dont think he was making bets in the thousands/year, in another video he indicates a total of 6600 bets over the span of perhaps 10 years. The HK Jockey Club did not/does not operate year-round (just a few months actually, and not every night), and thats the only place he bet. So he was quite restricted in the # of bets he could theoretically bet. And its important to remember a bet represents finding an error in odds, The Crowd does not make many errors. You must pass on race after race until a good opportunity comes along.
Thank you very much Seb. Yes he recently published a book talking about the computer based horse racing handicap, as to the rest of the story, we know most of that information from practically the only extensive interview he has ever given in 20 years, which is back in 2018 to Bloomberg. The interview has far more detail than I could fit in the video, you can find both the links below. www.amazon.com.tr/Computer-Based-Horse-Handicapping-Wagering-Systems/dp/9841259931 www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code
😊 I enjoyed the story I'm working on a horse race system 445 years I've been working on this horse race system I made up a flyer that tells people how to win what to look for down at the track I'm giving this away to bars and hotels around the horse race tracks I just started out I need a lot more help to get the people to run it I've been studying horse race systems in every horse race system is a similar thing that's going on they don't tell you exactly what takes place the Jockey club flies out this information😊 can the information is gone from the internet I tell people horses pass is the horses future I talked to people that owns race horses to build a fire while I'm doing can I have verified I have verify my horse race system😊 I'm only calling you because I need more help getting off the ground and I don't know where to get the people to get it started I give him 10 ways that they could check the horses so they could win once they win then they buy my horse race system for $150 most system works from the top down mine works from the bottom up it keeps track of the jockeys that goes up and down in class and it also keeps track of the horses that goes up and down in class after so many jockeys that goes up and down in class you don't bet does a trick and trade to everything in life need for you to call me but you have to call me a couple times straight so I call you back😊 my name is Don I really don't text too well I'm 74 years old I don't dare to get information from AI hey I will keep it I don't dare to give it to AI cuz AI will give it to somebody else keep it to themselves my phone number is 704-901-6705 my name is Don thank you for listening
As I was reading more about Bill Benter's life, he reminded me of Michael Burry, both from an intelligence perspective as well as their introvert character, would you agree? If Benter had taken the traditional finance route do you think he would have been as successful?
The proper comparison is to Ed Thorp, the blackjack guy. Thorp did go into finance and made a lot. Benter made something in the tens of millions, and horse racing is certainly more fun and exciting than finance. I dont think he was making bets in the thousands/year, in another video he indicates a total of 6600 bets over the span of perhaps 10 years. The HK Jockey Club did not/does not operate year-round (just a few months actually, and not every night), and thats the only place he bet. So he was quite restricted in the # of bets he could theoretically bet. And its important to remember a bet represents finding an error in odds, The Crowd does not make many errors. You must pass on race after race until a good opportunity comes along.
This dude is a true living legend. And it was absolutely not by chance or luck.
Great video, all around! Editing, clips, voice-over, script, research. Outstanding! Subscribed
Thank you sir, much appreciated
Good content as usual 🙏🏼
Glad you liked it, thank you for your support
Great video! Where did you get such detailed background information? Is there a book written about Bill Benter?
Thank you very much Seb. Yes he recently published a book talking about the computer based horse racing handicap, as to the rest of the story, we know most of that information from practically the only extensive interview he has ever given in 20 years, which is back in 2018 to Bloomberg. The interview has far more detail than I could fit in the video, you can find both the links below.
www.amazon.com.tr/Computer-Based-Horse-Handicapping-Wagering-Systems/dp/9841259931
www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code
It’s fascinating to see how he has exploited his potential in such an untraditional way
That is very true, such an unconventional career path 😅
This history really motivated me right now 🕯️
Glad to be able to motivate you 🙏🏼
great content!
thank you for the support
Great content
Thank you for your kind words, much appreciated
Wonderful history
A lot of comments are NONSENSE! I don't see one that says they followed this logic and are big winners or a small winner?
this is very interesting story.
glad you enjoyed it
fascinating story
much appreciated
😊 I enjoyed the story I'm working on a horse race system 445 years I've been working on this horse race system I made up a flyer that tells people how to win what to look for down at the track I'm giving this away to bars and hotels around the horse race tracks I just started out I need a lot more help to get the people to run it I've been studying horse race systems in every horse race system is a similar thing that's going on they don't tell you exactly what takes place the Jockey club flies out this information😊 can the information is gone from the internet I tell people horses pass is the horses future I talked to people that owns race horses to build a fire while I'm doing can I have verified I have verify my horse race system😊 I'm only calling you because I need more help getting off the ground and I don't know where to get the people to get it started I give him 10 ways that they could check the horses so they could win once they win then they buy my horse race system for $150 most system works from the top down mine works from the bottom up it keeps track of the jockeys that goes up and down in class and it also keeps track of the horses that goes up and down in class after so many jockeys that goes up and down in class you don't bet does a trick and trade to everything in life need for you to call me but you have to call me a couple times straight so I call you back😊 my name is Don I really don't text too well I'm 74 years old I don't dare to get information from AI hey I will keep it I don't dare to give it to AI cuz AI will give it to somebody else keep it to themselves my phone number is 704-901-6705 my name is Don thank you for listening
niceee
glad you liked it, thank you for your support 🙏
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Hope you enjoyed it and learned something interesting about money and investing 😊
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