Bill Banter explains how he made $1B on horse racing...
#1

I saw his formula linearly combining a set of factors with weights and use regression techniques. Cannot be right? 

One can just use modern machine learning technologies and the problem will be so easily cracked. The Kelly formula he used to maximise his equity growth rate remain useful in trading and investing.

Anyway this guy did make 1B in horse racing and was so successful he left a 50M unclaimed prize as he did not want t publicity.


I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

His story told by Mathematics professor here.


I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

horse racing, soccer, basketball and some others are machine learn-able and predictable with high success rates. if someone has the historical data, they're worth trying
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#4

(18-05-2022, 04:25 PM)WhatDoYouThink? Wrote:  horse racing, soccer, basketball and some others are machine learn-able and predictable with high success rates. if someone has the historical data, they're worth trying

got soccer punter told me , come EPL new season you just buy top teams win every match
end of the season you go calculate surely got profits minus your losses on those matches the team lost.
Of course you bet the SAME amount every time , the odds movement vary never mind important is Win

I not sure how true is it , I used to bet soccer I only bet whenever my mood come

this Year got World Cup you bet alot will go betting soccer again
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#5

I've actually dabbled in some online betting myself, and while I love using machine learning for analyzing data, there's something timeless about using strategies like Kelly when it comes to managing bets. I remember trying out some horse racing betting on 벳삼코리아 (Bet365 Korea) a while back and using a mix of old-school strategy with some data analysis tools. It was a great experience—I didn’t hit a 1B win like the guy you mentioned, but I managed to come out ahead by being smart with my bets.
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