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William Benter (born 1957) is an American professional gambler and philanthropist who focuses on horse betting.Benter earned nearly $1 billion through the development of one of the most successful analysis computer software programs in the horse racing market and is considered to be the most successful gambler of all time.
Handicapping in action [ edit ] In a horse handicap race (sometimes just called "handicap"), each horse must carry a specified weight called the impost, assigned by the racing secretary or steward based on factors such as past performances, so as to equalize the chances of the competitors.
The first published work on creating speed-figures was E.W. Donaldson's Consistent Handicapping Profits (1936), which was cited by Jerry Brown as the method on which the Ragozin and Brown "sheet" figures are based. The Beyer numbers trace their roots back to the work of Ray Taulbot's parallel-time chart (1959), with Beyer pointing out the flaw ...
In some situations, a negative breakage may occur — for example, in horse racing when an overwhelming favorite wins (or shows or places). [3] The parimutuel calculation results might call for a very small winning payout (say, $1.02 or $1.03 on a dollar bet), but legal regulations might require a larger payout (e.g., minimum $1.10 on a dollar ...
Group races, also known as Pattern races, or Graded races in some jurisdictions, are the highest level of races in Thoroughbred horse racing.They include most of the world's iconic races, such as the Derby, Irish Derby and Prix de l'Arc de Triomphe in Europe, the Melbourne Cup in Australia, and the Kentucky Derby and Breeders' Cup races in the United States.
Mark Ripple was an American money manager, expert horse racing handicapper, [1] and author of Handicapping the Wall Street Way. [2] He was frequently sought after to write articles, having written for American Turf Monthly, The Horse Jockey, CBS, and Southern Gaming Magazine.
WFA is a method of trying to equal out the physical progress which the average thoroughbred racehorse makes as it matures. The thoroughbred matures extremely quickly compared to the human being. By the age of two the horse has achieved 95% of its mature height and weight, and by the end of its third year it will be fully mature.
Andrew Beyer is the author of four books on racing and was The Washington Post 's horse racing columnist [2] from 1978 to his retirement in 2016. He has been honored with the Walter Haight Award for career excellence by the National Turf Writers and Broadcasters and with a place on the Joe Hirsch Honor Roll at the National Museum of Racing and ...