How to Make a Billion Dollars on Horse Racing

How to Make a Billion Dollars on Horse Racing

Assessment

Interactive Video

Business

University

Hard

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The transcript details the story of Bill Benter, a professional gambler who developed a statistical model to beat the odds in horse racing at the Hong Kong Jockey Club. Despite initial challenges, Benter's innovative approach and collaboration with Alan Woods led to significant success, transforming the gambling industry. His work demonstrated the power of data analysis and computing in betting, influencing both bettors and bookmakers worldwide.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Hong Kong Jockey Club react to Benter's betting strategies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of Benter's betting activities during the record jackpot?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways did Benter's work transform the gambling industry?

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