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05-21-2017, 03:41 PM
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#1
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BetMix User
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
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Epstein Tote Software
Epstein Tote Software
Has anyone used or heard of this software.
If so, is there any documentation on it ?
Last edited by Partsnut; 05-21-2017 at 03:42 PM.
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05-21-2017, 06:08 PM
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#3
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,632
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Or maybe it's what Nitro uses...
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05-21-2017, 07:09 PM
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#4
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BetMix User
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
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I believe this was a project developed by Richard A. Epstein
Who wrote: " The Theory Of Gambling And Statistical Logic"
The software, as I see it, is a formidable tool that can be used in live contests.
If you will notice the attached file from yesterdays races at SAX
Where a spread of 5 horses ($10.00 each) would have turned into $500
See below.
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05-21-2017, 09:33 PM
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#5
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Veteran
Join Date: May 2016
Posts: 1,831
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Normally you'd have me, and I'd pay almost anything for that.
But as soon as I saw he hadn't replaced the default "Document 1" for the Form name, I became disillusioned.
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05-21-2017, 09:41 PM
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#6
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Veteran
Join Date: May 2016
Posts: 1,831
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Actually, the book is a rather technical work , heavy into statistics, and the brief mention I found of horses racing basically says, you can't beat it because of the take out. John Scarne, another gambling expert from the 70's and before said the same thing. He never lived to see the wondrous selections made here on PA!
But if you like lots of formulas and esoteric discussions of probability, knock yourself out. looks like the whole book is on google
https://books.google.com/books?id=VW...tWBwkQ6AEIJzAA
Last edited by AltonKelsey; 05-21-2017 at 09:43 PM.
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05-21-2017, 10:20 PM
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#7
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Registered User
Join Date: Jan 2010
Posts: 2,176
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Quote:
Originally Posted by AltonKelsey
Actually, the book is a rather technical work , heavy into statistics, and the brief mention I found of horses racing basically says, you can't beat it because of the take out. John Scarne, another gambling expert from the 70's and before said the same thing. He never lived to see the wondrous selections made here on PA!
But if you like lots of formulas and esoteric discussions of probability, knock yourself out. looks like the whole book is on google
https://books.google.com/books?id=VW...tWBwkQ6AEIJzAA
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From page 288 of the book:
Predicting the outcome of a horse race is an activity that exerts continuing appeal to the extraordinarily opulent. It is intellectually lucrative albeit fiscally ruinous.
__________________
One of the downsides of the Internet is that it allows like-minded people to form communities, and sometimes those communities are stupid.
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05-21-2017, 11:04 PM
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#8
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BetMix User
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
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Quote:
Originally Posted by AltonKelsey
Normally you'd have me, and I'd pay almost anything for that.
But as soon as I saw he hadn't replaced the default "Document 1" for the Form name, I became disillusioned.
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Maybe I'm missing something but I have no idea what your response implies or means.
As far as my original post is concerned, I was merely seeing if anyone has documentation for this software.
I am not trying to sell anything.
I strongly doubt and in my humble opinion, it would be next to impossible to purchase this software because I doubt if anyone or very few, to say the least, would have it or if any copies still exist.
This software was designed as a project.
I believe it will yield a long term profit. I have mine set at a 23% ROI.
In todays world, I can live with that.
Last edited by Partsnut; 05-21-2017 at 11:06 PM.
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05-21-2017, 11:28 PM
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#9
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by Partsnut
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I believe it will yield a long term profit. I have mine set at a 23% ROI.
In todays world, I can live with that.
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In what pools would you be engaging in to extract this exceedingly high goal??
If you believe " it" will yield a long term profit, how far are you in your journey into the "long term"?
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05-22-2017, 01:49 AM
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#10
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Registered User
Join Date: Jun 2016
Location: Las Vegas
Posts: 90
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Quote:
Originally Posted by Partsnut
I believe this was a project developed by Richard A. Epstein
Who wrote: " The Theory Of Gambling And Statistical Logic"
The software, as I see it, is a formidable tool that can be used in live contests.
If you will notice the attached file from yesterdays races at SAX
Where a spread of 5 horses ($10.00 each) would have turned into $500
See below.
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Please explain, to an idiot like me, how $10 would have turned into $500 in that race.
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05-22-2017, 07:56 AM
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#11
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BetMix User
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
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Quote:
Originally Posted by bruin95
Please explain, to an idiot like me, how $10 would have turned into $500 in that race.
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I apologize for the confusion. Inadvertently, I mislabeled R6 for R7
See below.
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05-22-2017, 08:02 AM
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#12
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BetMix User
Join Date: Dec 2004
Location: Boynton Beach, FL
Posts: 1,108
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Quote:
Originally Posted by ReplayRandall
In what pools would you be engaging in to extract this exceedingly high goal??
If you believe "it" will yield a long term profit, how far are you in your journey into the "long term"?
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I only bet to win.
In answer to your question, I have used this software for over 8 years but I took a 4 year absence because of losing a
loved one that was closest to me.
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05-23-2017, 02:51 PM
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#13
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Registered User
Join Date: Jun 2009
Posts: 81
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Parts,
If you have used this software for 8 years,why are you looking for documentation on it? I don't mean this in a negative way,Parts...did you forget how to use it?
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05-23-2017, 09:33 PM
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#14
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Registered User
Join Date: Jan 2015
Posts: 1,962
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Quote:
Originally Posted by Whosonfirst
From page 288 of the book:
Predicting the outcome of a horse race is an activity that exerts continuing appeal to the extraordinarily opulent. It is intellectually lucrative albeit fiscally ruinous.
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Would have saved a lot of time in my life, if the PA website was simply a banner stating this little gem....
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05-23-2017, 09:55 PM
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#15
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Veteran
Join Date: May 2016
Posts: 1,831
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As I mentioned, Scarne said the same thing before this guy .
Since the skill required to actually beat the game was beyond them , of course that's what they would think.
A guy in love with all those equations is never going to pick up binoculars and learn to be a trip handicapper, or spot a track bias. Thus, if E=mc2 doesn't pick the winner, then it cant be done.
Still, I'd be much more comfortable if only that money minting app had been titled properly.
Last edited by AltonKelsey; 05-23-2017 at 09:56 PM.
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