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11-18-2005, 01:46 PM
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#1
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Registered User
Join Date: Dec 2004
Posts: 332
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HKJC Racing - William Benter (Hong Kong Syndicate Fame) Presentation!
By way of encouragement to those who are currently experiencing protracted losing runs, I suggest you download and listen to the William Benter (Hong Kong syndicate fame) presentation (entitled What are my odds?) to the Third Congress of Chinese Mathematicians last year.
I particularly like the way he nonchalantly refers to horse-racing as being 'near to his heart' and, later in the presentation, shows a graph of which he is 'particularly proud' (master of understatement).
Best wishes,
John
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11-18-2005, 02:21 PM
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#2
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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This looks like a good way to spend friday afternoon
thanks
Joe M
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11-18-2005, 03:05 PM
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#3
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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that was enjoyable..Nice to put a face with the name.
thanks
again
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11-18-2005, 03:06 PM
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#4
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Registered User
Join Date: Apr 2001
Posts: 1,719
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Thank John, I enjoyed William Benter.If he writs a book on horse racing .Lets us know. 
__________________
"Kindness in words, creates confidence. Kindness in thinking creates profoundness. Kindness in giving, creates love."
Lao Tzu
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11-19-2005, 12:40 PM
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#5
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Registered User
Join Date: Dec 2004
Posts: 332
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Classic Article (1994) - Published in Dr Z's Efficiency of Racetrack Betting Markets
Quote:
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Originally Posted by John
Thanks John, I enjoyed William Benter. If he writes a book on horse racing, let us know. |
Joe / John,
As you are already aware, his original 1994 article, Computer Based Horse Race Handicapping and Wagering Systems: A Report, published in Dr Z's Efficiency of Racetrack Betting Markets outlined his methodology and the 2004 presentation above confirms that he is continuing to use the same basic approach today.
I am aware that the Ziemba book is 'Out of Print' and, as a result, it is difficult to find even a second-hand copy in good condition at a reasonable price (Amazon - USD 1500?). Therefore, if you feel that it would be of value to you, I could summarize the main points of the article so that you can better appreciate his methodology.
Best wishes,
John
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11-19-2005, 01:03 PM
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#6
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DJ M.Walk
Join Date: Aug 2002
Location: Compton, CA!
Posts: 2,072
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My media player will not play it. 
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11-19-2005, 01:12 PM
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#7
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Guest
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Quote:
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Originally Posted by jfdinneen
...I could summarize the main points of the article so that you can better appreciate his methodology...
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Hey, don't want to hijack an offer for somebody else but I would love to hear your summary for Benter's methods, if that's ok.
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11-19-2005, 01:13 PM
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#8
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Comfortably Numb
Join Date: Sep 2001
Location: Lexington, Ky
Posts: 6,174
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Quote:
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Originally Posted by jfdinneen
As you are already aware, his original 1994 article, Computer Based Horse Race Handicapping and Wagering Systems: A Report
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This report is also included in Nick Mordin's book Winning Without Thinking.
Bill
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11-19-2005, 02:09 PM
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#9
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Registered User
Join Date: Dec 2004
Posts: 332
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Nick Mordin: Synopsis for Review?
Bill,
Nick is an excellent horse-racing analyst so, if he also provides a summary of Benter's approach in Winning Without Thinking, then perhaps you would be better placed to provide a synopsis of his methodology for review?
Best wishes,
John
Last edited by jfdinneen; 11-19-2005 at 02:10 PM.
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11-19-2005, 02:24 PM
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#10
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,651
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Quote:
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Originally Posted by Speed Figure
My media player will not play it.
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Did you try downloading the video file to your hard drive, and playing it off of there? (Right click on the link and choose "Save File As")
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11-19-2005, 02:24 PM
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#11
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Registered User
Join Date: Mar 2001
Posts: 1,965
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did anyone download the file? It doesn't play anymore. might be taken down.
any info anyone can share on this guy is greatly appreciated.
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11-19-2005, 02:25 PM
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#12
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,651
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I just played it on my machine....
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11-19-2005, 02:46 PM
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#13
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Comfortably Numb
Join Date: Sep 2001
Location: Lexington, Ky
Posts: 6,174
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Quote:
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Originally Posted by jfdinneen
Bill,
Nick is an excellent horse-racing analyst so, if he also provides a summary of Benter's approach in Winning Without Thinking, then perhaps you would be better placed to provide a synopsis of his methodology for review?
Best wishes,
John
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He provided the report as a reprint in the Appendix. I'll have to read back through the book to see if he provided any commentary on it.
Bill
Last edited by BillW; 11-19-2005 at 02:47 PM.
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11-19-2005, 02:50 PM
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#14
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DJ M.Walk
Join Date: Aug 2002
Location: Compton, CA!
Posts: 2,072
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Quote:
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Originally Posted by PaceAdvantage
Did you try downloading the video file to your hard drive, and playing it off of there? (Right click on the link and choose "Save File As")
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That did it! thanks. 
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11-19-2005, 02:55 PM
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#15
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what an easy game.
Join Date: Dec 2002
Posts: 43,096
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Quote:
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Originally Posted by BillW
This report is also included in Nick Mordin's book Winning Without Thinking.
Bill
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It's also in "Efficiency of Racetrack Betting Markets"
with tons of other papers edited by Hausch, Lo and Ziember
Academic press
I just noticed that there is a chart for 2500 plays in the paper. It
looks like the chart he presented in the conference. I think the conference chart was for 6000(?) races
yep, just checked the conference chart. 6000 races. But it looked like the line's slope started to change after 2500. (to about 1/2)
Last edited by formula_2002; 11-19-2005 at 03:04 PM.
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