hillfronter83 Posted May 12, 2018 Share Posted May 12, 2018 https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code Link to comment Share on other sites More sharing options...
winjitsu Posted May 14, 2018 Share Posted May 14, 2018 Loved it. Crazy thing is the math that they were using wasn't something super special ... just regression. I've been reading The Quants and it seems the theme was the first people to apply mathematical analysis to unique data sets (convertible bonds, options, stat arb... horse racing) made tons of money. The main guy in the article was worth over $800mm. I've read about wine funds, art funds, lottery ticket funds. Who knows how many unique markets there are out there. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now