Benter taught himself advanced statistics and learned to write software on an early pc with a greenandblack screen, according to chellels article. Alan woods, the godfather of horse racing software gambler. Bill benter and an associate named paul coladonato had their eyes fixed on a bank of three monitors, which displayed a matrix of bets their algorithm had made on the race51,381 in all. William billy walters, former high profile professional gambler, is scheduled to be released from federal prison on february 14, 2022. William benter hk betting syndicate, hong kong abstract this paper examines the elements necessary for a practical and successful computerized horse race handicapping and wagering system. The perfect method to win at horse racing bill benters algorythm. Predicting horse race winners using advanced statistical methods. Meanwhile, simmons built the database and benter wrote a software program designed to find overlays. This paper examines the elements necessary for a practical and successful computerized horse race handicapping and wagering system. Bill benter at the international congress of chinese mathematicians. Hes still tweaking his algorithm now and still making money from horse racing betting. After starting in partnership with alan woods, bill benter left to form his own operation after the. Jan 17, 2017 one of these people is william benter or bill, one of the first professional gamblers who reached a fortune of billions of dollars made exclusively through this activity.
Using the results, benter and his team create their own prices and probabilities, and use these to bet against the general public. Welcome to the benter foundation the benter foundation. Computer based horse race handicapping and wagering systems. Jan 26, 2019 william bill benter is the most successful and profitable gambler of all time. The last time apple did this, it rallied % macdailynews. The large network of clients and transcriptionists within acusis contribute to the continued. William benter, the mathematician who broke the code of success in gambling with a software program. Jan 25, 2020 after all, bill benter has written it in 1995, more than 20 years ago. After starting in partnership with alan woods, bill benter left to form his own operation after the pair had what some describe as a spectacular falling out. William benters software reportedly assesses hundreds of individual variables for each horse, jockey, trainer and track. William bill benter is the most successful and profitable gambler of all time.
Bill benter software for betting proves you can win. He wrote an algorithm that couldnt lose at the track. May 25, 2012 bill benter has achieved international business success, first with high technology entrepreneurial software development, particularly in in southeast asia and india, and more recently with medical transcription service company acusis, pittsburgh pa, which benter cofounded in 2001 and is the international ceo and chairman. American gambler william benter developed probably the most successful computer software in the world to attack the giant hong kong horse automotive market, where the pools regularly reach into the hundreds of millions of dollars. There has certainly been a myriad of much more sophisticated and advanced models written in the meantime, which could easily beat bill benter s model on the racetrack. William ziemba, a finance professor at the university of british.
Dec 29, 20 since first proposed by bill benter in 1994, the conditional logistic regression has been an extremely popular tool for estimating the probability of horses winning a race. The buzz around the new surewin horseracing software in hong. Bill benter 100 million dollars per annum bill benter also known as william benter was born in 1957 in pittsburg, pennsylvania. Benter and his horse race picking software arent just good at picking consistent winners in horse racing, theyre arguably the best to ever do it. Benter and coladonato watched as a software script filtered out the losing.
Bill benter has build the perfect statistical model for the racetrack, which has made him a fortune. Early on he was an associate of the aussie punting marvel alan woods now dead. Some might say that is one of the most successful gamblers. Hes amassed a huge fortune through his betting exploits in hong kong.
Professional gamblerbill benter, worlds richest gambler. Apr 01, 2015 william benter is a wellknown bettor on hong kong horse races. Though facts and events of his childhood are little known, william bill benter has become internationally known for his development of what has been argued to be one of the worlds most lucrative computer advancements. American gambler william benter developed arguably the most successful computer software in the world to attack the giant hong kong horse racing market, where the pools routinely reach into the hundreds of millions of dollars. Bill benter has achieved international business success, first with high technology entrepreneurial software development, particularly in in southeast asia and india, and more recently with medical transcription service company acusis, pittsburgh pa, which benter cofounded in 2001 and is the international ceo and chairman. One of these people is william benter or bill, one of the first professional gamblers who reached a fortune of billions of dollars made exclusively through this activity. William bill benter shared a report of his computerbased wagering system. Jul 04, 2011 bill benter is one of the most successful horse punter ever.
After spending 2 years at case western university studying philosophy and physics, and a further year at the university of bristol, professor bill benter set up his own business. If you have not heard of him, you probably may not have heard about the new algorithm from hong kong that. William bill benter born 1957 is an american professional gambler and philanthropist who focuses on horse betting. William benter additional contact information william benter. Bill benter, a modern day wyatt earp weird wealth strange. Nobodys more skilled at masking bets than bill benter, regarded by many of his peers as the most successful sports bettor in the world. Hes running many charity programs and giving lectures about.
William bill benter developed one of the most successful computer software programs in the world that helped him overcome the hong kong horse racing. The benter foundation was founded in 2007 to help communities and individuals thrive. Since first proposed by bill benter in 1994, the conditional logistic regression has been an extremely popular tool for estimating the probability of horses winning a race. Well bill benter is a man who cracked the horse racing code back in the 1980s and made hundreds of millions of dollars. Horse racing betting for gambler jackpot bet online. The triple crown events of this year proved that with record numbers. Hk betting syndicate, hong kong chapter 19 in efficiency of racetrack betting markets, 2008, pp 183198 from world scientific publishing co. Sep 10, 2019 william bill benter developed one of the most successful computer software programs in the world that helped him overcome the hong kong horse racing market, but he certainly didnt stop there. Ending the list with one of the most famous names associated with professional gambling. Benter and coladonato watched as a software script filtered out the losing bets, one at a time, until there were 36 lines left on the screens. William benter identified form variables that influence the result of a horse race. Bill benter a global gambling phenomenon the geography of bill benters life spans the globe, from his hometown of pittsburgh, pennsylvania to hong kong, where he made a fortune and, as a professional gambler, revolutionized racetrack betting. Bill benter is one of the most successful horse punter ever. In this miracle computer software, each horse are rated on 120 different handicapping factors.
William bill benter developed one of the most successful computer software programs in the world that helped him overcome the hong kong horse racing market, but he certainly didnt stop there. He is the author of the paper computer based horse race handicapping and wagering systems. Bill benter was born and raised in pittsburgh, pennsylvania, and in the 1970s came across the book beat the dealer, this book changed his life as he memorized its card counting strategies and started his professional gambling career at the blackjack tables of las. For decades now, horse racing has been one of the most popularly wagered on sporting events in all of sports. Bill benter is among the richest man on this list and began his career with a physics degree and later software development. The man who has stood at the forefront of such analysis is the american william bill benter. William benter bill benter, alan woods, zeljko ranogajec, doyle brunson, patrick antonius, phil ivey. William bill benter is an american professional gambler and philanthropist who focuses on horse betting. William benter is a wellknown bettor on hong kong horse races. How an american gambler unlocked the secret to hong kong. The stories of william bentershown below and alan woods are intrinsically linked.
His software was so successful he made hundreds of millions of. He has most sophisticated gambling software ever to be seen. Woods wasnt so sure, but he put up most of the bankroll anyway and did much of the bet placing. May 15, 2019 william billy walters, former high profile professional gambler, is scheduled to be released from federal prison on february 14, 2022. Bill benter software for betting proves you can win sports betting. William benter at the iccm 2004 william benter will be known to all students of horse racing who have read his paper computer based horse race handicapping systems. Bill benter is visting professor within southampton business school at the university of southampton. William benter bill benter, the wealthiest gambler in the world. Predicting horse race winners using advanced statistical.
Efficiency of race track betting markets economic theory. William benter bill benter, the richest and most succesful. After spending 2 years at case western university studying philosophy and physics, and a further year at the university. Reaching beyond pittsburgh, the foundation supports peace building efforts and innovators who create new knowledge to tackle largescale issues. Some might say that is one of the most successful gamblers of all time. Deep state syndicates are still thriving in hong kong. William benter, an american expert horse racing gambler. Profiling the worlds greatest gamblers, who they are and how they made millions betting. Jun 17, 2018 in the 1980s and 90s, computer nerd bill benter did the impossible. After all, bill benter has written it in 1995, more than 20 years ago. Benter in his office in pittsburgh on april 2, 2018. The hundred and fifty million dollar man cigar aficionado. He is the author of the paper computer based horse race handicapping. Bill benter software for betting proves you can win sports.
May 08, 2012 bill benter, the richest gambler of them all. After a career in high technology entrepreneurial software development, bill benter executed his vision of creating a leading outsourced medical transcription organization with the inception of acusis in 2001. To get a sense of who benter is and how he came to be one of the greatest horse racing bettors in the history of sports betting, you have to go back to his roots. Computer based horse race handicapping and wagering. William benter bill benter, the richest and most succesful gambler. In the 1980s and 90s, computer nerd bill benter did the impossible. The gambler who cracked the horseracing code bloomberg. He is 72 years old and serving a 5year prison sentence. Then after, the winning probabilities are estimated and the appropriate amount to bet is calculated.
Bill benter is the most successful professional gambler we think. A report william benter hk betting syndicate, hong kong abstract this paper examines the elements necessary for a practical and successful computerized horse race handicapping and wagering system. Amercian william bill benter completes our fantastic horse racing trifecta, including alan woods and zeljko ranogajec. American gambler william benter developed arguably the most successful computer software in the world to attack the giant hong kong horse racing market. Benter and coladonato watched as a software script filtered out the losing bets, one at a time, until. Bill benter created software that analysed hundreds of racing stats and facts. There has certainly been a myriad of much more sophisticated and advanced models written in the meantime, which could easily beat bill benters model on the racetrack. Bill benter is a very wealthy man, he has made billions from horse racing. William benter bill benter, horse racing legend american gambler william benter developed arguably the most successful computer software in the world to.
Since then, the foundation has invested to advance a more livable pittsburgh, emphasizing downtown and the neighborhoods that comprise the citys urban core. Data requirements, handicapping model development, wagering strategy, and feasibility are addressed. Normally, youd see the odds go from 1411 to 1161 and. He created computer software that was used to analyze horse racing data. Bill benter one of the wealthiest gamblers in the world. William benter, an american expert horse racing gambler who. William benter, the mathematician who broke the code of. The beginning was nightmarish, says woods, explaining that the software was full of kinks. Bill benter, the richest of them all, but who is he. Benter and simmons believed that computer technology could be used to find an edge in horse racing. Jewish advocacy group donor linked to hong kong china. Alan woods, the godfather of horse racing software. American william bill benter completes our fantastic horse racing trifecta, including alan woods and zeljko ranogajec. He created special software to beat the worlds largest horse racing market in hong kong.
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