The story of a man who made over a billion dollars using algorithms betting horse racing in Hong Kong.
They were so good and so profitable, they didn't cash a $16 million winning ticket in the biggest betting frenzy of the season, the so-called "Triple Trio" bet because they felt it would be unfair, and instead let the winnings go unclaimed, to charity.
It's amazing, the way he "backtests" different factors that can affect the race" The analysis is very similar to the processes required to succeed in financial markets nowadays. Years of work behind the scenes!
Read the full article here: "The Gambler Who Cracked the Horse-Racing Code" - https://bloom.bg/2wbWLPy
A must read for every single trader... enjoy
