# Sources Hub: [[Topics/Betting/Betting|Betting]] ## X posts (times CT) - @VipulKewatTech, Oct 21, 2026, 8:10 AM: https://x.com/VipulKewatTech/status/2112894169429746001 - @VipulKewatTech, Oct 22, 1:10 AM (names Tsitsiklis): https://x.com/VipulKewatTech/status/2113150860624830608 - @VipulKewatTech, Oct 22, 8:00 AM (names Tsitsiklis): https://x.com/VipulKewatTech/status/2113254043308970332 - @VipulKewatTech, Oct 23, 12:16 AM: https://x.com/VipulKewatTech/status/2113499889879724167 - @VipulKewatTech, Oct 24, 4:22 AM (linked post): https://x.com/VipulKewatTech/status/2113924052444426738 - @JosipRavlic, Oct 24, 9:11 AM: https://x.com/JosipRavlic/status/2113996732162089286 - @jackbwater, Oct 24, 8:43 AM: https://x.com/jackbwater/status/2113989760289014073 - @eqqmc2, Oct 24, 9:42 AM: https://x.com/eqqmc2/status/2114004578270367941 - @grok, Oct 24, 10:31 PM: https://x.com/grok/status/2114198164919992707 ## Primary - William Benter, "Computer Based Horse Race Handicapping and Wagering Systems: A Report" (1994), in Hausch, Lo & Ziemba (eds.), *Efficiency of Racetrack Betting Markets*: https://gwern.net/doc/statistics/decision/1994-benter.pdf · DOI https://doi.org/10.1142/9789812819192_0019 - Benter, "What Are My Odds?", ICCM 2004, Hong Kong: https://www.youtube.com/watch?v=YOVrZrJ-wtc - MIT OCW 6.041 Fall 2010, Lecture 1, "Probability Models and Axioms" (John Tsitsiklis): https://ocw.mit.edu/courses/6-041-probabilistic-systems-analysis-and-applied-probability-fall-2010/resources/lecture-1-probability-models-and-axioms/ · https://www.youtube.com/watch?v=j9WZyLZCBzs ## Press and reference - Kit Chellel, "The Gambler Who Cracked the Horse-Racing Code", Bloomberg Businessweek, May 3, 2018 (403 here; excerpts via search): https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code - SCMP, "How an American gambler unlocked the secret to Hong Kong horse racing, winning almost US$1 billion" (Jun 2018): https://www.scmp.com/magazines/post-magazine/long-reads/article/2150721/how-american-gambler-unlocked-secret-hong-kong - Guinness World Records, "A billion dollars off the ponies" (Aug 15, 2025): https://www.guinnessworldrecords.com/news/2025/8/a-billion-dollars-off-the-ponies-how-a-statistician-became-the-most-profitable-gambler - Wikipedia, Bill Benter: https://en.wikipedia.org/wiki/Bill_Benter - Punting Stars, Alan Woods: https://www.puntingstars.com.au/betting-stars/punting-star-alan-woods - The Monthly, "Mr. Huge" (Dec 2005): https://www.themonthly.com.au/december-2005-january-2006/essays/mr-huge - PaceAdvantage forum thread on the Benter talk: http://www.paceadvantage.com/forum/archive/index.php/t-103258.html