Racetrack Betting
Racetrack Betting

Author: Peter Asch

Publisher: Greenwood

Published: 1986

Total Pages: 216

ISBN-13:

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A day at the races, with its colorful variety and fact-paced action, appeals to people from all walks of life. Not surprisingly, the idea of going home with a few more dollars than when one arrived is part of horseracing's charm. In this entertaining but substantive volume, two distinguished economists, who happen to be horseracing buffs, outline a tested strategy for placing bets that will increase the reader's chances of a happy outcome at the track. The authors are the first to point out that getting rich at the racetrack is unlikely. They do maintain, however, that with attention to their systematic approach, the racing fan can achieve the best possible chance at winning. In the process, the reader learns some of the most important measurement techniques in the social sciences, as well as the basic methods of market analysis.

Beyer on Speed
Beyer on Speed

Author: Andrew Beyer

Publisher: Houghton Mifflin Harcourt

Published: 2007

Total Pages: 258

ISBN-13: 9780618871728

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Written in Beyer's clean, rapid-fire prose, this book explains how to relate speed figures to such factors as pace, track bias, and track conditions. It discusses exotic wagers such as the pick six and reveals optimal uses of the figures based on computer analysis of more than 10,000 races. Blending colorful anecdotes, it presents a revolutionary way to play the horses.

Efficiency of Racetrack Betting Markets
Efficiency of Racetrack Betting Markets

Author: Donald B. Hausch

Publisher: World Scientific

Published: 2008

Total Pages: 679

ISBN-13: 9812819193

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A reprint of one of the classic volumes on racetrack efficiency, this book is the only one in its field that deals with the racetrack betting market in-depth, containing all the important historical papers on racetrack efficiency. As evidenced by the collection of articles, the understanding of racetrack betting is clearly drawn from, and has correspondingly returned something to, all the fields of psychology, economics, finance, statistics, mathematics and management science.

Exotic Betting At The Racetrack
Exotic Betting At The Racetrack

Author: William T Ziemba

Publisher: World Scientific

Published: 2018-12-21

Total Pages: 489

ISBN-13: 9813278803

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Exotic Betting at the Racetrack is unique as it covers the efficient-inefficient strategy to price and find profitable racetrack bets, along with handicapping that provides actual bets made by the author on essentially all of the major wagers offered at US racetracks. The book starts with efficiency, accuracy of the win odds, arbitrage, and optimal betting strategies. Examples and actual bets are shown for various wagers including win, place and show, exacta, quinella, double, trifecta, superfecta, Pick 3, 4 and 6 and rainbow pick 5 and 6. There are discussions of major races including the Breeders' Cup, Pegasus, Dubai World Cup and the US Triple Crown from 2012-2018. Dosage analysis is also described and used. An additional feature concerns great horses such as the great mares Rachel Alexandra, Zenyatta, Goldikova, Treve, Beholder and Song Bird. There is a discussion of horse ownership and a tour through arguably the world's top trainer Frederico Tesio and his stables and horses in Italy.Related Link(s)

Value Betting at the Racetrack
Value Betting at the Racetrack

Author: David E. Johnson

Publisher: WingSpan Press

Published: 2006

Total Pages: 294

ISBN-13: 1595940782

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Thanks to Dr. Johnson, Professor of Economics and thoroughbred racing scholar, VALUE BETTING has finally been achieved. Overlays can now be identified and bet with confidence. The Valuline is a breakthrough discovery in thoroughbred handicapping and betting because it eliminates the "Information Gap" between selecting horses and the decision whether to bet them. It identifies those win contenders which are the profitable bets, and those which are the losing bets. . Save money by not betting on Angles . Save money by not betting on Underlays . Make money at the races betting Overlays . Discover the Overlays quickly

Economics of Betting Markets
Economics of Betting Markets

Author: David Peel

Publisher: Routledge

Published: 2013-09-13

Total Pages: 130

ISBN-13: 131798823X

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During the last few decades, commercial gambling has increased substantially throughout the Western world. More people than ever before have access to sources of legalised gambling, leading to bumper revenues for the institutions involved. Naturally enough, this has led to an increased interest in the area of the economics of betting. This book addresses the issues raised by the continued growth of the gambling sector. How can we model the behaviour of people who seemingly act irrationally? What are the implications of different tax policies with regard to gambling? Are casinos capable of taking money away from state-run lotteries and the causes they fund? Can bookmakers’ odds be influenced in such a way as to make the gambling market inefficient? The authors in this volume provide insights based on data from many different countries, including England, the USA, Australia, Spain and Cyprus. This volume brings together work which addresses the economic impact of the huge growth of commercial gambling in the Western world, as well as trying to model the cognitive processes which can explain why individuals are prepared to behave in such apparently irrational ways. This book was published as a special issue of Applied Economics. The academic editor of this journal is Mark P. Taylor.

Beat the Racetrack
Beat the Racetrack

Author: William T. Ziemba

Publisher: Echo Point Books & Media

Published: 2019-02-04

Total Pages: 430

ISBN-13: 9781635617443

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Discover the irresistible allure of horse racing and the thrill of winning. This invaluable book shares a proven, easy to learn system that you can use to beat the odds and win big at the racetrack. It helps you determine which horse to pick and what size your wager should be based on tote board data, and it reveals strategies for maximizing your winnings. With clear writing and entertaining real-world examples, authors William Ziemba and Donald Hausch explain the fundamentals of track racing and show how patterns of public inefficiency in betting pools can lead to you reaping big payoffs. Rather than focusing on the complicated details of thoroughbred handicapping, the groundbreaking "Dr. Z" system offers mathematical models based on stock-market analysis. After their initial scientific analysis of historical data from past races, the authors verified their betting method by testing it with real bets--and it worked. It teaches you when to bet and what a good bet is, and advises how much to wager based on your betting stake. When properly applied, the method's average profit per dollar wagered is about 10%. Using it, you will be able to minimize risk and increase your winnings. "This book is for people who want to win. The gambling system it presents is one of the few I have ever seen that I think really works. I am convinced enough to bet my own money on it." Edward O. Thorp, from the book's introduction

The Economics of Gambling
The Economics of Gambling

Author: Leighton Vaughan-Williams

Publisher: Routledge

Published: 2005-09-27

Total Pages: 287

ISBN-13: 1134508387

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This timely and comprehensive book covers all the bases of the economics of gambling and fulfils the increasing need for a study into this most important factor of gambling.