William Benter Horse Racing
Bill Benter is the most successful gambler you've never heard of. After being banned from Vegas for beating the house at Blackjack, he turned to Hong Kong w. William Benter (Bill Benter), the wealthiest gambler in the world. Hong Kong Horse Racing Legend. 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 Gambler
- William Benter Horse Racing Software
- William Benter Horse Racing Software
- William Benter Horse Racing
For decades now, horse racing has been one of the most popularly wagered on sporting events in all of sports. The Triple Crown events of this year proved that with record numbers. Before millions of bettors were placing weekly wagers on their favorite NFL teams each and every Sunday throughout the Fall and Winter football season, horse racing was the major drawl for most casinos and betting venues around the country and as sports betting is legalized Racetracks are seeking to revamp that excitement.
Not too much has changed, as betting on horse racing is still a very healthy industry, but it has been past over by sports like the NFL and NBA in terms of most popularly wagered on sporting events.
Much of this has to do with the lack of information available to horse racing. While the average NFL fan is in-tune with the sport enough to know a lot of information just from following their team, horse racing lacks the major network attention, resulting in scarce information about the horses, and a sport with more uninformed bettors than any other.
Bill Benter Gambler
One person who was in a league of their own when it came to picking horse racing winners at a consistent pace, the legendary gambler and horse race bettor, Bill Benter revolutionized the way bettors view horse racing, and changed the way many people wagered on the sport. Bill is a professional gambler and sports bettor, who made the vast majority of his billion dollar fortune from wagering on horse races using his own analytical formula that he designed specifically for picking horse racing winners.
Sign up for a FREE Trial Consultation to start working with Legendary Sports Bettor Jon Price
His formula, which would later be converted into a software program with the help of a friend, is considered to be the standard when it comes to analytics used to pick sporting event winners. Nobody has come close to the sustained and remarkable success that Bill has found in horse racing by applying his knowledge and winning formula to the horse races on a daily basis.
More than just a successful sports bettor, Bill Benter is also an established philanthropist, donating to charitable causes all across the world, particularly in Hong Kong where he lives and has served as President of the Hong Kong Rotary Club, as well as back in his home country of the United States. In addition to his charitable work, he also founded the Benter Foundation to help manage his various philanthropy projects.
Benter and his horse race picking software aren’t just good at picking consistent winners in horse racing, they’re arguably the best to ever do it. 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.
Born in Pittsburgh, Pennsylvania in 1957, Benter discovered from a young age that he had an exceptional knack for mathematics and statistics. He sought out to turn his obvious talents in mathematics into a profitable and sustainable source of income. So after graduating from Case Western University in 1977, he quickly moved to playing Blackjack in Las Vegas casinos and using the card counting technique to win in a big way. After seven years of consistently beating the house and taking Vegas for what it’s worth in Blackjack games, he was eventually banned from most Vegas casinos because of his innate ability to win and win big.
It was around this time after he had been banned from all the major Vegas casinos that Benter met Alan Woods and embarked on a journey to be one of the best gamblers of all time like Zeljko Ranogajec and Jon Price, a like-minded professional gambler who also had a nose for picking horse racing winners at an impressive pace. The two quickly hit it off and began joining forces to wager on various horse races together, until 1984 when they both decided to move to Hong Kong.
The two started with only $150,000, but used their mathematical talents and understanding of statistics to quickly grow their bankroll into a substantial amount, enabling them to place larger, more calculated wagers on horse races.
Using his understanding of statistical analysis, Benter identified the most important variables that most often times coincided with the winning horse of a race. Using this formula that he developed and tweaked as they went along, he amassed a fortune in winning horse racing picks. Many people have estimated his winnings to be in the billion dollar range, while others have it at just short of the billion dollar mark, but regardless of the specific dollar figure, Benter and Mr. Woods used their numerical genius to win themselves millions upon millions during their time in Hong Kong wagering on races.
Publications Covering Bill Benter – Bloomberg News
Benter has been featured in almost every major national publication across the United States, as well as various news network and sports TV shows. Considered to be the Godfather of winning horse racing picks, Benter is a legend in the industry, and has left his mark for the following generations to aim for.
After winning a large fortune in gambling and horse racing winnings over the last few decades, Benter and Woods eventually moved back to the United States, with Benter settling back into his original home of Pittsburgh, Pennsylvania where he would have a child with his wife, Vivian Fung, whom he met in Hong Kong.
While Benter has slowed down some in turns of his gambling, he still heavily relies on his horse racing software to pick winners for him and his close circle of horse racing bettors. Considered to be the greatest software of its kind, it’s kept as a tightly guarded secret amongst those in the know. While many other softwares have been developed in hopes of cracking the code of picking consistent sports betting winners, Bill Benter’s statistical analysis software is still the standard in picking horse racing winners at a staggering rate. Many spin-offs and millionaires have been minted thanks to the Pittsburgh natives mathematical skills. Phoenix, a proprietary sports-betting company based on the Island of Malta in Europe has started a fund that algorthmically bets on pari-mutal races as well as sports. The founder is a former employee of Benter’s. The amount of information you can find online about Phoenix? Zero. This was the same result of Jon Price for years as he was reclusive in gambling circles and fought hard often paying and offering lump sums journalists to stay out of the press for safety concerns.
Other names to see their spin off success are Paul Longmuir and The Susquehanna International Group LLP, – Nellie Analytics Inc.
July 20, 2018American 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. During the 2010 racing season alone the betting turnover reached HK$71.65 billion, on just two racetracks! By comparison, all the thoroughbred racetracks in the U.S. combined take in just over $12 billion.
William Benter's software reportedly assesses hundreds of individual variables for each horse, jockey, trainer and track. Using the results, Benter and his team create their own prices and probabilities, and use these to bet against the general public. With amazing success. The rumours are wild, but estimates are that Bill Benter earns something around US$10,000,000 annually from Hong Kong horse racing.
More than any other industry, Horse Racing is based on emotion and feelings, people place bets based on everything from the horse's name to tips from a friend. Nowhere more than the notoriously supersticious Hong Kong race-tracks. William Benter used computer logic to beat the system, and make millions!
William Benter Biography
Born and raised in Pittsburgh, Pennsylvania, William Benter began using his mathematics skills to count cards. Legend has it that in the mid 1970s Benter came across the book “Beat the Dealer”, memorized it’s strategies and began his professional gambling career at the blackjack tables of Las Vegas.
At the same time Bill Benter was being banned from most of the Vegas’ strip’s casinos (for winning too much money), he met fellow card counter Alan Woods, and the pair decided to have a shot at horse racing.
In 1984, Benter and Woods went Hong Kong, starting with a mere $150,000. The pair relied on their mathematic skill to create a formula for choosing race winners.
When Woods and Benter parted ways, in 1987, Benter refined his computerised probability model. William Benter is now known as having the best statistical handicap method, assigning numerical values to estimate a horse’s probability of winning.
Benter has acknowledged that the increase in computer technology have helped his team’s workload over the years, while greater experience has also allowed this professional punter more accurate betting. For example, while Benter started out examining only 16 variables for each horse in a race, it is now alleged that his team score horses on120 different handicapping factors.
William Benter’s pioneering work with computerized betting, his mathematical skill and knowledge, all have made him one of the most successful gamblers the horse racing industry had ever seen.
William Benter Horse Racing Software
Benter is generous with his fortune, donating to charitable causes both in Hong Kong and America. His has even served as president of his Hong Kong Rotary Club.
Further Reading on William Benter
“The High Tech Trifecta”
By Michael Kaplan, Wired Magazine
Wired Magazine considers the operations of William Benter and his peers in software terms...
http://www.wired.com/wired/archive/10.03/betting_pr.html
“Playing percentages all the way to a billion”
By Max Presnell, The Sydney Morning Herald
Computer betting teams in horse racing in Hong Kong working from mathematical models. This article looks at the strategy of the three biggest punters in the racing industry of all time: William Benter, Alan Woods and Zeljko Ranogajec. And how Benter, Woods and Ranogajec all make billions from horse racing...
http://www.smh.com.au/articles/2009/08/14/1249756405619.html?feed=fairfaxdigitalxml
William Benter Horse Racing Software
“The Life: Hong Kong Betting Syndicates”
By Jay Johnstone, June 2005
Every punter has a system, but few involve 40-strong teams using bespoke software to routinely deliver seriously fat profits. Jay Johnstone looks to Hong Kong for the closest thing to a sure bet...
http://www.pokerplayer.co.uk/sports-betting/horse-racing/137/the_life_hong_kong_betting_syndicates.html
William Benter Horse Racing
“The Winning Edge: A punter's program makes millions trackside”
By Yulanda Chung Hong Kong
This Asia Week article considers that the secret to William Benter’s horse racing success is his gambling software.
http://edition.cnn.com/ASIANOW/asiaweek/technology/2000/1103/tech.computing.html