How This Man Profited $1 Billion Betting on Hong Kong Horse Races - podcast episode cover

How This Man Profited $1 Billion Betting on Hong Kong Horse Races

May 24, 202325 min
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Episode description

Bill Benter, is a reserved unassuming and media-shy Pittsburg resident who made almost 1 billion dollars by gambling on horse races. The man was a mathematical genius who was on the cutting edge of both computer science and statistical modeling so it is widely assumed with his business knowledge that he could have made money just about anywhere, in a rare interview when asked about his success in horse racing he said: “I was driven only partly by money, I believe I probably could have made more money in finance, but that didn’t interest me, I didn’t get into professional horse racing because it was hard, but because it was said to be impossible” Learn more about your ad choices. Visit megaphone.fm/adchoices
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How This Man Profited $1 Billion Betting on Hong Kong Horse Races | Economics Explained podcast - Listen or read transcript on Metacast