Horse Betting Profits for Non-Gamblers
Horse Betting Profits for Non-Gamblers Idiot-Proof Betting Method How To Safely Manage $500 & Make Up To $127 In Daily
In this paper we discuss a way to construct a strategy of betting that can generate abnormal returns in horse race betting markets.
Using the theory of discrete choice models and Generalised Additive Models one can build a model to predict the probability of a given horse winning a given race.
The paper further discusses the Kelly betting system as a way of exploiting estimates of winning probabilities so to generate abnormal returns.
