Bill Benter

[accountinquestion]

I read his Wiki info, and a couple of other links. Very, very sparse. Almost KJ-esque, all that winning, and the supposed 100 million on a single ticket that he didn't even collect. Just couldn't bring himself to do it because he just knew that he would win 100's more millions, anyway. Lol. Desperate people gotta believe whatever's on the internet.

It was a very big story covered by dozens of news outlets. But you can always call the Hong Kong Racing Commission if you don't believe it. It'll be a great opportunity for you to rub mud in our faces.

Prime example of why I barely read garnaby's posts.

[redietz]

Unlike the states, Honk Kong racing is the epitome of above board. Minimal drugs, no cheating, no wink-winks. If your horse underperforms, you are tasked with appearing before a panel to explain why, and it is a serious inquiry. Jockeys are not allowed to "ride rough," and must also explain themselves if they screw up during a race.

The states could learn a thing or three.

[Garnabby]

Red always talks about other stuff, and, A=0 IQ always talks about what he doesn't do. Hmm.

[accountinquestion]

Red always talks about other stuff, and, A=0 IQ always talks about what he doesn't do. Hmm.

You don't believe I barely read your posts?

[Garnabby]

Red always talks about other stuff, and, A=0 IQ always talks about what he doesn't do. Hmm.

You don't believe I barely read your posts?

I primarily meant what "turns you on". Posters spend decades on the forums without ever giving a reason for living. I live for a working TOE, one that fits in with the real data. However wacky it seems, and, which I at least mentioned a few times on long-defunct forums.

[redietz]

Red always talks about other stuff, and, A=0 IQ always talks about what he doesn't do. Hmm.

You don't believe I barely read your posts?

I primarily meant what "turns you on". Posters spend decades on the forums without ever giving a reason for living. I live for a working TOE, one that fits in with the real data. However wacky it seems, and, which I at least mentioned a few times on long-defunct forums.

LOL. And I live to get laid like Bond, turn green like Banner, and dance like Baryshnikov.

I have the better shot, of course.

[accountinquestion]

You don't believe I barely read your posts?

I primarily meant what "turns you on". Posters spend decades on the forums without ever giving a reason for living. I live for a working TOE, one that fits in with the real data. However wacky it seems, and, which I at least mentioned a few times on long-defunct forums.

LOL. And I live to get laid like Bond, turn green like Banner, and dance like Baryshnikov.

I have the better shot, of course.

No fucking clue what you're going on about but at least you got Garnabby on your side.

Winner.

[Garnabby]

I primarily meant what "turns you on". Posters spend decades on the forums without ever giving a reason for living. I live for a working TOE, one that fits in with the real data. However wacky it seems, and, which I at least mentioned a few times on long-defunct forums.

LOL. And I live to get laid like Bond, turn green like Banner, and dance like Baryshnikov.

I have the better shot, of course.

No fucking clue what you're going on about but at least you got Garnabby on your side.

My avatar doesn't involve Red, or Singer. But, as usual, A=0 IQ tries to evade the real question.

[accountinquestion]

LOL. And I live to get laid like Bond, turn green like Banner, and dance like Baryshnikov.

I have the better shot, of course.

No fucking clue what you're going on about but at least you got Garnabby on your side.

My avatar doesn't involve Red, or Singer. But, as usual, A=0 IQ tries to evade the real question.

Please make me aware of this real question so I can ponder answering it.

No, not giving you my phone number or any identifiable personal information.

[mickeycrimm]

I read his Wiki info, and a couple of other links. Very, very sparse. Almost KJ-esque, all that winning, and the supposed 100 million on a single ticket that he didn't even collect. Just couldn't bring himself to do it because he just knew that he would win 100's more millions, anyway. Lol. Desperate people gotta believe whatever's on the internet.

Benter announced before he bet that he wouldn't cash the ticket if he won. He bet 51,000 combinations out of 10,000,000 which cost 1.6 million. The award was 118 million. The biggest story to ever come out of Hong Kong Horse Racing. The winner not appearing to take the money was also part of the story.

Guess what Hong Kong Racing does with money not collected by winners. By law it goes to charity. So Benter made a 118 million dollar donation.

It's not a "supposed story," Garnabby. Do your research. Not only did Hong Kong Racing Commision not deny the story, they kept trying to get the winner to come forward. Such a story cannot be fabricated and hold up to any scrutiny.

Instead of just saying the story is false why don't you dig up hard evidence that it is false and present it to us? Should be easy to do if the story is really false.

[MisterV]

Posters spend decades on the forums without ever giving a reason for living. I live for a working TOE, one that fits in with the real data. However wacky it seems, and, which I at least mentioned a few times on long-defunct forums.

[Garnabby]

I read his Wiki info, and a couple of other links. Very, very sparse. Almost KJ-esque, all that winning, and the supposed 100 million on a single ticket that he didn't even collect. Just couldn't bring himself to do it because he just knew that he would win 100's more millions, anyway. Lol. Desperate people gotta believe whatever's on the internet.

Benter announced before he bet that he wouldn't cash the ticket if he won. He bet 51,000 combinations out of 10,000,000 which cost 1.6 million. The award was 118 million. The biggest story to ever come out of Hong Kong Horse Racing. The winner not appearing to take the money was also part of the story.

Guess what Hong Kong Racing does with money not collected by winners. By law it goes to charity. So Benter made a 118 million dollar donation.

It's not a "supposed story," Garnabby. Do your research. Not only did Hong Kong Racing Commision not deny the story, they kept trying to get the winner to come forward. Such a story cannot be fabricated and hold up to any scrutiny.

Instead of just saying the story is false why don't you dig up hard evidence that it is false and present it to us? Should be easy to do if the story is really false.

Come on, Mickey, get your story straight. I very quickly found five-for-five fairly different stories. Ha.

Benter won 10 million dollars and wrote a letter to the organisers telling them that he had the winning ticket, but did not want to cash in on it.

This implied donating it to charity as winning no longer mattered to Bill, who just wanted to make it clear by now that his algorithm was almost infallible.

https://www.marca.com/en/lifestyle/2...99b8b458c.html

In 2001 Benter’s increasingly accurate model led him to win the Triple Trio, a cumulative bet in which players must accurately predict the first three horses in three different races.

With more than 10 million possible winning combinations, the Triple Trio stood as the ultimate proof that Benter’s model was a sensational success.

His winnings for the Triple Trio alone totaled $16 million, a vast sum of money that he decided to leave unclaimed.

https://www.casino.org/blog/bill-benter/

Triple Trio punter forfeits $118m win
Published: 12:00am, 9 Jan, 2002

A winning punter has missed out on a record $118 million jackpot after failing to claim on a Triple Trio bet placed last year.

Under Jockey Club rules the $30 winning ticket on the correct Triple Trio combination, which paid $38,577,504 for every $10 ticket, at the Happy Valley meeting on November 6 became void at the weekend after the 60-day claim period expired. The money will now go to charity.

'If someone has paid for their ticket with cash over the counter, as this one did, we have no way of knowing who had the winning bet unless they come to collect it,' said Jockey Club executive director of betting Henry Chan.

'Every day, every race meeting, we have unclaimed dividends, and under the rules those dividends are transferred after 60 days to the account which is paid to charitable organisations. So, although this is bad luck for one winner, it means there will be a lot of winners through the charities,' said Mr Chan.

Possible explanations for the failure to claim are that the holder of the winning ticket lost it or that the bet was marked by accident and the winner was not aware of having placed it.

But the punter was not just a small-time investor. With $30 on each of 1,350 combinations of runners, the winning ticket cost $40,500.

The $30 bet is believed to be the biggest amount ever placed on a winning Triple Trio combination. The winnings certainly became the record unclaimed ticket amount, dwarfing a $38 million Mark Six first prize forfeited in December 1998.

Because Bill made so much money, the Jockey Club knew that if the word got out that a foreign-owned specialist computer team was gaining all the money from the betting pool to the detriment of the average bettor, it might discourage individuals to go horse betting. This is why they banned Bill Benter from the Jockey Club.

He didn’t even pick up the prize
Just after he had been banned, they placed their last bets on a record jackpot. They spent over $100 thousand to place 50 000 different bets. The odds of the jackpot were 10 million to 1.

They had 30 different winning bets including 1 which won the entire jackpot. They didn’t even pick up the $20 million prize, they did it to test how good their model was.

Final thoughts

Bill Benter truly changed the gambling industry. At the time, people were gambling randomly. But today there are computer teams all over the world trying to predict the future outcomes of games.

https://medium.com/illumination/the-...n-c4ad085e1cdc

Bill Benter did the impossible: He wrote an algorithm that couldn’t lose at the track. Close to a billion dollars later, he tells his story for the first time.

By Kit Chellel
May 3, 2018 at 5:00 AM GMT-4

Veteran gamblers know you can’t beat the horses. There are too many variables and too many possible outcomes. Front-runners break a leg. Jockeys fall. Champion thoroughbreds decide, for no apparent reason, that they’re simply not in the mood. The American sportswriter Roger Kahn once called the sport “animated roulette.” Play for long enough, and failure isn’t just likely but inevitable—so the wisdom goes. “If you bet on horses, you will lose,” says Warwick Bartlett, who runs Global Betting & Gaming Consultants and has spent years studying the industry.

What if that wasn’t true? What if there was one person who masterminded a system that guaranteed a profit? One person who’d made almost a billion dollars, and who’d never told his story—until now?

In September, after a long campaign to reach him through friends and colleagues, I received an email from Benter. “I have been avoiding you, as you might have surmised,” he wrote. “The reason is mainly that I am uncomfortable in the spotlight by nature.” He added, “None of us want to encourage more people to get into the game!” But in October he agreed to a series of interviews in his office in downtown Pittsburgh. The tasteful space—the top two floors of a Carnegie Steel-era building—is furnished with 4-foot-tall Chinese vases and a marble fireplace, with sweeping views of the Monongahela River and freight trains rumbling past.

Benter, 61, walks with a slight stoop. He looks like a university professor, his wavy hair and beard streaked with gray, and speaks in a soft, slightly Kermit-y voice. He told me he’d been driven only partly by money—and I believed him. With his intelligence, he could have gotten richer faster working in finance. Benter wanted to conquer horse betting not because it was hard, but because it was said to be impossible. When he cracked it, he actively avoided acclaim, outside the secretive band of geeks and outcasts who occupy his chosen field. Some of what follows relies on his recollections, but in every case where it’s been possible to corroborate events and figures, they’ve checked out in interviews with dozens of individuals, as well as in books, court records, and other documents.

https://www.bloomberg.com/news/featu...se-racing-code

In addition, no mention of Benter in the https://largest.org/misc/biggest-win...bling-history/

Or, specifically in horse racing at, https://sports.betmgm.com/en/blog/ar...acing-history/

The Biggest Win From a Single Bet
Conor Murphy wasn’t your typical high-roller or millionaire mogul; this man spent his life working with horses, understanding their every twitch, their every breath. He wasn’t one to bet often, but on a day in December 2011, he felt a spark, an intuition. He decided to place an accumulator bet on five horses that were performing exceptionally well. The horses belonged to the stable of Murphy’s boss, Mr. Henderson.

He placed a £50 bet on all five horses, even though the odds were stacked against him. The tension was palpable as the races began. One by one, each horse crossed the finish line in first place. Can you imagine the thrill, the adrenaline rush, the sheer disbelief?

Murphy’s small £50 bet had turned into a fortune of £1.2 million. It was the biggest win from a single bet in horse racing history. He was no longer just a stable worker; he had become a legend in the horse racing betting community. And the most amazing part? His life was forever changed by the horses he had worked with and cared for.

But, still, going by only the stories above alone, with a 1 in 200 chance of winning, especially if he tried that bet only the one time, and, so, without any thus advantage to speak of. Much, much more likely that something else went, and is going, on.


Garnabby Garnabby is online now
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Garnabby's AvatarJoin Date
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[mickeycrimm]

Come on, Mickey, get your story straight. I very quickly found five-for-five fairly different stories. Ha.

Benter won 10 million dollars and wrote a letter to the organisers telling them that he had the winning ticket, but did not want to cash in on it.

This implied donating it to charity as winning no longer mattered to Bill, who just wanted to make it clear by now that his algorithm was almost infallible.

https://www.marca.com/en/lifestyle/2...99b8b458c.html

In 2001 Benter’s increasingly accurate model led him to win the Triple Trio, a cumulative bet in which players must accurately predict the first three horses in three different races.

With more than 10 million possible winning combinations, the Triple Trio stood as the ultimate proof that Benter’s model was a sensational success.

His winnings for the Triple Trio alone totaled $16 million, a vast sum of money that he decided to leave unclaimed.

https://www.casino.org/blog/bill-benter/

Triple Trio punter forfeits $118m win
Published: 12:00am, 9 Jan, 2002

A winning punter has missed out on a record $118 million jackpot after failing to claim on a Triple Trio bet placed last year.

Under Jockey Club rules the $30 winning ticket on the correct Triple Trio combination, which paid $38,577,504 for every $10 ticket, at the Happy Valley meeting on November 6 became void at the weekend after the 60-day claim period expired. The money will now go to charity.

'If someone has paid for their ticket with cash over the counter, as this one did, we have no way of knowing who had the winning bet unless they come to collect it,' said Jockey Club executive director of betting Henry Chan.

'Every day, every race meeting, we have unclaimed dividends, and under the rules those dividends are transferred after 60 days to the account which is paid to charitable organisations. So, although this is bad luck for one winner, it means there will be a lot of winners through the charities,' said Mr Chan.

Possible explanations for the failure to claim are that the holder of the winning ticket lost it or that the bet was marked by accident and the winner was not aware of having placed it.

But the punter was not just a small-time investor. With $30 on each of 1,350 combinations of runners, the winning ticket cost $40,500.

The $30 bet is believed to be the biggest amount ever placed on a winning Triple Trio combination. The winnings certainly became the record unclaimed ticket amount, dwarfing a $38 million Mark Six first prize forfeited in December 1998.

Because Bill made so much money, the Jockey Club knew that if the word got out that a foreign-owned specialist computer team was gaining all the money from the betting pool to the detriment of the average bettor, it might discourage individuals to go horse betting. This is why they banned Bill Benter from the Jockey Club.

He didn’t even pick up the prize
Just after he had been banned, they placed their last bets on a record jackpot. They spent over $100 thousand to place 50 000 different bets. The odds of the jackpot were 10 million to 1.

They had 30 different winning bets including 1 which won the entire jackpot. They didn’t even pick up the $20 million prize, they did it to test how good their model was.

Final thoughts

Bill Benter truly changed the gambling industry. At the time, people were gambling randomly. But today there are computer teams all over the world trying to predict the future outcomes of games.

https://medium.com/illumination/the-...n-c4ad085e1cdc

Bill Benter did the impossible: He wrote an algorithm that couldn’t lose at the track. Close to a billion dollars later, he tells his story for the first time.

By Kit Chellel
May 3, 2018 at 5:00 AM GMT-4

Veteran gamblers know you can’t beat the horses. There are too many variables and too many possible outcomes. Front-runners break a leg. Jockeys fall. Champion thoroughbreds decide, for no apparent reason, that they’re simply not in the mood. The American sportswriter Roger Kahn once called the sport “animated roulette.” Play for long enough, and failure isn’t just likely but inevitable—so the wisdom goes. “If you bet on horses, you will lose,” says Warwick Bartlett, who runs Global Betting & Gaming Consultants and has spent years studying the industry.

What if that wasn’t true? What if there was one person who masterminded a system that guaranteed a profit? One person who’d made almost a billion dollars, and who’d never told his story—until now?

In September, after a long campaign to reach him through friends and colleagues, I received an email from Benter. “I have been avoiding you, as you might have surmised,” he wrote. “The reason is mainly that I am uncomfortable in the spotlight by nature.” He added, “None of us want to encourage more people to get into the game!” But in October he agreed to a series of interviews in his office in downtown Pittsburgh. The tasteful space—the top two floors of a Carnegie Steel-era building—is furnished with 4-foot-tall Chinese vases and a marble fireplace, with sweeping views of the Monongahela River and freight trains rumbling past.

Benter, 61, walks with a slight stoop. He looks like a university professor, his wavy hair and beard streaked with gray, and speaks in a soft, slightly Kermit-y voice. He told me he’d been driven only partly by money—and I believed him. With his intelligence, he could have gotten richer faster working in finance. Benter wanted to conquer horse betting not because it was hard, but because it was said to be impossible. When he cracked it, he actively avoided acclaim, outside the secretive band of geeks and outcasts who occupy his chosen field. Some of what follows relies on his recollections, but in every case where it’s been possible to corroborate events and figures, they’ve checked out in interviews with dozens of individuals, as well as in books, court records, and other documents.

https://www.bloomberg.com/news/featu...se-racing-code

In addition, no mention of Benter in the https://largest.org/misc/biggest-win...bling-history/

Or, specifically in horse racing at, https://sports.betmgm.com/en/blog/ar...acing-history/

The Biggest Win From a Single Bet
Conor Murphy wasn’t your typical high-roller or millionaire mogul; this man spent his life working with horses, understanding their every twitch, their every breath. He wasn’t one to bet often, but on a day in December 2011, he felt a spark, an intuition. He decided to place an accumulator bet on five horses that were performing exceptionally well. The horses belonged to the stable of Murphy’s boss, Mr. Henderson.

He placed a £50 bet on all five horses, even though the odds were stacked against him. The tension was palpable as the races began. One by one, each horse crossed the finish line in first place. Can you imagine the thrill, the adrenaline rush, the sheer disbelief?

Murphy’s small £50 bet had turned into a fortune of £1.2 million. It was the biggest win from a single bet in horse racing history. He was no longer just a stable worker; he had become a legend in the horse racing betting community. And the most amazing part? His life was forever changed by the horses he had worked with and cared for.

But, still, going by only the stories above alone, with a 1 in 200 chance of winning, especially if he tried that bet only the one time, and, so, without any thus advantage to speak of. Much, much more likely that something else went, and is going, on.


Garnabby Garnabby is online now
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Garnabby's AvatarJoin Date
Aug 2020
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Thanks for proving my claim. Pay attention to the Jockey Club press release and not the mistakes of journalists. Learn to determine what is signal and what is noise.

[redietz]

The story above has ramifications and connections to other people and events. Do you remember what I asked you regarding one of the Sports Gambling Hall of Fame entrants when you posted regarding the Circa pre-season conference?

He had been MIA from Las Vegas for a decade...working on "stuff." Guess what stuff.

[Garnabby]

Thanks for proving my claim. Pay attention to the Jockey Club press release and not the mistakes of journalists. Learn to determine what is signal and what is noise.

Now you're making as much sense as old Red, but with even fewer links. Ha.

[redietz]

Thanks for proving my claim. Pay attention to the Jockey Club press release and not the mistakes of journalists. Learn to determine what is signal and what is noise.

Now you're making as much sense as old Red, but with even fewer links. Ha.

One would think a dude working on a Theory of Everything would want to find his own links.

And surely a TOA guy realizes that doing your own research (including finding your own links) improves your memory of the information gleaned. Plus it forces you to at least follow a relationship chain regarding the information. Completely different mental process from point-and-click.

Look it up. LOL. And find your own links. I'm surprised, flabbergasted really, that someone as erudite as Garnabby hasn't read up on the intellectual/memory/processing drawbacks to point-and-click reading. Even things as simple as writing on a legal pad versus composing on a laptop fire very different neural patterns. Catch up, Barnabby, catch up. Don't become a point-and-click retard.

[Garnabby]

Again, it's not my claim to prove, but, a few counter examples (with links, and lucid reasoning) went a long way to allay any doubts.

[mickeycrimm]

Again, it's not my claim to prove, but, a few counter examples (with links, and lucid reasoning) went a long way to allay any doubts.

It's not my point to prove either. You can believe it or not. I don't care which.

[mickeycrimm]

The story above has ramifications and connections to other people and events. Do you remember what I asked you regarding one of the Sports Gambling Hall of Fame entrants when you posted regarding the Circa pre-season conference?

He had been MIA from Las Vegas for a decade...working on "stuff." Guess what stuff.

To lazy to give the person's name?

[redietz]

The story above has ramifications and connections to other people and events. Do you remember what I asked you regarding one of the Sports Gambling Hall of Fame entrants when you posted regarding the Circa pre-season conference?

He had been MIA from Las Vegas for a decade...working on "stuff." Guess what stuff.

To lazy to give the person's name?

That must be it. Typing fatigue. I notice you missed an "o" in "Too." We both should rest up.