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  2. Jockey Challenge - Wikipedia

    en.wikipedia.org/wiki/Jockey_Challenge

    Jockey Challenge is a betting option in horse racing in Hong Kong.. Jockey Challenge involves using a Fixed Odds bet type. Once a bet is placed, the dividend is calculated according to the odds fixed at the time the bet is accepted and will not be affected by any subsequent change in odds.

  3. Betting on horse racing - Wikipedia

    en.wikipedia.org/wiki/Betting_on_horse_racing

    Hong Kong generates the largest horse racing revenue in the world and is home to some of the largest horse betting circles including the Hong Kong Jockey Club founded in 1884. In 2009, Hong Kong generated an average US$ 12.7 million in gambling turnover per race 6 times larger than its closest rival France at US$2 million while the United ...

  4. Longitude LLC - Wikipedia

    en.wikipedia.org/wiki/Longitude_LLC

    Optimism for bumper new racing season, says Jockey Club chief Winfried Engelbrecht-Bresges. – July 16, 2016; Putting on a show for the world as more punters want a piece of Hong Kong. – December 9, 2016; Betting on Britain: Jockey Club sees great growth with commingling expected to hit HK$12b a year. – July 18, 2017

  5. Alan Woods (gambler) - Wikipedia

    en.wikipedia.org/wiki/Alan_Woods_(gambler)

    Alan Woods (1945 – 26 January 2008) was an Australian and Hong Kong professional gambler and mathematician considered among the biggest gamblers in the world. Woods focused on blackjack and betting on horse racing .

  6. Starting price - Wikipedia

    en.wikipedia.org/wiki/Starting_price

    In horse racing and greyhound racing, the starting price (SP) is the odds prevailing on a particular entry in the on-course fixed-odds betting market at the time a race begins. The method by which SPs are set for each runner varies in different countries but is generally by consensus of an appointed panel on the basis of their observations of ...

  7. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    This leaves a remaining amount of $881.51. This remaining amount in the pool is now distributed to those who wagered on Outcome 4: $881.51 / $110.00 = 8.01 ≈ $8 payout per $1 wagered. This payout includes the $1 wagered plus an additional $7 profit. Thus, the odds on Outcome 4 are 7-to-1 (or, expressed as decimal odds, 8.01).

  8. Hong Kong Jockey Club - Wikipedia

    en.wikipedia.org/wiki/Hong_Kong_Jockey_Club

    The Hong Kong Jockey Club (HKJC) was founded in 1884 and is one of the oldest institutions in Hong Kong. In 1960, it was granted a royal charter and renamed The Royal Hong Kong Jockey Club (英皇御准香港賽馬會). The institution reverted to its original name in 1996 due to the handover of Hong Kong in 1997. Membership of the club is by ...

  9. Bill Benter - Wikipedia

    en.wikipedia.org/wiki/Bill_Benter

    Benter then met with Alan Woods, a like-minded gambler whose expertise in horse racing complemented his own in computers. The two became racing partners and in 1984, moved to Hong Kong. [ 3 ] Starting with US$150,000 (equivalent to US$ 439,910 in 2023), the pair relied on their mathematical skill to create a formula for choosing race winners.