William Benter is a well-known bettor on Hong Kong horse races. He is the author of the paper Computer Based Horse Race Handicapping and Wagering Systems: A Report. In 2010 alone his betting turnover was over HK$70 billion. Benter specialises in the evaluation of race horse ability using a computer based multinomial logit model and taking advantage of pari-mutuel inefficiencies.

In this seminar William talks about the origins of probability theory and its role in gambling. Later he discusses a little about his work in horse race betting.

For more goto http://www.betfairprotrader.co.uk