Jump to content

Another interesting gambling story

Recommended Posts

Loved it. Crazy thing is the math that they were using wasn't something super special ... just regression.


I've been reading The Quants and it seems the theme was the first people to apply mathematical analysis to unique data sets (convertible bonds, options, stat arb... horse racing) made tons of money. The main guy in the article was worth over $800mm.


I've read about wine funds, art funds, lottery ticket funds. Who knows how many unique markets there are out there.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...