horse playing as a profession

[stellastar31]

JERRY OR ANY ONE ELSE ON THIS PANEL AS I READ THE INSIGHTS OF ALL YOU ON A DAILY BASIS, I LEARN FROM EACH ONE YOU DIFFERANT APPROACHES TO THE GAME OF HORSEPLAYING ,I JUST READ AN ARTICLE OF A PLAYER CALLED THE WIZARD OF ODDS HIS NAME WAS ERNIE DAHLMAN HOW HE BETS 10-18 MILLION AYEAR , HE WAS FROM LONGISLAND BETTING IN AHAUPPAGE OTB UNTIL VEGAS LURED HIM TO THE CASINO WITH REBATES SINCE PLAYS ONLY EXACTAS AND THE TAKEOUT WENT FROM 17 TO 20 PERCENT WITH MONEY BEING BET HE WAS LOSING 300000 AYEAR IN TAKE OUT VEGAS GIVES HIM 1-2PERCENT BACK AYEAR ,HE LOOKS TO MAKE 5-7 PERCENT ON MONEY BEING BET FOR AN INCOME OF ROUGHLY 700000 AYEAR MY QUESTION JERY IS HE A HORSEPLAYER WITH INSIGHT OR IS IT HE BETS SO MANY COMBINATIONS THAT IT HE WINS MORE THAN HE LOSES IT STATES HES A MATH EXPERT THAT RUNS ALL COMBINATIONS USING THE SHEETS RACING FORM ,IT WAS AN EXCELLANT ARTICLE WRITTEN IN THE NEW YORK TIMES 2001 IF ANY OF YOU HAVE HEARD OF THIS GENTLEMAN I WILL LOOK FORWARD TO ANY INSIGHT TO HOW HE COULD BET THAT KIND MONEY ,ARTICLE STATES THERE IS A GENTLEMAN IN NORTH DAKOTA WHO HAS A COMPUTER PROGRAM CHARTING EXACTAS LOOKING FOR BETTING PATTERNS AND HE ALSO IS A BIG GAMBLER THANKS TO ALL STELLA

[TGJB]

Ernie has made a living betting horses for a long time, starting with the trotters and switching to thoroughbreds in the 80\'s. My understanding is that he plays mostly exactas and grinds out a profit. The Times article goes back a long way and pre-dates the current crew of \"computer\" bettors, like the one I mentioned yesterday. Note that those guys use the computers to compare the handicappers line to the real odds to look for overlays and place the bets,not to handicap.

[purplemike]

the best i\'ve ever seen charting exactas was doc

[BH]

http://www.wired.com/wired/archive/10.03/betting.html

[miff]

Read this some time ago and it points out an awful lot regarding how high tech the game may become.