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Dr. Z's Beat the Racetrack - Paperback | Diverse Reads

Dr. Z's Beat the Racetrack

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Discover the irresistible allure of horse racing and the thrill of winning. This invaluable book shares a proven, easy to learn system that you can use to beat the odds and win big at the racetrack. Focusing on place and show betting, it helps you determine which horse to pick and what size your wager should be based on tote board data, and it reveals strategies for maximizing your winnings.
With clear writing, informative graphs, and a wealth of fascinating real-world examples, authors William Ziemba and Donald Hausch explain the fundamentals of track racing and show how patterns of public inefficiency in betting pools can lead to you reaping big payoffs. Rather than focusing on the complicated details of thoroughbred handicapping, the groundbreaking "Dr. Z" system they offer uses mathematical models based on stock-market analysis. It teaches you when to bet and what a good bet is, and advises how much to wager based on your betting stake. When properly applied, the method's average profit per dollar wagered is about 10%. Using it, you will be able to minimize risk and increase your likelihood of winning consistently!
This updated and revised edition includes extra material such as analysis of Kentucky Derby results from '82, '84, '85, and '86, and additional analysis of the effects of pedigree on race results. It offers documented proof of how the authors and others successfully used their easy to learn system over a period of years at tracks throughout North America.

ISBN-13: 9781635617498

Media Type: Paperback

Publisher: Echo Point Books & Media

Publication Date: 02-04-2019

Pages: 526

Product Dimensions: 6.00(w) x 9.00(h) x 1.06(d)

William T. Ziemba is professor of management science at the University of British Columbia, Vancouver, Canada. He is an expert in operations research and portfolio management and has served as consultant to the Canadian government on lotteries and pari-mutuel betting systems. Donald B. Hausch has a doctorate in managerial economics and decision sciences from Northwestern University, and is currently teaching in the School of Business at the University of Wisconsin, Madison. Hausch has co-authored two books and two edited volumes, and written numerous articles that have been published in the American Economic Review, Review of Financial Studies, International Economic Review, Management Science, Journal of Business, Journal of Applied Corporate Finance, Economic Theory, RAND Journal of Economics, and other journals. He was an associate editor of Management Science for 10 year. He has consulted for the World Bank on the resolution of systemic financial distress, and he received a Vilas Research Award from the University of Wisconsin-Madison. His research has explored the game-theoretic analysis of auctions and competitive bidding, with a special focus on information acquired prior to and discerned through the auction process itself. He also has researched bankruptcy reorganization and financial restructuring through negotiations and security design, the design of contracts and their ability to achieve efficient trade outcomes, and an empirical investigation of market inefficiency.

Table of Contents

FOREWORD BY EDWARD O. THORP

ACKNOWLEDGMENTS

INTRODUCTION

1 Discovery of the Dr. Z System

2 Betting at the Races

3 Applying Stock Market Efficiency Concepts to Horseracing Betting Markets

4 Finding Profitable Place and Show Bets

5 How Much Should You Bet?

6 Using the Dr. Z System at the Racetrack

7 Using the Dr. Z System in Other Situations

8 A Great Race: John Henry versus Lemhi Gold in the Oak Tree Invitational at Santa Anita, October 31, 1982

9 Results of Computer Studies Using the Dr. Z System over Long Periods

10 The Kentucky Derby: The Most Exciting Two Minutes in Sports

11 A Great Day for Canada: Sunny’s Halo Wins the 1983 Kentucky Derby

12 Derby Day 1982, 1984, 1985, and 198

13 Betting on Favorites

14 A Typical Day at the Races: Making the Best Bet in Each Race, Hollywood Park, May 30, 1982

15 Minus Pools

16 Refinements to the Basic Dr. Z System

17 Epilogue

APPENDIXES

A Thoroughbred Racetracks in North America: Seasons, Purses, Betting, and Track Takes

B Mathematics of the Dr.Z System

C Dosage Analysis: How to Pick the Winner of the Ken- tucky Derby

BIBLIOGRAPHY

INDEX