My chum and mentor Australian Alan Woods, bimanual away on January 28th 2008 on the age of sixty-two. He was, with out a double the world's most profitable horse-racing gambler. It was estimated that on the time of dying final January, he was value over £320m ($670 million US). For twenty years, he was thought to be one of many world's largest betters and was ordinarily named as one of many three superior bettors alive. We referred to as him "Mister Huge".
He didn't see racing as a sport of horses and people, he alone detected it as a by no means ending string of statistics and numbers. He didn't socialize with the higher crust of racing. In reality he could not' even acknowledge frequent name calling of Jockeys, trainers, or vital racing personalities. He would brag that he had not been to a track for over twenty-five years. He was the perfect of the sport and had little curiosity inside the lovely animals that make up the game. Alan was strictly a numbers man. Born in 1945 in Murwillumbah, New South Wales, Alan confirmed an early brilliance for arithmetic. He was a falling better at college and didn't develop play curiosity till afterward. He was a mathematician and labored as an statistician inside the 1970s. His job was to determine how prolonged you'll stay if you happen to smoke-dried two packs a day and didn't train. The coverage firms would then promote you coverage based mostly on his numbers.
In the mid 70's, he was intrigued by perusal a replication of The Revere Point Count Strategy on blackjack card counting. This was his initiation as a severe gambler. For three years he undertook disguises to keep away from identification as he traveled from Australia to Las Vegas, taking part in alone or with groups of blackjack pirates. In 1982 he was bored with the journey, faux identities, and dodging the on line casino bosses, he headed for Hong Kong. He was profitable on the earth of card counting, still it was a drop inside the bucket in comparison with what was forward in horse racing. After investigation what the Computer Group was doing with computer systems in sports activities dissipated, his priorities modified. With few programmers, he would set up a brand new objective and alter the game endlessly. Hong Kong is the proper spot for accomplished gamblers. Racing is managed by the not-for-profit Hong Kong Jockey Club, and is religiously trustworthy. You do not wish to be caught fixing races in China and have the government discover out. Untrue outcomes or race fixing hurts pc calculations. Hong Kong racing options large dissipated swimming pools with a restricted variety of horses and jockeys. He would construct a database, his programmers would write a program and they'd make historical past. Hong Kong racing is filled with a number of unique wagering offering quite few medium of exchange alternatives for pc wizards.
For twenty years, Woods would rise to the zenith of this enterprise and develop into one of many world's largest horse gamers. His groups of pc specialists and cash operational brokers made all of it work. He directed his empire them from a luxurious high-rise condominium in Manila. Over the journey he had his ups and downs still it's reported that in one race day in 1995, Woods made $eight million. It was estimated that inside the 2006-07 season, Woods accounted for two% of the $71.46 billion complete Hong Kong Jockey Club dissipated turnover. His downswing alone got here when he ventured exterior of the Racing world. In the late 1990's, he took a $100-million stock-market hit when he tried to quick the NASDAQ index simply weeks earlier than the bubble really burst. Had he waited sixty extra days, he would have been a billionaire. But it's exhibiting how efficient computer systems may be to the accomplished betters in succeeding at horse racing. Though Alan is gone, one other most cancers sufferer, his bequest will stay on. We will miss you my chum.
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