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Cherry Bets – Profitable Horse Racing Betting Systems
A Variety Of Highly Successful Horse Racing Betting Systems Which Have Amassed Well Over 1,500 Points In Total Since Results Were First Published Online In October 2009. Extremely Profitable For Affiliates And Customers.
Cherry Bets – Profitable Horse Racing Betting Systems
Cherry Bets – Profitable Horse Racing Betting Systems
Fortune’s Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
Shannon and MIT mathematician Edward O. Thorp took the “Kelly formula” to Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenonally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett’s rate of return. Fortune’s Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider’s edge.
Shannon believed it was possible for a smart investor to beat the market–and Fortune’s Formula will convince you that he was right.
Fortune’s Formula is a fascinating study of the connections between such seemingly unrelated topics as gambling, information theory, stock investing, and applied mathematics. The story involves the stunning brainpower of men such as MIT professor Claude Shannon, who single-handedly invented information theory, the science behind the Internet and all digital media; Ed Thorpe; and John Kelly of Bell Laboratories, who developed the “Kelly criterion,” a now-legendary investment strategy for maximizing growth while controlling risk. Initially, Shannon and Thorpe took Kelly’s theory to Las Vegas and applied it to roulette and blackjack. Later, they took it to Wall Street and cleaned up–Shannon made a personal fortune while Thorpe created the highly successful hedge firm Princeton-Newport Partners. They both discovered that Kelly’s system was particularly effective when applied to arbitrage (minute price differences that result from market inefficiencies). As Poundstone ably demonstrates, the merits of Kelly’s criterion are still hotly debated today.
Poundstone has a tendency to meander in his writing, but his asides are so revealing and interesting that they add, rather than detract, from the narrative. The book also includes a cast of fascinating and colorful characters as varied as Ivan Boesky, Warren Buffet, Rudolph Giuliani, and notorious mobsters such as Bugsy Siegel and Meyer Lansky. In explaining the lasting impact of the work done by Shannon, Thorpe, and Kelly, Poundstone even explains Kelly’s system for those wishing to follow his formula, offering readers both theoretical and practical lessons. Whether viewed as a how-to guide or straight scientific and financial history, Fortune’s Formula proves an entertaining and illuminating analysis of “the most successful gambling system of all time.” –Shawn Carkonen
Fortune’s Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
Da-vinci Roulette Calculator Bot – Beat Roulette At Any Casino
The Da-vinci Roulette Calculator Is A Robust Automatic Roulette Betting Software Application That Works As An Automatic Money Making Machine. You Can Add Any Casino, Build Systems And More… Start Winning At Roulette Today With Da-vinci – New To 2013.
Da-vinci Roulette Calculator Bot – Beat Roulette At Any Casino
Da-vinci Roulette Calculator Bot – Beat Roulette At Any Casino
Betting Systems
Cherry Bets - Profitable Horse Racing Betting Systems
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