$3 Per-Hour to $1 Billion Betting: How Bill Benter Cracked The Code - Gambling Stories

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This is the mind-blowing story of Bill Benter, an American professional gambler who beat the house. He went from playing cards to betting hundreds of millions on horse racing within years. It's an amazing story that all aspiring gamblers just have to see.
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Timestamps
0:00 Bill Benters professional gambling story
1:15 When Benter started card counting
2:11 How Bill Benter and Alan Woods met
2:51 What the Griffin Book means for gamblers
3:25 Worth $10 billion a year
4:04 Bill Benters interest in horse racing
4:39 Hitting hong kong horse racing scene
4:55 Losing $120,000
5:31 The epic comeback
5:59 Making $600,000 profit
6:41 Bill Benters biggest breakthrough
7:30 Winning $50,000,000 on horse racing
8:55 Taxation problems from the government
9:21 Bill Benters biggest ever bet
10:12 Secret betting and why
10:28 Becoming a visiting professor
10:56 Bill Benters philanthropy
Thanks for watching, who would you like in our next gambling stories?
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This video is about Bill Benter a professional gambler who beat the house on horse racing for years.

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Опубликовано:

20 июл 2024

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Комментарии : 47

@CaanBerryProTrader 2 года назад

Here's another crazy story from someone who may have made even more: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-5PMuWmz8V-Q.html

@Madeinlondon67 2 года назад

Hi Caan, I have been considering buying your online course but I keep watching your videos that tell us how many bookies restrict betting amounts that makes it very difficult. Quite a number of years ago I bought a greyhound racing system for £5 that actually worked but I had to sit in smoke filled betting shops everyday as it was before online betting. I tried it online last year and could only get on with super low bets at around £1.50 😂 what’s the point.

@MrMichaeljhinde 2 года назад

Mad to think the horse racing game can be predicted so accurately for so long. Even madder that people took his bets for so long - given that most of us have been massively stake restricted with more than 1 bookie just for having a couple of lucky horse binks in a row!

@georgebuller1914 2 года назад

Don't forget, this was 'way back when' in the days before the bookies cottoned on to the fact that other people too knew how to use computers! LOL

@James-lq1po 2 года назад

I think the Hong Kong gambling was on a public betting exchange… now wouldn’t that be nice, none of those nice people at Flutter interfering 😂

@jamesrav 2 года назад

It was all done on the tote board (parimutuel). Somehow he (and Woods) managed to overcome the 18% track take-out and make a profit on top of that. His white paper is on the web. How much they *netted* is probably still an open question, but they made a lot for sure. He's my hero :)

@pgeezy2396 2 года назад

@@jamesrav White paper?

@jeedub6142 Год назад

@@pgeezy2396 Bill wrote a paper on the process he used. It's essentially based on an original paper from the 1980s about statistical trends in the horse betting markets and form guides. Also, for reference, it's still possible today, there's a guy in Sydney, Australia doing it. (the betting companies allow the bets via parimutuel betting, so they literally don't care if you win as they collect a percentage regardless).

@greencell1968 2 года назад

Hey Caan, great stuff. The 'gambling with an edge' podcast is fantastic, mostly about card counting right enough. Keep those puns coming.

@CaanBerryProTrader 2 года назад

Will have a look.

@AK-ru3sg 2 года назад

Lovely story and very well put together. Thanks for sharing that. I'd never had known about this kind of thing. Glad there are tales like this where the bookies get hammered.

@CaanBerryProTrader 2 года назад

No problems, will do more. We just added another one about people who beat the lottery. Check it out on the channel page.

@seanb-ol3up 2 года назад

Great video mate 👍

@mrtiff99 2 года назад

Great stuff! More content like this please!

@CaanBerryProTrader 2 года назад

Thanks, will think on it :)

@hulkhogan4218 2 года назад

Bill Benter, one of my heroes. Nice vid Caan.

@CaanBerryProTrader 2 года назад

A legend in his own right.

@georgebuller1914 2 года назад

Based on the hammering I've taken on the exchanges in the past few years, I'd say the bugger's still 'out-there!' LOL

@CaanBerryProTrader 2 года назад

Haha, seems like its more of an interesting challenge for him than a case of collecting Lamborghini's or anything like that.

@darrenoconnell9019 2 года назад

Amazing story. Thanks for sharing.

@CaanBerryProTrader 2 года назад

No problem, thanks for the feedback!

@digitalmega99 2 года назад

Great video.This man is a legend!

@CaanBerryProTrader 2 года назад

Thanks, we just added another crazy story. This man is indeed a legend.

@georgebuller1914 2 года назад

5-40: Tut-tut! Showing your military background a little there, young man! LOL

@CaanBerryProTrader 2 года назад

No need to tut it, we're all human! Just a little light humour :)

@georgebuller1914 2 года назад

@@CaanBerryProTrader Maybe so, but I'm an 'oldie' (64 years old) and I think your inuen, inuwen, er - obviously s*xual reference was below the belt old boy! Oo 'eck, you've got me at it now! ;-)

@mikehamilton367 2 года назад

More front than Pamela Anderson.. if you like that one don't forget to smash it down below.... the like button..... the like button 🤣🤣🤣

@CaanBerryProTrader 2 года назад

haha

@aplusmotivation7385 Год назад

Hey mate. Funny you mention card counting , as I’m doing it part time. Your content and channel is very strong and powerful, how can I learn to become pro just like you? Do you have a course I can purchase? Or something that goes step by step ? Or are your RU-vid channel good enough ? The reason why I wanna be very good at this is because I’m living in a country, where sports betting is tax free. I look forward for your answer sir.

@blackville3 2 года назад

Very cool story:)

@CaanBerryProTrader 2 года назад

Cheers, we just added another. Madness!

@clivejbarrett 2 года назад

Bill talks about a time in Hong Kong when his model seemed to have lost it's edge. Turns out the racing club had altered the camber on one of the turns at the track and he hadn't adjusted the model for it. Now, that's track bias for ya!

@CaanBerryProTrader 2 года назад

Interesting, where did you learn this? I'd like to know more about this guy and his approach.

@clivejbarrett 2 года назад

I have watched all of Bill's interviews on YT and read many of his lectures available. Bill talking about 'rolling up your sleeves' is what got me into coding up my own markets down here. I will find the reference to the track upgrade for you.