January 1993
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246 Reads
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72 Citations
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Citations (1)
... Other notable cases include Benter (2008), who established an algorithm for achieving sustainable profits in horse racing bets; Sumpter (2020) and Pereira (2025), who proposed mathematical models based on data and statistics with a positive expected value over the long term. For a more detailed discussion on how numerous scholars throughout history have managed to "beat the house," the reader is referred to Section 2.10, "Is it Possible to Beat the House?" in Pereira (2025). ...
- Citing Conference Paper
January 1993