Life and Art from FT Weekend cover image

The secret gamblers using AI to hack horse racing

Life and Art from FT Weekend

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The Secretive Elite Turf Club

6 to 12 secretive teams now account for $4 billion a year. That's a third of all the money bet annually on all horse racing in the US. These computer assisted players are very, I would say infamous for placing all their bets at the last possible second.

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