Precision (Summary) Author C.X. Wong

2 thoughts on “Precision

  1. says:

    This book is a hard read First it was originally written in Chinese and it is clear that the translator's first language is not English because the grammar is incorrect in places Next it is written at above high school reading level and covers statistics formulas that can be difficult to understand at first at least they were for me However I believe this can be a very valuable resource If you already have an understanding of ha

  2. says:

    Nothing like it Covers all the topics with breadth and depth The maths is comprehensive and rigourous The author clearly knows his stuff very well and doesn't hold back Pitfalls and limits of all the maths are well documented and even work arounds prescribed for

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Summary Ý PDF, DOC, TXT, eBook or Kindle ePUB free ↠ C.X. Wong

Combinatorics in Chapter 9 will definitely help the readers The author will share his experiences in betting syndicate in Chapter 10 and tell you how to be a successful professional horseplayer in the last ChapterSome readers may find the mathematics in this book difficult but the free program will take your pain away and do all the calculations You can simply apply all the professional formulae by no than a click and pick your horses like an expert analystAs an awardee in Asian Pacific Mathematics Olympiad the author abandoned his career as an actuary and became a key member in a gambling syndicate This book was reprinted in the 4th edition in Hong Kong ranked #2 in the best selling chart in the international Chinese weekly Yazhou Zhoukan and now available worldwid.

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Precision Statistical and Mathematical Methods in Horse Racing thoroughly discusses the mathematical and statistical methods in handicapping and betting techniues Differentiations combinatorics normal distribution kernel smoothing and other mathematical and statistical tools are introduced The jargons and euations are kept to a minimum so that it is easy to understand for most readers More than 20 professional programs are freely available to download which can allow readers to easily apply the methodology introduced in the bookThis book can be divided into three main parts horse handicapping Chapters 2 6 wagering Chapters 7 9 and theories in practices Chapters 10 11 Chapter 1 will explain why long term gains are possible in horse racing About horse handicapping we w.

Summary Ý PDF, DOC, TXT, eBook or Kindle ePUB free ↠ C.X. Wong

Ill start with analysing racing forms in Chapter 2 Other handicapping factors such as weight carried jockeys trainers and pedigrees will be discussed in Chapter 3 Some advanced statistical methods such as chi suare test and kernel smoothing will be introduced in Chapter 4 to further analyse those handicapping factors discussed in previous chapters The following two chapters are about probability estimations In Chapter 5 normal distribution and multinominal logistic regression are introduced in estimating winning probability of each race horse In Chapter 6 we will talk about some methods in misconceptions in estimating placed probabilityTwo main concepts in wagering Kelly criterion and hedging will be discussed in Chapters 7 and 8 To hit exotic pools those theories in.