He's best known for his role in the horse racing betting market. He is from United States. Don't let your learning progress stop here. Also learn how He earned most of networth at the age of 63 years old? At the time of his death, his net worth was over $670 million AUD, which is about 400 million. , money, salary, income, and assets. Bill Benter Height, Weight & Measurements. Bill Benter is one of only a few who has managed to master the world of betting on Horse Racing. In this market, Benter earns an estimated $100 million per year.6 Jan 2022 How does benter make money? Bill Benter Net Worth = $1 Billion Bill Benter is a famous American and Hong Kong professional gambler and philanthropist. Bill Benter resulted in net profits for four out of five seasons and the loss incurred during the losing season was around 20% of starting capital. Hes once said, I was always looking for ways to improve my software, adding more variables to improve my bets.. We recommend you to check the complete list of Famous People born on . The best way to beat the competition in your market is by improving your products regularly. He is also a Fellow of the Royal Statistical Society and has presented papers at a number of international conferences, as well as delivering lectures at The Chinese University of Hong Kong (1999, 2001, 2002), Stanford University (2002 . . 1. Bill Benter's income source is mostly from being a successful . He joined the Computer Group later in the 80s, using computer analysis to analyze the outcomes of sporting events. Sometimes you go down, and other times you go up. Almighty God will replenish your energy and time used. Bill Benter (William Benter) was born on 1957 in Pittsburgh, Pennsylvania, United States, is a professorBusinessmanGambler. Benter earned nearly $1billion through the development of one of the most successful analysis computer software programs in the horse racing market. Hinterlasse eine Casino Royale Stream Antworten Wettbro Mord Berlin Deine E-Mail-Adresse wird nicht verffentlicht. Discover Bill Benters Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Professor Bill Benter is currently Chairman and International CEO of Acusis LLC, Pittsburgh, Pennsylvania. As an Amazon Associate we earn from qualifying purchases. Bill Benter He can use his software to analyse computer programs in horse racing market. Pitt has received a $1 million gift from Pittsburgh business executive William F. Benter to establish The University Center for International Studies (UCIS) Endowed Visiting Professorship in Contemporary International Issues. With a net worth that hits the roof and his exceptional services to world gambling, Bill Benter is no doubt the finest gambler the world has seen. [18][19], In 2012, Benter donated one million dollars to the University of Pittsburgh. Pittsburgh Business Executive William F. Benter's $1M Gift Creates Visiting Professorship. As at 2022, Bill Benter net worth value at $1 Billion. Please only use it for a guidance and Bill Benter's actual income may vary a lot from the dollar amount shown above. He is seen as one of the most successful gambler of all times. He's also the man behind a successful computer software program that helps him analyze and win bets in horse races. Benter was always drawn to games of chance and saw "cracking their code" as a unique challenge that could, one day, make him rich. Thus, you shouldnt be comfortable if other people are ahead of you because you can be ahead of them as well. 4 Bill Benter meets Alan Woods. [7] Refining his software he ended up winning $600,000 in 1988 and hit $3 million in profits the following year. [21], In 2016, The Washington Post reported the Benter raised US$100,000 for A New Voice for Maryland, a pro-Joel Rubin group for Democratic nomination in Maryland's 8th Congressional District. Benter is a Philanthropist who contributed largely to Charity and Political groups. Some people get disappointed in life because they assume the journey to success is about winning all the time. Benter moved to Hong Kong and crafted a formula for guessing the results of horse races with fellow mathematician Alan Woods. At 65 years old, Bill Benter height not available right now. He is a member of famous with the age 64 years old group. His role in the horse racing betting market, "I have been avoiding you, as you might have surmised. Close to a billion dollars later, he tells his system. Bill Benter is a famous American and Hong Kong professional gambler and philanthropist. [1], Benter has served as president of Hong Kong Rotary Club,[2] founded the Benter Foundation, is chairman and International CEO of Acusis LLC, Pittsburgh, Pennsylvania, and occasionally lectures university students on subjects like statistics and mathematical probability. In fact, with the little assistance of Edward Thorp's book, he improved his methods. Bill Benter is an excellent example of losing everything, still coming back, and making good money. Discover today's celebrity birthdays and explore famous people who share your birthday. Bill focuses on horse betting, where he makes about $100 million annually. Apart from writing down all the stats from all the races, they also invested a lot of time in various academic papers. In the mid-1980's, Benter produced an algorithm to beat Hong Kong Horse Racing, and over thirty years later, Bill has amassed nearly $1 US billion. In 2010, The Advantage Trust donated to Israeli-based organization Rabbis for Human Rights. 2. He is from United States. Learn How rich is He in this year and how He spends money? Seven years later, he was banned from all of Vegas strip's casinos. Bill Benter is a professional gambler from America. The Net Worth of 2022 Melbourne Cup. [12], In March 2012, Benter married Hong Kong national Vivian Fung in a Tibetan Buddhist rite. He came across the book, Beat the Dealer, by Edward O. Thorp, which helped him improve his methods. Wanna follow Bill Benter's net worth? Read -44 Inspirational Hero Quotes To Be The Best Version Of You. View popular celebrities life details, birth signs and real ages. Many people have become billionaires in the world through gambling. Any purchase made after, will be shipped out starting 9th May 2022 onward. We have estimated Bill Benter's net worth, money, salary, income, and assets. According to political campaign contribution records, in 2008 Benter and Acusis were listed as donors to Barack Obama's presidential campaign and the Democratic Party of Virginia. He is a Philanthropist whose attention is on horse race betting. The reason is mainly that I am uncomfortable in the spotlight by nature. At the moment, William "Bill" Benter is the biggest professional gambler with an estimated net worth of $1 billion. Bill Benter (William Benter) was born on 1957 in Pittsburgh, Pennsylvania, United States, is a professorBusinessmanGambler. In 2007, Benter donated to support Barack Obamas Presidential campaign. Therefore, you should be ready for wins and losses you may encounter in your business or career. Therefore, you should keep improving your products to match customer needs. [8] Benter later worked with Robert Moore. Benter Social Media Law Calendar 2016 Bill Benter the man who created a horse racing betting algorithm and made Million's. Every aspiring horse racing punter dreams of the perfect wining formula or system. He managed to beat Hong Kong Races, and nearly forty years later, he has an estimated net worth close to $1 billion. William Benter was born and raised in Pittsburgh, Pennsylvania. [1] Thank you for taking your time to read this article. Here we are updating just estimated networth of William Benter salary, income and assets. So, how much is Bill Benter worth at the age of 65 years old? As at 2022, Bill Benter net worth value at $1 Billion. The one solution to bring in more horse racing winners then losers. The two joined forces in 1984 and set about turning their success in Vegas into a consistent edge at the racetracks of Hong Kong. Bill Benter Net Worth and Personal Life After years of striking the most accurate horse racing outcomes, the Bill Benter net worth is estimated to be somewhere around $1 billion as of 2021. Bill Benter Net Worth: $100 million annually Famous for: Blackjack, horse racing Bill Benter, a mathematical genius, studied physics at university and, after graduation, chose to use his ability to count cards at blackjack tables. Bill Benter net worth 1.31 Million Millions of dollars 81% Net worth score Disclamer: Bill Benter net worth displayed here are calculated based on a combination social factors. [22], "Inside The Blackjack Ball: An Exclusive Look At The Gathering Of The Smartest Gamblers In The World", "William Benter (Bill Benter), the richest and most successful gambler of all time? In 2015 they had their first child Henry. Important Announcement: Our last ship-out date for website orders will be on 29th April 2022. But - Bill never collected the prize. According to political campaign contribution records, in 2008 Benter and Acusis were listed as donors to Barack Obama's presidential campaign and the Democratic Party of Virginia. __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f1c04":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"f1c04":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45}}},"gradients":[]},"original":{"colors":{"f1c04":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45}}},"gradients":[]}}]}__CONFIG_colors_palette__, [lasso rel="betting-on-horse-racing-for-dummies" id="60664"], [lasso rel="the-skeptical-handicapper-using-data-and-brains-to-win-at-the-racetrack" id="60662"], 10 Best Books to Read When You Want to Quit, 10 Motivational Books To Get Your Day Started, How To Legally Settle A Personal Injury Issue In Your Favour, Watching High-quality TV Program: Top Facts You Need to Know, Why Communication Is Important When Meeting New People, Great Tips You Need To Know Before Building A House, Money Management Tips That Will Successful Grow Your Savings, 44 Inspirational Hero Quotes To Be The Best Version Of You, Deliberate Practice: The Ultimate Guide to Improvement, David Copperfield Net Worth and Key Habits. He is from United States. According to Bill Benter, you should aim to be the best in whatever you do if you want to succeed in life. He started his carrier as professional gambler with blackjack tables in Las Vegas and used his mathematical skills to count the cards. During the 80s, Benter partner with Alan Woods to create software to predict winners in the Hong Kong horse races. [3], Benter is a philanthropist donating to charitable causes both in Hong Kong and the United States. Top 10 gamblers in the world 2022 - Net worth $100 Million Last updated on June 9, 2022 Bill Benter, the boss of horse betting & blackjack is at the No 1 position with a total net worth of $1 billion. That way, you can beat the competition and continue making money. William Benter (born 1957) is an American professional gambler and philanthropist who focuses on horse betting. Popularly known as the gambler of United States. In fact, he has improved his methods with the little help of Edward Thorp's book. Bill studied physics and decided to use his ability at blackjack tables. Ranogajec, whose net worth stands above the $400 million mark, indirectly employs approximately 300 people, and bets using a similar mathematical model to Benter on horse racing around the world . The Atlantic reported in 2010 that Benter had raised and given at least US$800,000 in support to J Street. Nachdem er sein Studium in Physik abgeschlossen hat, entschied er sich dazu seine Fhigkeiten . Bill Benters income source is mostly from being a successful . Also learn how He earned most of networth at the age of 65 years old? He came across the book, Beat the Dealer, by Edward O. Thorp, which helped him improve his methods. [3] Starting with US$150,000 (equivalent to US$391,240 in 2021), the pair relied on their mathematical skill to create a formula for choosing race winners. Bill Benter Social Network Timeline Thus, you shouldnt be comfortable if other people are ahead of you because you can be ahead of them as well. And while 35 of the bets called all three horses in two of the races, one of the bets had called them all. His net worth is disputed as being between $100-$500 million, though most sources state it is $100 million. The sky should be the limit in whatever you do. He is from United States. After school, he wanted to use his mathematical talent to make life better and profitable. The Pennsylvania-born William Benter, or Bill Benter, began his career as a professional gambler in Vegas. Bill Benter Social Network Timeline Benter credits his success in betting that he has been improving his analysis software over the years. At 64 years old, Bill Benter height not available right now. He is from the United States. He went to Case Western Reserve University, the University of Pittsburgh, and the University of Bristol. Bill Benter net worth value at $1 Billion. That way, youll eventually be a millionaire even before you know it. He once served as president of the Hong Kong Rotary Club. Of course, this is no sheer luck. We have estimated Bill Benter's net worth, money, salary, income, and assets. This was how he earned a net worth of $1 billion. Reaching beyond Pittsburgh, the Foundation supports peace building efforts and innovators who create new knowledge to tackle large-scale issues. The private homepage of Bill Benter, Pittsburgh, Pennsylvania. At the moment, William "Bill" Benter is the biggest professional gambler with an estimated net worth of $1 billion. He moved to Hong Kong to continue gambling in horse races. This philanthropist and pro gambler is most famous for participating in the betting market for horse racing. So, how much is Bill Benter worth at the age of 64 years old? He is from United States. Explore top 10 gamblers in the world 2022 now! Bill Benter Net Worth His net worth has been growing significantly in 2021-2022. So, how much is Bill Benter worth at the age of 64 years old? Bill Benter has succeeded in becoming a billionaire in the world by blackjack and horse race betting. Bill Benter William Benter (born 1957) is an American professional gambler and philanthropist who focuses on horse betting. In this exclusive video interview, Bill Benter, who is reputed to be the most successful gambler of all time, discusses his close working relationship with s. Learn How rich is He in this year and how He spends money? [17] The Atlantic reported in 2010 that Benter had raised and given at least US$800,000 in support to J Street. Market trends keep changing, and customer needs change too. We recommend you to check the complete list of Famous People born on . From poker to horse racing, the statistics involved in coming out on top", "Bill Benter The Man Who Won 1 Billion Dollars Betting on Horses", "Professor Bill Benter, University of Southampton", "Bill Benter Pittsburghs Beautiful People", "Motherly wisdom from some new, and not so new, Pittsburgh moms", "William Benter, an American expert horse racing gambler who found success using racing form analysis", "Jewish Advocacy Group Donor Linked to Hong Kong", "J Street's Half-Truths and Non-Truths About Its Funding", "Soros revealed as funder of liberal Jewish-American lobby", "Bill Benter, the richest of them all, but who is he? [2], Using his statistical model, Benter identified factors that could lead to successful race predictions. Benter earned nearly $1 billion through the development of one of the most successful analysis computer software programs in the horse racing market. Bill Benter's source of income is primarily his success. However, that isnt the case because even winners also lose at some point in their lives. In March 2012, Benter married Hong Kong National Vivian Fung in a Tibetan Buddhist rite. William "Bill" Benter (born 1957) is an American and Hong Kong professional gambler and philanthropist who focuses on horse betting. He has achieved the spectacular feat of becoming a billionaire with blackjack and betting on horse races. Alan Woods and Bill Benter spent nine months collecting data in Hong Kong. He studied physics and Mathematics in School and was a very good Mathematician. William Benter has a net worth of $5.00 million (Estimated) which he earned from his occupation as gambler. We evaluated Bill Benter's wealth, money, salary, income and assets. Benter then met with Alan Woods, a like-minded gambler whose expertise in horse racing complemented his own in computers. Bill Benter is also a computer software developer. The gambler once said, I went bankrupt once; I had to return to the United States to look for new financing, and I got ditched by my business partner. However, Benter didnt give up on his dreams. Bill Benter's income source is mostly from being a successful . Bill Benter Social Network Read -5 Sun Tzu Lessons On Winning and Habits. [15][16], Benter is a big contributor to charity and political groups. [4][5], William Benter was born and raised in Pittsburgh, Pennsylvania. So, how much is Bill Benter worth at the age of 64 years old? Starting with a mere US$150,000 (equivalent to US$369,138 in 2019), the pair relied on their mathematical skill to create a formula for choosing race winners. In 2013, donated one million dollars to the University of Pittsoburgh. There might be affiliate links on this page, which means we get a small commission of anything you buy. William Benter Net Worth & Basic source of earning is being a successful American gambler. William Benter was later banned from part taking in all the games in Las Vegas. However, the challenges that you face should never deter you from pursuing your goals. So, how much is William Benter networth at the age of 63 years old? William "Bill" Benter was born in 1957 in Pittsburgh, Pennsylvania, USA. April 22, 2021 By captaincharity Bill Benter is an professional gambler and philanthropist. Discover Bill Benter's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Tony Bloom Net worth - $1.7 billion We have estimated Bill Benter's net worth, money, salary, income, and assets. Bill Benter Wikipedia Bill's algorithm had made 51,381 bets on the race. Copyright [2022] [Glusea] | Powered by [Glusea], Net Worth of The Top Ten Richest Gamblers in The world. Today, he is among the most successful professional gamblers in the world. Benter's degree in Physics and his knowledge in Mathematics helped his career early in fact, the richest gambler in the world was so good at blackjack that he was banned from the majority of Las Vegas casinos after seven years of winning. At the same time Bill Benter was being banned from most of the Vegas' strip's casinos (for winning too much money), he met fellow card counter Alan Woods, and the pair decided to have a shot at horse racing. W88 India Free 250 Bets W88 Betting Over the years, certain gamblers have become legends. In 2010, The Advantage Trust donated to Israeli-based organization Rabbis for Human Rights. However, that isnt the case because even winners also lose at some point in their lives. Bill has a net worth of approximately over $1 billion as of 2021. He found that some came out as more important than others. [20] In 2013, Fox News reported that Benter donated thousands of dollars for pro-Hagel ads in Politico when he was nominated to be next Secretary of Defense by President Obama. American author of books and articles on finance and economics is Bill Bonner. On November 6th, 2001, a jackpot for the Triple Trio, naming three lots of trifectas across a race day, was on the line at HK$100 million. In 2016, The Washington Post reported the Benter raised US$100,000 for A New Voice for Maryland, a pro-Joel Rubin group for Democratic nomination in Maryland's 8th Congressional District. This philanthropist and pro gambler is most famous for participating in the betting market for horse racing. Like, almost $1 billion profitable. Interesting facts and data about Bill Benter: life expectancy, age, death date, gender, popularity, net worth, location, social media outreach, biography, and more Bill focuses on horse betting, where he makes about $100 million annually. He then moved to Hong Kong in 1984 where focused on using his mathematical talent to create a formula for choosing race winners. The Benter Foundation was founded in 2007 to help communities and individuals thrive. The more you strive to be ahead of others, the more you make more money. Benter is naturally a brilliant mathematician, and he uses his skills to make money in gambling. He is a member of famous with the age 65 years old group. Bill Benter Net Worth His net worth has been growing significantly in 2020-2021. [6] Seven years later, he was banned from all of Vegas strip's casinos. We will update Bill Benters Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Gambler Profiles", "Media Matters funder bankrolls pro-Hagel campaign", "Middle East peace activist wants to take fight to Republicans in Congress", https://en.wikipedia.org/w/index.php?title=Bill_Benter&oldid=1115062872, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 9 October 2022, at 17:04. His net worth has been growing significantly in 2020-2021. William "Bill" Benter, an American professional gambler who developed his own betting system and "earned" millions of dollars throughout his gambling career. Social Media: Twitter. . Bill Benter Net Worth His net worth has been growing significantly in 2020-2021. The sky should be the limit in whatever you do. His net worth has been growing significantly in 2021-2022. Bill Benter's income source is mostly from being a successful . Edward Thorp - $800 Million Please do your own research before making any online purchase. He is a Philanthropist whose attention is on horse race betting. Benter is currently residing in Pittsburgh. Some people get disappointed in life because they assume the journey to success is about winning all the time. Who is the richest gambler in the world? In addition, Bill founded Agora Financial and was a co-founder of Bonner and Partners publishing. Bill Benter used five man-years of effort to . Bill Benter also founded the Benter Foundation. He later returned to Hong Kong and made millions from his bets. Read -Deliberate Practice: The Ultimate Guide to Improvement. [2] As he grew up, he wanted to use his mathematical talents to make a profit so immediately after finishing a university physics degree in 1977,[3] he went to the blackjack tables in Las Vegas and used his skills to count cards. - Bill Belichick Net Worth and Key Habits. So how much is Bill Benter worth at 63? Profession: Author. [9], Benter is a visiting professor at the Southampton Management School[10] as part of the Centre for Risk Research and a fellow of the Royal Statistical Society. He's best known for his role in the horse racing betting market. Gambling as many people run away from in other to save their resources can be gainful to others who have professional skills about the game. Bill Benter earned about $1 billion from his renown computer software programs. Since then, the Foundation has invested to advance a more livable Pittsburgh, emphasizing downtown and the neighborhoods that comprise the city's urban core. The two became racing partners and in 1984, moved to Hong Kong. [13] In 2015 they had their first child Henry. Personal Life: wife, girlfriend, dating, divorce, kids Bill Bonner is the owner of The Agora and Agora Financial. Bill Benter (Net Worth: $1 Billion) We will start off the list with the most successful gambler on the planet - Bill Benter. Benter is a visiting professor at the Southampton Management School as part of the Centre for Risk Research and a fellow of the Royal Statistical Society. Lew Rock, a news and opinion site, has had contributions from Bill Bonner. Being born on 8 September 1948, Bill Bonner is 74 years old as of today's date 3rd December 2022. Well Bill Benter is a man who cracked the horse racing code back in the 1980's and made hundreds of . He has acquired his resources by developing one of the most successful analysis computer software programs in the horse racing market. Benter earned nearly $1billion through the development of one of the most successful analysis computer software programs in the horse racing market. We have estimated Bill Benters net worth, money, salary, income, and assets. His height is 5ft 6inch tall, and weight is 65kg. 186 W. BENTER data. In 2013, Fox News reported that Benter donated thousands of dollars for pro-Hagel ads in Politico when he was nominated to be next Secretary of Defense by President Obama. He can use his software to analyse computer programs in horse racing market. Is always good to unravel knowledge that is hidden in articles. For a sport which can produce hundreds and thousands of variables per race, from what a horse ate for breakfast to jockey's falling off, his . The net worth of 2022 Melbourne Cup value at $8 million and is the richest handicap horse race in the world as at 2022.The crown winner of Melbourne Cup 2022 received $4.4m of that pool, in addition to the coveted Cup itself which is said to be worth at $250,000 in gold.The trophies awarded to the trainer and Jockey are worth $10,000 each. The famous gambler is on record for saying, My only real interest has been to beat the system and come out ahead. Whenever he works on something, Bill aims to be ahead of everyone. Bill Benter Net Worth Benter Never Gambled Video Bill Benter, The Horse Racing Millionaire Who Left $118M in Hong Kong Unclaimed! Therefore, you should keep improving your products to match customer needs. Today we're talking about a man named Bill Benter who is a guru when it comes. Market trends keep changing, and customer needs change too. Welcome to video nine in our series of People Who Got Rich from Sports Betting. William "Bill" Benter developed one of the most successful computer software programs in the world that helped him overcome the Hong Kong horse racing market, but he certainly didn't stop there. Bill Benter Net Worth: Bill Benter is a professional gambler. Bill Benter is also a computer software developer. He graduated in 1977 with degree in Physics from University. As he grew up, he wanted to use his mathematical talents to make a profit so immediately after finishing a university physics degree in 1977, he went to the blackjack tables in Las Vegas and used his skills to count cards. Around the time they'd both been banned from casinos, Benter met a fellow blackjack professional, Alan Woods.Woods had studied to be an actuary but was an all-round gambler and a horse racing expert. Remember that you can use technology to enhance your products without increasing the cost of production. We have estimated William Benter was born in Pittsburgh, Pennsylvania. The complexity of predicting horse performance makes the specification of an elegant handicapping model quite diflicult. Bill Benter Net Worth: $100 million annually Famous for playing: Blackjack, horse racing A mathematics genius, Bill Benter studied physics at the university and, after getting his degree, he decided to use his knowledge to count cards at blackjack tables. Bill Benter Net Worth His net worth increased significantly between 2018 and 2019. ", I went bankrupt once; I had to return to the United States to look for new financing and I got ditched by my business partner., "None of us want to encourage more people to get into the game! Both have a mathematics background, which has helped them win in the gambling world. That way, you can beat the competition and continue making money. What percentage of gamblers win? Bill Benter The math genius who cracked the horse betting algorithm Bill Benter did the impossible: In the mid-80s, he invented an algorithm that increased his odds of winning at the race track. Hong Kong Horse Racing Legend The Worlds Greatest Gamblers", "The Benter Foundation | Pittsburgh, PA | Cause IQ", "The Gambler Who Cracked the Horse-Racing Code", "Bill Benter One of the Wealthiest Gamblers in the World", "Are the Best Gamblers Skilled, or Just Lucky? We will update Bill Benter's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. He was banned in Las Vegas due to his success on the casino tables. Once upon a time, however, he was a. by Bill Benter (Author), William Benter (Author) Format: Kindle Edition See all formats and editions Kindle from $9.99 Read with Our Free App The Gambler Who Cracked the Horse-Racing Code Bill Benter did the impossible: He wrote an algorithm that couldn't lose at the track. Bill Benters income source is mostly from being a successful . [2], Benter then met with Alan Woods, a like-minded gambler whose expertise in horse racing complemented his own in computers. He has found success and garnered camaraderie in numerous communities and industries. Meet Bill Benter, best known nowadays as a Pittsburgh-area civic benefactor and owner of a medical transcription company. Bill's income mostly comes from and basic source is being a successful American gambler. Bill Benter Net Worth his net worth has been growing significantly in 2021-2022. Many casinos in the USA banned Bill in the mid-80s because he won a lot of money. Some ovetiitting will always occur, and for this reason it is important to use data partitioning to maintain sets of unseen races for out-of-sample testing. Currently, the richest gambler in the world is Bill Benter with an estimated net worth of nearly $1 billion. [11], In 2007, Benter founded the Benter Foundation. The two became racing partners and in 1984, moved to Hong Kong. The journey to success isnt a smooth path. Billy had a successful career as a car salesman until 1981 when he quit pursuing sports betting full-time. He has moved into the United States and other Asian countries, reportedly bringing home over $10 billion dollars a year, making him one of the . Bill Benter is a professional gambler from America. Net Worth in 2022: $950 million. Bill Benter's net worth Benter used statistical model to identify factors that could lead to successful race prediction. ", I use analytics and algorithms to determine not only who would win a race, but which horses would finish in the top three., The general thrust of model development is to continually experiment with refinements of the various factors., Gambling, has always been the domain of wise guys from the wrong side of the track., If you are betting on horse racing you must know that insider information is gold., My only real interest has been to beat the system and come out ahead., Every model improvement of this software has seen the inclusion of a new factor., I was always looking for ways to improve my software, adding more variables to improve my bets.. If you enjoyed this article, you would learn a lot from the items listed below. In 2007, Benter founded the Benter Foundation. Benter is a big contributor to charity and political groups. In 2012, Benter donated one million dollars to the University of Pittsburgh. So, how much is Bill Benter worth at the age of 65 years old? In 1984, Benter and Woods went Hong Kong, starting with a mere $150,000. MAKING MILLIONS THROUGH QUANTITATIVE GAMBLING. [14] Benter is currently residing in Pittsburgh. 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