Horse | Betting

: At age 37, Larry King was broke with only $42 left. He bet his last dollar on a longshot filly at the track and won $8,000 , which helped reboot his career.

: Australian tycoon Kerry Packer once bet $4.6 million on a horse named Mahogany . The horse won, netting Packer a payout of approximately $20 million. Horse Betting

The world of horse betting is filled with "hard-luck" stories and legendary windfalls, ranging from high-tech algorithmic wins to raw, cinematic luck. The Algorithm that Conquered Hong Kong : At age 37, Larry King was broke with only $42 left

: The trio placed a massive longshot bet at a racetrack in Tijuana, Mexico. The horse won, netting Packer a payout of

One of the most legendary figures in horse racing is , a physics dropout who applied advanced mathematics to the track. Benter moved to Hong Kong and developed a computer model that analyzed over 130 variables for every horse in every race.

: In 2001, Benter's model correctly predicted the "Triple Triple" at Happy Valley—a jackpot requiring the bettor to pick the top three finishers in three specific races.

: Against all logic, Lupita won, completing Whiteley's six-race accumulator and turning his £2 into £1.45 million . Fast Facts: Famous Wagering Feats