Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

FT Weekend: The secret gamblers using AI to hack horse racing

FT Weekend: The secret gamblers using AI to hack horse racing

FromBehind the Money


FT Weekend: The secret gamblers using AI to hack horse racing

FromBehind the Money

ratings:
Length:
24 minutes
Released:
Apr 26, 2023
Format:
Podcast episode

Description

This week, we’re bringing you something from our fellow podcast, FT Weekend. The show travels to Miami, Florida, to drink some beers, place some bets, and discover how AI is changing the sport of horse racing. FT data journalist Oliver Roeder joins FTW host Lilah Raptopoulos to talk about how the ancient sport is being upended by anonymous computer-assisted bets. These secretive gamblers are injecting billions of dollars into the pools, and aggressively tipping the odds, and it’s putting the whole sport at risk.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:I used AI to bet on horse-racing. Here’s what happenedStake.com: the Aussie gambling minnow that made it big on crypto How English football became hooked on gambling- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Oliver Roeder (@ollie) and Lilah Raptopoulos (@lilahrap)Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Apr 26, 2023
Format:
Podcast episode

Titles in the series (100)

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the big business and financial stories of the moment with reporting from Financial Times journalists around the world. Hosted by Aimee Keane.