A SVM-Based committee machine for prediction of Hong Kong horse racing

Author(s):  
Wai-Chung Chung ◽  
Chuan-Yu Chang ◽  
Chien-Chuan Ko
2013 ◽  
Vol 7 (1) ◽  
pp. 43-52 ◽  
Author(s):  
Noah Silverman ◽  
Marc Suchard

Conditional logistic regression has remained a mainstay in predicting horse racing out- comes since the 1980’s. In this paper, we propose and apply novel modifications of the regression model to include parameter regularization and a frailty contribution that exploits winning dividends.  Additionally, the entire model was fit using state-of-the art parallelization methods on commodity graphical processing units. (GPU) The model is trained using 4 years of horse racing data from Hong Kong, and then tested on a hold-out year of races. Simulated betting produces a return on investment significantly higher than any other published methods involving Hong Kong races.


1997 ◽  
Vol 26 (1) ◽  
pp. 145-151
Author(s):  
Helen Siu
Keyword(s):  

When China tells Hong Kong to ‘Keep on dancing, keep on horse racing’, locals ask to what extent ‘the people of Hong Kong’ can choose to dance to their own tunes?


1997 ◽  
Vol 36 (2) ◽  
pp. 23-28
Author(s):  
Hak Choi

Hong Kong's success in economic growth is well known. One of the contributing factors could be legalized betting. Even after the transition of sovereignty from Britain to China, it is guaranteed that gambling activities will continue to exist. How active is gambling in Hong Kong? How large is the volume? This article investigates the gambling behavior of the Hong Kong people and tests the life cycle of the gambling business. Findings suggest that the people of Hong Kong have a rational basis for their gambling and that horse racing enjoys a longer life cycle than the lottery.


1998 ◽  
Vol 13 (11-s4) ◽  
pp. S289-S293 ◽  
Author(s):  
SSY WONG ◽  
WC YAM ◽  
PHM LEUNG ◽  
PCY WOO ◽  
KY YUEN

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