computer-assisted bettor
Why Predicting And Betting On The Kentucky Derby With A Computer Is Problematic
From Wall Street to politics, quantitative analysts (or quants) are revolutionizing much of the world. Nowadays, that even includes horse racing. By using computers to identify hidden patterns in past racing data and arcane mathematics to optimize every aspect of their betting strategies, horse racing quants can confidently wager staggering amounts. At first, that may seem good: more money in the pot means the house and the winners take more home. Still, their trades have been blamed for (among other things) driving away other bettors and shrinking prizes for everyone over time.