How This Man Profited $1 Billion Betting On Hong Kong Horse Races: Introduction to Bill Benter

The transcript details the life of Bill Benter, a Pittsburgh native who became a successful gambler. Initially interested in physics, Benter left college to pursue gambling in Las Vegas, inspired by Edward Thorpe's book on card counting. He met Alan Woods, joined his team, and achieved significant success in Monte Carlo. However, their gambling career faced a setback when they were blacklisted in the Griffin Book, forcing them to seek new opportunities.

What motivated the Pittsburgh resident to pursue horse racing?

• The challenge of something deemed impossible

• The potential to earn more money than in finance

• Family tradition in horse racing

• A lifelong passion for horses

What book inspired Benter to try his luck in Las Vegas?

• The Art of War

• Beat the Dealer

• The Intelligent Investor

• The Gambler's Guide

How did Benter initially fund his gambling attempts in Las Vegas?

• By selling his car

• By borrowing money from friends

• By using his college savings

• By working at a 711 store

Who was Alan Woods and how did he influence Benter?

• A financial advisor who helped Benter invest his winnings

• A casino owner who banned Benter from playing

• A professional gambler who led a card counting team

• A math professor who taught Benter card counting

What was the consequence of being listed in the Griffin Book for Benter and his team?

• They were banned from all casinos worldwide

• They had to find a new game to play

• They were fined heavily by the casinos

• They were forced to return to college