How This Man Profited $1 Billion Betting On Hong Kong Horse Races: Horse Racing

How This Man Profited $1 Billion Betting On Hong Kong Horse Races: Horse Racing

Assessment

Interactive Video

Business, Physical Ed, Social Studies

7th - 12th Grade

Hard

Created by

Quizizz Content

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Benter and Woods initially face significant losses in Hong Kong. Their partnership strains, leading Benter to pursue blackjack in Atlantic City. He refines his horse racing model, incorporating weather data and statistical innovations. Benter expands his team and uses public betting odds, leading to substantial profits. The Jockey Club supports his electronic betting, enhancing his operations.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What financial loss did Benter and Woods experience during their first season in Hong Kong?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was Benter's reaction to Woods' request for a larger share of their partnership?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the digital time bomb that Benter created. What was its purpose?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Benter manage to fund his gambling activities after returning to Hong Kong?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of Benter's first year after returning to Hong Kong?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant change did Benter make to his betting strategy that led to increased profitability?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Hong Kong Jockey Club respond to Benter's betting activities?

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