Serving the Quantitative Finance Community

Search found 27327 matches

by trackstar
September 11th, 2008, 4:26 pm
Forum: General Forum
Topic: Breeders Cup horse racing - Santa Anita
Replies: 13
Views: 51994

Breeders Cup horse racing - Santa Anita

<t>And recommended the Ziemba bookEfficiency - ZiembaEfficiency of Racetrack Betting Markets (Economic Theory, Econometrics, and Mathematical Economics) (Hardcover)by Victor S. Y. Lo (Editor), Donald B. Hausch (Editor), William T. Ziemba (Editor)This is apparently going for $440 used now! My copy is...
by trackstar
September 11th, 2008, 4:24 pm
Forum: General Forum
Topic: Breeders Cup horse racing - Santa Anita
Replies: 13
Views: 51994

Breeders Cup horse racing - Santa Anita

<t>Great story!To move this into quant territory - there is a question on the trading forum now about deriving odds. Won't recreate the whole thread here, but I'll pull (my) two comments over....This is very basic, but here is a link to parimutuel betting.Parimutuel BettingHighlight:In an event with...
by trackstar
September 11th, 2008, 4:16 pm
Forum: Trading Forum
Topic: Deriving horse racing place bet odds?
Replies: 6
Views: 50729

Deriving horse racing place bet odds?

<r>This is also quite good. <AMAZON id="0123330300" url="http://www.amazon.com/Efficiency-Racetrack-Econometrics-Mathematical-Economics/dp/0123330300/ref=sr_1_3?ie=UTF8&s=books&qid=1221153215&sr=8-3Efficiency"><URL url="http://www.amazon.com/Efficiency-Racetrack-Econometrics-Mathematical...
by trackstar
September 11th, 2008, 4:11 pm
Forum: Trading Forum
Topic: Deriving horse racing place bet odds?
Replies: 6
Views: 50729

Deriving horse racing place bet odds?

<t>As an example of payoffs on popular race days, here is an undercard race that was run on Travers Day at Saratoga:Note the Superfecta payoff (that is top four in exact order)$1,523,188 (back on what could have been a $2 bet).Since exact order involves too much racing luck, I box these bets, so tha...
by trackstar
September 11th, 2008, 4:04 pm
Forum: Trading Forum
Topic: Deriving horse racing place bet odds?
Replies: 6
Views: 50729

Deriving horse racing place bet odds?

<r>This is very basic, but here is a link to parimutuel betting.<URL url="http://en.wikipedia.org/wiki/Parimutuel_bettingHighlight:In"><LINK_TEXT text="http://en.wikipedia.org/wiki/Parimutuel ... ghlight:In">http://en.wikipedia.org/wiki/Parimutuel_bettingHighlight:In</LINK_TEXT></URL> an event with ...
by trackstar
September 9th, 2008, 11:51 am
Forum: Careers Forum
Topic: leading hedge fund in VA area
Replies: 4
Views: 49970

leading hedge fund in VA area

<r>Possibly The Carlyle Group in DC. McLean, VA is very close."Carlyle Group and Private Equity Partners have each raised $1bn for debt funds. The funds will largely be split between mortgage assets and leveraged loans that have become cheap." Funds Targetting Distressed Assets Gain Momentum... <URL...
by trackstar
September 8th, 2008, 4:32 pm
Forum: General Forum
Topic: Breeders Cup horse racing - Santa Anita
Replies: 13
Views: 51994

Breeders Cup horse racing - Santa Anita

<r>[A day at the races would be good for Kack, what? get out and about.Absolutely - or play with point spreads on American Football...our star QB here in New England is probably out for the year - knee injury yesterday.//Great videos of Mtoto - perhaps you have seen this race of his - King George '8...
by trackstar
September 8th, 2008, 2:46 pm
Forum: General Forum
Topic: Breeders Cup horse racing - Santa Anita
Replies: 13
Views: 51994

Breeders Cup horse racing - Santa Anita

<t>Thanks for the link, Aidan is great. Will get back to this later this week and maybe post a list of all international entries. Would also be interested in hearing from our HK colleagues. Good Ba Ba is one entry from there.To Kack's point, I suppose we are all a bit preoccupied with "work" today, ...
by trackstar
September 7th, 2008, 9:58 pm
Forum: General Forum
Topic: Breeders Cup horse racing - Santa Anita
Replies: 13
Views: 51994

Breeders Cup horse racing - Santa Anita

Kack Toodles,If you want to take it in that direction then let's considerWhy is pricing live animals considered gambling and dead ones, or their parts, investing?
by trackstar
September 7th, 2008, 8:09 pm
Forum: General Forum
Topic: Breeders Cup horse racing - Santa Anita
Replies: 13
Views: 51994

Breeders Cup horse racing - Santa Anita

<r>Any one here interested in the Breeders Cup at Santa Anita at the end of October?Handicapping presents a new challenge this year, as SA has a synthetic surface which may have a significant effect on the odds of runners who are believed to prefer or dislike it. The jury is still out on this in pra...
by trackstar
September 7th, 2008, 2:52 am
Forum: General Forum
Topic: Credit Derivatives & Subprime Crisis
Replies: 431
Views: 185923

Credit Derivatives & Subprime Crisis

<t>Quote from GMike 2000 "Look at GNMA spreads for example, their are explicitly guaranteed by Uncle Sam. If you believe the world as we know it is going to come to an end, then maybe you can justify those spreads, otherwise they are a clear buy. There are many more such examples." \\There are inter...
by trackstar
September 3rd, 2008, 8:21 pm
Forum: Careers Forum
Topic: FE positions in Texas
Replies: 19
Views: 52902

FE positions in Texas

<r>Dodora,Here is a listing for a position in energy private equity. Based in NYC, but indicates frequent trips to Houston to see clients. Not sure if you would want to make a transition into PE, but I am sure that others could weigh in on the pros, cons and challenges to making that switch.<URL url...