FT Weekend: The secret gamblers using AI to hack horse racing

This week, we’re bringing you something from our fellow podcast, FT Weekend. The show travels to Miami, Florida, to drink some beers, place some bets, and discover how AI is changing the sport of horse racing. FT data journalist Oliver Roeder joins FTW host Lilah Raptopoulos to talk about how the ancient sport is being upended by anonymous computer-assisted bets. These secretive gamblers are injecting billions of dollars into the pools, and aggressively tipping the odds, and it’s putting the whole sport at risk.

- - - - - - - - - - - - - - - - - - - - - - - - - -

For further reading:

I used AI to bet on horse-racing. Here’s what happened

Stake.com: the Aussie gambling minnow that made it big on crypto

How English football became hooked on gambling

- - - - - - - - - - - - - - - - - - - - - - - - - -

On Twitter, follow Oliver Roeder (@ollie) and Lilah Raptopoulos (@lilahrap)

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Release date

Lydbog: 26. april 2023