About a million people placed a bet-equivalent to 1 in 7 city residents.
That balmy November night, the pot had gone unclaimed six times over. When no one picks correctly, the prize money rolls over to the next set of races. More than 10 million combinations are possible. Say you bet 100 on them to win against the Guardians. For a scenario involving this form of arbitrage betting, consider an example where the starting moneyline on the Tigers is +110. Arbitrage betting is associated with horse racing more than any other sport, because of the multiple runners in races leading to a much wider variety of potential results. The wager is a little like a trifecta of trifectas it requires players to predict the top three horses, in any order, in three different heats. Get great odds for MLB, NHL, NBA, and NFL arbitrage betting at BetNow. 6, 2001, all of Hong Kong was talking about the biggest jackpot the city had ever seen: at least HK$100 million (then about $13 million) for the winner of a single bet called the Triple Trio. Their cathedral is Happy Valley Racecourse, whose grassy oval track and floodlit stands are ringed at night by one of the sport’s grandest views: neon skyscrapers and neat stacks of high-rises, a constellation of illuminated windows, and beyond them, lush hills silhouetted in darkness. Horse racing is something like a religion in Hong Kong, whose citizens bet more than anyone else on Earth.
