The secret gamblers using AI to hack horse racing
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
This week, we go to a racetrack in 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 Lilah 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.
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Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.
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Links:
– Oliver’s piece on horse betting: https://on-ft-com.ezproxy.cul.columbia.edu/3UDrX1t
– Oliver’s on Twitter at @ollie
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Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.
Read a transcript of this episode on FT.com
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