Spring 2017: BetRightBetRight exploits consistent human bias for profit at the race track.
UChicago Booth Alum
John is a medical device industry executive with 20 years of experience in both mature and start-up environments and every stage of growth in between. He obtained his MBA from University of Chicago in 1997 and ever since, it’s been off to the races! John’s interests include traveling with his family, neighborhood Bocci, and the occasional day out at the horse track.
How much is lost through inefficient race track betting? The annual racing handle at US tracks is $13 billion, so perhaps quite a bit!
How does the App Challenge help with this great idea?
App Challenge developers will be exploring the limits of Optical Character Recognition to read numbers from a racetrack tote board and build a mobile minimum viable product. Read more...