David-Michael Harding
Autor(a) de How Angels Die
About the Author
Image credit: David-Michael Harding is a life-long writer whose novel, How Angels Die, received critical acclaim. A former semi-professional football player, his writing is hard hitting and passionate. He holds a master’s degree in education and is an adjunct professor of writing. Most of his days are spent writing from the cockpit of his sailboat, Pegasus, somewhere off the Nature Coast of Florida in the Gulf of Mexico.
Obras por David-Michael Harding
The Cats of Savone: 8 Short Novels for Busy People (Completely Abridged) (Volume 1) (2013) 10 exemplares
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Membros
Críticas
Estatísticas
- Obras
- 7
- Membros
- 61
- Popularidade
- #274,234
- Avaliação
- 4.8
- Críticas
- 12
- ISBN
- 7
Breakage is an interesting term relating to parimutuel betting at horse racing tracks. When betters cash in their winning tickets the payoff is in in whole number dollars. All of the change is rounded down and kept by the track administrators. For example, if the payoff is $7.20 the winner gets $7.00. If it is $8.90, the payout is $8.00, always rounded down.
It would seem that the breakage would not have much consequence on the cash intake at a race track. But when you think about the millions of bets that are placed in person at the track and by computer operators anywhere in the world, it all adds up to a lot of money. Where there’s money you can bet there will be criminals interested in finding a way to cash in.
In Harding 's novel, criminals manipulate the odds by betting large and small amounts at crucial times to influence the betting of mostly small-time players. The daily races at tracks involve betters who wager small amounts but do so frequently. This is a different strategy from major players who bet big money on major races, like the Belmont Stakes.
Donnie Chariot is a long-time gangster who has predicted the horse racing odds successfully for many years. He has a unique talent for seeing patterns in large data bases and making quick assessments. Then he can manipulate patterns with strategic betting to make accurate predictions of race winners. He is basically a parimutuel savant who sells sure-thing bets in advance of races to other gangsters. Breakage has another meaning when aging Donnie cannot crunch the numbers as well as he once did. Donnie believes in honor among thieves but other gangsters only want ROI, return on investment. Donnie and his gang go all in.… (mais)