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Page 1: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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SEARCHING FOR POSITIVE RETURNS AT THE TRACK: A MULTINOMIAL LOGIT MODEL FOR HA...RUTH N BOLTON; RANDALL G CHAPMANManagement Science (1986-1998); Aug 1986; 32, 8; ABI/INFORM Globalpg. 1040

Page 2: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 3: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 5: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 6: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 7: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 8: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 9: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 10: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 12: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 13: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 14: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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Page 18: Searching for Positive Returns at the Track: A Multinomial ...gambling, expected value, pari-mutuel betting, horse-racing, logistic model, multinomial, investment returns, Hong Kong,

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