Showing results for "Gambling" in Professionals & Academics

Stuart Wheeler went to Eton and Oxford. He was an officer in the Welsh Guards, a barrister, an investment banker, and a major donor to the Conservative Party. You might think that he has led a life of impeccably conformist upper-class respectability. You’d be wrong. For Wheeler is also an illegitimate child adopted at the age of two and a devoted gambler who has been thrown out of more than one Las Vegas casino. He gave William Hague’s Conservatives £5 million (still the biggest political donation in British history) before being expelled from the Tories and joining UKIP.

An ex–Wall Street trader improved on Moneyball’s famed sabermetrics to place bets that would beat the Vegas odds on Major League Baseball games—with a 41 percent return in his first year. Trading Bases explains how he did it. After the fall of Lehman Brothers, Joe Peta was out of a job. He...