George E. Smith, better known as Pittsburgh Phil, was arguably one of the most renowned horse gamblers of all time. His operations spanned from the late 19th century until just before his passing in 1905. During this period, Smith amassed nearly $100 million in today’s currency through his racetrack betting.
Prior to his demise, he divulged his ‘principles and techniques’ with his trusted friend, Edward Cole, which were later published in 1908. Over a century later, these insights still make for an enlightening read, sprinkled with timeless wisdom. In this initial instalment of Pittsburgh Phil’s Racing Principles and Techniques, Smith provides an insight into what it takes to be a successful horse wagerer, and he outlines how a typical day at the racetrack would play out for him.
