Originally Posted by
peacebyinches
Nate Silver (of fivethirtyeight.com) wrote an entire (very accessible) book on how it applies to sports betting, poker, finance, politics, weather, and even earthquakes called 'The signal and the noise'. It's a great place to start learning about statistics that is an easy read, not math intense, and entertaining in my opinion. If you prefer a more academic place to start there are a ton of cheap text books that show you the math behind the madness, such as
this.