Books worth reading about sports betting??

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  • NotSoHot81
    SBR Rookie
    • 05-09-08
    • 8

    #1
    Books worth reading about sports betting??
    Does anyone have any suggestions for books to read about betting on sports? Ones that may offer an insight to understanding the lines, value, etc. I have been a sports fan all my life, but being a fan doesnt make you a winner. Any ideas would be helpful. Thanks.
  • Ganchrow
    SBR Hall of Famer
    • 08-28-05
    • 5011

    #2
    Check out Fixed Odds Sports Betting: Statistical Forecasting and Risk Management by Jospeh Buchdahl, Sharp Sports Betting by Stanford Wong, and possibly Weighing the Odds in Sports Betting by King Yao.
    Comment
    • NotSoHot81
      SBR Rookie
      • 05-09-08
      • 8

      #3
      Thanks for the ideas. Those are three that I saw online, but wasnt sure if they would be worth reading.
      Comment
      • 20Four7
        SBR Hall of Famer
        • 04-08-07
        • 6703

        #4
        I"ve read the last 2, need to check out the first one.

        Now if I can find a decent book that focus's on hockey
        Comment
        • pats3peat
          SBR MVP
          • 10-23-05
          • 1163

          #5
          I was wondering the same thing.. going to check out those books unless anyone has an even better book to suggest
          Comment
          • durito
            SBR Posting Legend
            • 07-03-06
            • 13173

            #6
            Those are the 3 "best" books you will find on sports betting.

            After reading them, read all of Ganchrow's posts in this forum, which would make for a far superior book.
            Comment
            • pats3peat
              SBR MVP
              • 10-23-05
              • 1163

              #7
              Originally posted by durito
              Those are the 3 "best" books you will find on sports betting.

              After reading them, read all of Ganchrow's posts in this forum, which would make for a far superior book.
              yeah i didnt think many useful gambling books out there existed, better to read on forums.
              Comment
              • TotallyTilt
                SBR Rookie
                • 09-16-08
                • 23

                #8
                Getting The Best of It by David Sklansky also has a small section on Sports Betting that is very good.
                Comment
                • donjuan
                  SBR MVP
                  • 08-29-07
                  • 3993

                  #9
                  Sklansky is pretty clueless when it comes to sports. Great poker author though.
                  Comment
                  • Wheell
                    SBR MVP
                    • 01-11-07
                    • 1380

                    #10
                    Sklansky was good at beating the weakest sportsbooks in history. That was the end of it.
                    Comment
                    • reno cool
                      SBR MVP
                      • 07-02-08
                      • 3567

                      #11
                      One poker author who I believe has a great understanding of gambling in general is Mike Caro. "In the beginning everything is even money"
                      bird bird da bird's da word
                      Comment
                      • TotallyTilt
                        SBR Rookie
                        • 09-16-08
                        • 23

                        #12
                        Originally posted by donjuan
                        Sklansky is pretty clueless when it comes to sports. Great poker author though.
                        I actually thought he had several good pieces of advice about NFL games that I hadn't read in any other book. I have no idea if they are outdated at this point or still work but at the very least, they are things to keep in mind when evaluating a line.

                        I can't speak to his sports betting track record, I have absolutely no idea how well or poorly he did/does.
                        Comment
                        • Lippsman
                          SBR Sharp
                          • 08-29-08
                          • 346

                          #13
                          Sharp sports betting is very good. You can go to the website and get updated tables
                          Comment
                          • skrtelfan
                            SBR MVP
                            • 10-09-08
                            • 1913

                            #14
                            If you are interested in soccer betting try the books by Jacques Black.
                            Comment
                            • Data
                              SBR MVP
                              • 11-27-07
                              • 2236

                              #15
                              I have read a couple of dozens books on sportsbetting and did not find ANY of them to be of use provided you have read the forums and paid close attention to Ganchrow's posts. There are two classic books I found helpful to put things in perspective for a trader/sportsbettor:
                              Reminiscences of a Stock Operator
                              Extraordinary Popular Delusions and the Madness of Crowds
                              Comment
                              • pats3peat
                                SBR MVP
                                • 10-23-05
                                • 1163

                                #16
                                i read like 5 chapters o reminscences of a stock operator. Pretty confusing for me... but its enjoyable. I quit reading it though, need to get back to it.

                                Havent heard of that second book, amazon reviews not so great, but what do you like about it?
                                Comment
                                • Data
                                  SBR MVP
                                  • 11-27-07
                                  • 2236

                                  #17
                                  Originally posted by pats3peat
                                  what do you like about it?
                                  It is thought provoking and that is a property of any book I like.
                                  Comment
                                  • Ganchrow
                                    SBR Hall of Famer
                                    • 08-28-05
                                    • 5011

                                    #18
                                    I'd also highly recommend Fooled by Randomness by Nassim Nicholas Taleb.
                                    Comment
                                    • Bullajami
                                      SBR Sharp
                                      • 12-23-05
                                      • 472

                                      #19
                                      Originally posted by Ganchrow
                                      I love it when the answer I was about to give is the answer Ganchrow already gave.

                                      Too bad this is only the second time it's happened in three years!
                                      Comment
                                      • marcoforte
                                        SBR High Roller
                                        • 08-10-08
                                        • 140

                                        #20
                                        Originally posted by Data
                                        I have read a couple of dozens books on sportsbetting and did not find ANY of them to be of use provided you have read the forums and paid close attention to Ganchrow's posts. There are two classic books I found helpful to put things in perspective for a trader/sportsbettor:
                                        Reminiscences of a Stock Operator
                                        Extraordinary Popular Delusions and the Madness of Crowds
                                        I agree. Read both books 15 years ago when I first started investing in the market. Buying value means buying what no one wants.
                                        Comment
                                        • Peep
                                          SBR MVP
                                          • 06-23-08
                                          • 2295

                                          #21
                                          Anyone read "GA is for Bitches"?

                                          Comment
                                          • smitch124
                                            SBR Posting Legend
                                            • 05-19-08
                                            • 12566

                                            #22
                                            Originally posted by Peep
                                            92 pages? Thats a red flag, $30 for a pamphlet...
                                            Comment
                                            • smitch124
                                              SBR Posting Legend
                                              • 05-19-08
                                              • 12566

                                              #23
                                              This is a baseball book to avoid as well:






                                              100 pages with like 18 pt font, stay away
                                              Comment
                                              • BSW-GM
                                                SBR Rookie
                                                • 01-20-09
                                                • 10

                                                #24
                                                Originally posted by NotSoHot81
                                                Does anyone have any suggestions for books to read about betting on sports? Ones that may offer an insight to understanding the lines, value, etc. I have been a sports fan all my life, but being a fan doesnt make you a winner. Any ideas would be helpful. Thanks.
                                                NotSoHot - BetSportsWeb (SportsbookReview.com rating: D+) offers weekly expert articles which are current and offer punters solid advice. They are written by Brian Edwards from Vegas Insider. This weeks is Super Bowl XLIII- Betting Props Galore!

                                                Articles are linked from the left menu on the BetSportsWeb homepage.
                                                Last edited by Ganchrow; 01-31-09, 09:54 AM. Reason: Removed live links, added BSW's SBR rating
                                                *they've paid me $6k no problems over the last couple of months.-08

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                                                • Peep
                                                  SBR MVP
                                                  • 06-23-08
                                                  • 2295

                                                  #25
                                                  I read ABOUT the "GA is for Bitches" book(ette) for about 15 minutes, mostly self-serving blabs. But was interested in his claim he could "turn -110 into +120". Wondered if anyone had read it, so I could hear what that was about.
                                                  Comment
                                                  • coldhardfacts
                                                    SBR Wise Guy
                                                    • 10-19-07
                                                    • 717

                                                    #26
                                                    It's not about betting, but "Moneyball" did more to improve my baseball handicapping than anything I've ever read.

                                                    Also a great read.
                                                    Comment
                                                    • Scorpion
                                                      SBR Hall of Famer
                                                      • 09-04-05
                                                      • 7797

                                                      #27
                                                      I dont read many books. I read this book by sonny riezner 7 years ago
                                                      very interesting storeis in it:
                                                      Comment
                                                      • whatisit
                                                        SBR Sharp
                                                        • 01-25-09
                                                        • 319

                                                        #28
                                                        Anyone know of any books/websites that will teach you how to use statistics with excel?
                                                        Comment
                                                        • Wrecktangle
                                                          SBR MVP
                                                          • 03-01-09
                                                          • 1524

                                                          #29
                                                          The classic in NFL handicapping is "The Winner's Guide to Pro Football Betting" by Art Glantz (pubed in 1982) wherein he describes his Dudley method. Dudley was a marginal system, but if you played with the math, Yards per point jumped out at you. Glantz had a lot of other advice that was mostly pretty good, but his example betting year was fabricated as it hit 80% winners.

                                                          Another good early classic was: "Basic Betting" wherein James Jasper described an NBA sides method (with Basic code) that held 57% for a number of years for a large fraction of games. His systems for other sports were interesting, but nothing was as good as his NBA program.

                                                          If you find either of these on e-bay grab it, they are worth a read...I just saw a Amazon that Basic Betting is listed at $1.12, and Glantz's book is almost $300.

                                                          Now for a piece of junk: "Beat the Sports Books" by Dan Gordon, wherein Danno describes a method straight out of the '80s: an A,B,C,D,E team grade system that is so subjective it makes me feel embarrassed for him. It is obviously a book written to make money and not give anything away. Bad Danno.

                                                          I've a few others, but nothing else was really worth the money except for the gambling math books described earlier in this thread.
                                                          Last edited by Wrecktangle; 03-07-09, 05:58 PM. Reason: spellos
                                                          Comment
                                                          • Dark Horse
                                                            SBR Posting Legend
                                                            • 12-14-05
                                                            • 13764

                                                            #30
                                                            Win More, Lose Less by Don P. is easily worth the money.

                                                            Next on my list is Steve Fierro's Four Quarters of Horse Investing. Not necessarily to get into the ponies, but because he calculates his own lines and overlays, and goes from there. This is what I do, so I may be able to use some of his ideas.

                                                            You're not going to find real winning systems in print. Unless someone on his death bed decided to share his wealth of knowledge. But ideas are readily available; most bad, some good. You're more likely to pick up ideas here than in books. An area that, I think, is relatively unexplored is MOV to determine strength of method (instead of just W/L). It was mentioned here, and I'm playing around with it a little.

                                                            I'm not expecting much from it, but I may pick up a copy of the Betting Doctor. Just because he almost won the Hilton contest. For better insight into the world of gambling, Gambling Wizards is worth a read, as is the Smart Money. These last two will give you quite a bit of info on legendary sports bettor Billy Walters (in case you want to aim high).
                                                            Last edited by Dark Horse; 03-07-09, 11:07 AM.
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