Online gambling has grown quickly during the last decade. As the demand for online betting develops, so does the global need for information. Betting businesses and bettors are eager to absorb as much information as possible to understand the industry and, ideally better, generate a profit.
You might read material online, but with the best book for sports betting, you’re certain to obtain advice and insights from industry experts. A book written by a well-known author guarantees advice and ideas demonstrated by industry pros. Make sure to devote your time, and you will undoubtedly profit.
Since the advent of eBooks, the amount of content written about sports betting has increased rapidly. When you include the quantity of free advice for sports bettors in the form of badly written Web articles, you have a torrent of noise that is hard to sort through.
Here are the top seven sports betting sites. If you don’t want to build a library of these books, you can receive a decent education in sports betting by reading only these seven.
1. Stanford Wong’s Sharp Sports Betting
Sharp Sports Betting is a classic, a must-read for everyone who is even somewhat interested in sports betting. This book is the Bible for certain gamblers. It’s lengthy, and you’ll have to wade through a few pages of the fundamentals (definitions of various bets, a glossary, and so on), but you’ll be able to skip forward to the meatier parts later on. Sharp Sports Betting focuses almost entirely on NFL football, but the teachings apply to many markets.
By the way, Stanford Wong is a pen name for John Ferguson, who is well known for his book Expert Blackjack. Stanford Wong was picked as a combination of the author’s alumni and a random Asian last name to add “mystique” to the whole thing.
The first edition of this literature was published in 2001, but don’t worry about purchasing the most recent and greatest edition. It’s undergone only a few changes. Some material is a bit outdated — paradoxically, most books have modified how they express chances to avoid the strategies outlined in Stanford Wong’s book.
2. Michael Konik’s The Man with the $100,000 Breasts: and Other Gambling Stories
The majority of the books on this list are instructive and, let’s face it, a little dry. That is not the case with Michael Konik’s book. This book aims to provide insight into the lifestyles of degenerate gamblers, high rollers, and sports betting hustlers. Endless unbelievable factual anecdotes flood the pages of this book, featuring several very lucrative gamblers and the strategies they employed to win.
Yes, this book is a love letter to gambling. It focuses on some of the hobby’s more glamorous and intriguing parts. But Konik also provides a lot of guidance, such as how to acquire more bonuses, how to discover long-odds casino games, and other legal techniques to boost your edge over the book or the house.
3. Richard Munchkin’s Gambling Wizards: Conversations with the World’s Greatest Gamblers
Richard Munchkin is a unique character. He’s been a blackjack dealer, a Vegas pit boss, and a TV and film producer. His most notable contribution is Gambling Wizards.
But the talks aren’t just interviews; they go into great depth, asking things like, “If your son asked you if he could be a professional gambler, what would you say?” It’s a wonderful read for both gamblers and non-gamblers. This book’s frank talks are both informative and enjoyable.
4. Nate Silver’s The Signal and the Noise
This book is about a lot more than just gambling. The Signal & the Noise, written by the famous numbers junkie behind the renowned site FiveThirtyEight, is all about making predictions. Silver’s book is a fantastic complement to a sports market education, occasionally veering into difficult arithmetic but always fast with a real-world illustration.
This works nicely for Silver since he is the current poster-child for foresight. You may recall him as the pundit who correctly predicted the outcome of every state in the 2012 Presidential Election. Nate Silver came to prediction markets via baseball statistics and Sabermetrics, which you may not be aware of.
This work serves mostly as an introduction to the ideas of probability and risk. Silver’s recurring argument is that most of our forecasting abilities are quite constrained despite having access to an infinite amount of raw data. He starts by delving into why we’re so lousy at forecasting things like earthquakes, forest fires, and financial markets.
Sure, this is a high-concept book, and it doesn’t necessarily immediately apply to sports betting. The genius of this book is shown later, during your longer education on the pastime. Silver’s teachings on how weather forecasters attain their relatively high rates of predicting success aren’t instantly transferable, but there isn’t a better education in prediction available.
5. Wayne L. Winston’s Mathletics
Wayne L. Winston is an MIT-educated operations research specialist (and management professor). Additionally, he wrote one of the best small guides on sports betting.
Mathletics is both fun and informative read. Winston uses simple mathematics to explain and analyse various statistical and probability-related problems that sports bettors may have. Winston uses professional sports to illustrate tough arithmetic subjects, such as baseball, basketball, and football.
Winston’s book delves into themes such as how MLB clubs evaluate batters and forecast success, whether teams would pass or run on first down in certain scenarios, and the impact of money on pro sports and sports betting.
Winston’s book teaches about the frequency and efficacy of bunts, the impact of overtime on various NFL teams, and basic statistical and numerical analysis behind numerous recent professional sports titles. You’ll appreciate the statistics and probability information, as well as insight into various long-held assumptions and clichés about sports and the truth that challenges them, whether you’re a newbie sports gambler or a seasoned professional.
6. Beth Raymer’s Lay the Favorite
After working as pay and collect agent for a bookie for four years, the author, who spent years studying the gambling trade in Central America, authored this book. You get a glimpse inside the sports betting underground in this (maybe overly honest) narrative. This book is to read if you want to learn about the hustlers, fools, thieves, and crooks who occupy the dark side of sports betting.
7. Joseph Buchdal’s Fixed-Odds Sports Betting
This book’s subtitle is “Statistical Forecasting & Risk Management.” That should give you a feel of the solemn tone that pervades the entire piece. Joseph Buchdal has published a guidebook for serious sports bettors that is not for the faint of heart. This is another “must-have” for anyone serious about making sports bets.
What is the significance of Fixed-Odds Sports Betting?
It was the first literature to truly explain ideas like the over-around; it offers specifics on the Asian handicap that you couldn’t find anywhere else for years, a guide to staking, bankroll-building techniques, and a slew of other topics that few writers have addressed with as much clarity.
If you want to carefully assess your betting method, boost the strength of your bankroll, or learn to uncover value in almost any sports market, you should possess a copy of Buchdal’s book and study it for a few minutes every day.
Fortunately, sports gamblers are well-educated individuals. When you need a strategy boost, a distraction from your stressful workday, or a strategy tip to increase your profits, you may rely on any of dozens of top-tier sports betting titles. This list is not exhaustive – still, it would be interesting to read these seven novels in a row.