Famous Books to Improve Your Betting Strategy

best sports betting book

Betting books – Is it really possible to place bets that make money? It’s hard to believe, but betting on sports or poker can bring in a lot of money, but it’s a big risk every time. And you need to understand these risks, and also constantly work on your skills. Reading useful literature is very helpful in developing a betting strategy and making a stable profit.

On the Internet, you will find a lot of useful information, but nothing will replace books. We hope that this collection of books will be a useful discovery for you and will help you get a profit from betting, and also you will learn how to play Bovada Roulette effectively, as well as poker and other games where strategy is required.

The Success Equation – Michael Mauboussin

Michael J. Mauboussin, the author of this book, is no swindler, he is Credit Suisse’s chief investment officer and adjunct professor at Columbia Business School. And he’s a recognized expert in behavioral finance and approaches the stock market as a complex adaptive system.

His book is a guide on how to become successful. The author literally derived the equation for success, whether in work, sports, or play, as a weighted linear function of skill and luck.

SUCCESS = a * SKILL + (1 – a) x LUCK

where the value of an in the range from zero to one is equal to the relative weight of the mastery.

The full name of this book is The Equation of Success: Unraveling Skill and Luck in Business, Sports, and Investing, and it is a universal guide for anyone who wants to succeed in any field of activity.

Antifragile by Nassim Nicholas Taleb

This book deals with serious topics such as life-changing decisions, trial and error, risk assessment, innovation, politics, education, war, personal finance, economic systems, and medicine. And in general, Antifragile is a unique book: it talks about the key property of people – uncertainty and a world where you cannot wish for more.

After reading this book comes the realization that we are inherently antifragile – and should not allow anyone to deprive us of this quality.

Pro Gambler by George Miller

George Miller’s name is legendary in the world of sports betting. This is one of the first people who made a fortune thanks to the game at the bookmakers.

If you are a beginner, then you will find a lot of useful tips, recommendations, nuances in the text. For experienced players, the book will be of interest as historical research.

Miller wasn’t playing in the era of interactive bookmakers. Therefore, many of his suggestions are outdated.

But the traditional values of being sensible and careful in sports betting and casino play always hold their value. The only question is whether understanding probabilities will affect casinos or other factors.

Soccermatics by David Sumpter

It’s not exactly a sports betting book. The author shows how mathematics takes part in the creation of modern football. And this is not only financial schemes and the transfer of millions.

Mathematical models are used by many coaching staffs of large clubs to develop effective tactical schemes of the game. The author helps to penetrate into the aspects of the “game of millions” unknown to the public.

This will help you better analyze football confrontations, and therefore, it will be more profitable to play bets.

The Betting Principle by Annie Duke

Annie Duke is one of the most successful poker players of the present. But in her book, she does not give universal recipes by which you can win. The book has a more philosophical and psychological character.

The author shows how the principle of uncertainty and randomness, which dominates the game, is present in our everyday life and influences people’s fates.

Why Read Books on Sports Betting?

The whole selection of sports betting literature can be divided into several categories:

  • Manuals that analyze in detail the betting mechanism;
  • Terminology and strategy reference books;
  • Autobiographies of successful bettors who made their fortune on bets;
  • Theoretical works analyzing sports betting from a mathematical or philosophical point of view.

By reading such books, you will be able to understand the inner workings of the betting business, evaluate and improve your own analytical skills, or choose the appropriate game formation and strategy.

In addition, such literature will teach you how to manage your money resources, including your gaming bankroll. In a word, reading thematic literature definitely does not hurt in such a multifaceted field as sports betting.

Final Thoughts

In general, today, there are hundreds of manuals about sports betting. But we have compiled the top 5 books that you will absolutely be interested in. Bookmaking is a huge billion-dollar global business. Around him, naturally, there is a grand array of all kinds of information. Some are useful to the players, the others are, on the contrary, harmful. If you want to play carefully, be sure to read the books from our collection. These books will be helpful to you and possibly help you develop your own winning strategy.