General Betting
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I'm looking for a book on trading / betting / betfair or any relevant topic. Does anyone know any good ones? Preferably not one aimed at horse racing.
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I'm currently reading The Black Swan. Not sure how much it will help your betting but interesting content nonetheless and relevant to probability / narrative / over-biased retrospective fitting of theory to results.
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Loads out there, TraderWolf. Go to Amazon and search for sports betting etc. Some better than others but a huge choice. Look for ones with good ratings/reviews.
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My standard answer to this is "Moneyball".
It is not a gambling book. It should be. |
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Thanks for the suggestions guys. I've had a look on amazon, but most of the reviews point towards books like 'Mastering Betfair'. Don't suppose anyone has read it? I'll definitely look into Moneyball and Black Swan.
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Black Swan Green is a good read too while you're at it.
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The Jack Schwager 'Market Wizards' series: interviews with top financial traders but all totally relevant to BF since they deal with finding an edge / dealing with setbacks / money management / psychological aspects.
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Mastering Betfair is a beginners' book imo, which may or may not be what you're after...Moneyball is definitely a great read whether you find it particularly relevant or not
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The Market Wizards series mentioned by Andriy is excellent.
Trading Risk by Kenneth L. Grant is a book I found extremely useful early on in my trading. Fortune's formula is good. These online courses are nice as well if that's your thing: https://www.coursera.org/course/modelthinking https://www.coursera.org/course/behavioralecon |
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"Fooled By Randomness"
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The Pullein book on Football betting is worth
a read if you are into stats, most people are not!! |
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hahahaha fron kps biggest (only) fan
theres quite a sad autobiog "The Fall and Fall of a failed bookie" by Cherry Ken chronicling the decline of a pompous nobody who lived in a dream world where he imagined he owned a string of betting shops and horses, where in fact he spent all his time posting endless drivel and losing bets on a betting forum - a salutory tale |
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Lori 07 May 14 18:36 Joined: 20 Apr 04 | Topic/replies: 49,194 | Blogger: Lori's blog My standard answer to this is "Moneyball". It is not a gambling book. It should be. And the recently released Flash Boys by the same author is great. |
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High probability trading : take the steps to become a successful trader by Marcel Link.
(Money management, strategies,discipline). Thinking, Fast and Slow by Daniel Kahneman: (the psychological basis for reactions, judgments, recognition, choices, conclusions, heuristics and biases). |
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Thanks for the suggestions! I have just read "Investment psychology explained" by Martin Pring. Very useful book on the basics of psychology and very applicable to betting. Would definitely recommend.
Also read Market Wizards. Very good book and some very useful money management points. Will be reading the Kahneman book next and either Flash Boys or Moneyball. |
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Are there any money management books that are particularly good?
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I think Portfolio Management Formulas by Ralph Vince is quite good for this in parts.
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If you like Thinking fast and slow, I'd suggest reading more of Kahneman (and Tversky's) stuff. Extremely high quality.
This is also an excellent and massively underrated book (don't be put off by the boring sounding title). http://www.amazon.co.uk/Expert-Political-Judgment-Good-Know/dp/0691128715 I would rate it much higher than for example Nate Silver's book the signal and the noise although Tetlock's book is more technical and less 'entertainingly' written. I would only suggest reading it if you really like Kahneman and Tversky's stuff. |
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The Jack Schwager 'Market Wizards' series: interviews with top financial traders but all totally relevant to BF since they deal with finding an edge / dealing with setbacks / money management / psychological aspects.
-------------- Totally agree with this. Don't be put off by the hysterically awful cover (crappy drawing of a bloke in a wizard outfit sitting at an 80s style computer). |
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Lol..just dug it out and that cover 'art' is just as described...his purple wizards cloak and pointy hat are covered in signs from the financial world ie £, $, % and also JY (presumably Japanese Yen!)
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