I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people **max bet on penny slots** about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

Semenets defeats Podolian , , , Table tennis! Players compete several times a day in these events, and you can see how an attentive viewer could perhaps gain an edge handicapping these individual matchups. Not me, but an attentive viewer.

I realize I have inadvertently bet on the same underdog twice. Contact Jim Barnes at jbarnes reviewjournal. Unsubscribe at any time. Some products and merchandise listed on this site may contain affiliate links in which the publisher of this site may receive a commission or portion of the sale. Don't miss the big stories. Like us on Facebook.

Patrick Cantlay is now the favorite at Perhaps more improbable than Tom Brady leaving New England after 20 years and leading Tampa Bay to a Super Bowl title in his first season there was the manner in which the Buccaneers beat the Chiefs. Las Vegas books reported a win their 29th Super Bowl in the 31 years since the Nevada Gaming Control Board started tracking the game in Refresh constantly for minute-to-minute updates on all of the Super Bowl action — player props, live line movement, halftime bets and more.

Video capture. The Setka Cup logo, taken from a live video feed of the table tennis matches. By signing up you agree to our Privacy Policy and Terms of Service. February 9, - pm February 9, - pm. World No. Worst bad beat in Super Bowl involves Italian soccer.

Nevada Super Bowl betting handle lowest since February 9, - am February 9, - pm. Glitches cause issues for some betting outlets during Super Bowl. There are many knowledgeable sports bettors who have the ability to write quality books on their craft. Why have so few of them written books on the subject? Unfortunately, the financial reward they expect to get from writing a book is probably not worth the effort. Most bettors who have the knowledge to write quality sports-betting books decide it is negative EV EV is explained in chapter 2 to give out information when the expected royalties from a book are relatively small compared to the size of their wagers.

In addition, it takes time and energy to write a book. Instead of writing a book, skillful sports bettors may sell information in the form of picks, which will probably net them more income than royalties from a book. Selling picks does not require any explanations, so they do not have to reveal their methods. Sports betting is different from poker in that it is a worldwide market similar to a financial market. If someone in New Zealand makes a large wager, it is possible that his wager can affect me directly by moving the line on the game around the world, thus denying me the opportunity to make the same wager at the same line.

The sports-betting marketplace has similarities to the financial world. I was able to transfer my training and experience in trading options and other derivative products to sports betting. The information in this book is some of the things I have learned during that time. There are many different ways to approach sports betting, and the more I delved into it, the more interesting and challenging I found it.

Or you can approach it from the point of view of a scalper or middler. There are numerous ways to attack the sports betting market and find positive EV. That article, on the analysis of a Super Bowl prop, is the foundation for chapter 12 of this book.

I enjoyed writing the article as it forced me to focus on a specific topic and explore it in-depth and from different angles. After a few months of writing articles, I started thinking about writing a book, the book that you now are reading. I knew I had to make sound logical arguments if my writing were to be published. But I was also prepared for the possibility that someone might catch an error, which actually did happen with that first article. I did not mind being corrected since learning from my mistakes allowed me to improve both my writing and my own betting.

The same logic applies to this book: If you find an error, please tell me about it. I am both a sports bettor and a writer, and willing to improve in both endeavors. I wrote this book is to satisfy my own ego. There are few good books on sports betting, so my contribution to the literature will be more significant than a similar effort in another field.

My enjoyment of the writing process and my ego outweigh the possible negative EV in writing the book, thus making it positive EU expected utility for me. I enjoy following, betting, and thinking about sports more than I enjoy following stocks, thinking about interest rates and trading in the financial markets. I would rather analyze how Alex Rodriguez will perform in his next playoffs given his poor past performance than how PAC IOs will perform given an increase in mortgage refinancings.

I would rather evaluate how often a baseball team is expected to win by more than 1 run given certain variables than evaluate the skewness of an out-of-the-money put in the Pharmaceutical Index. I would rather compare the relative strengths of the Colts and Patriots when playing on a cold November night in New England than compare the relative differences in volatility, skew and kurtosis between the SPX and NDX indices.

Making money in sports betting is just as challenging as making money in the financial markets. My enjoyment of sports made it easy for me to choose sports betting over trading in the financial markets. Being my own boss, waking up when I feel like it, watching tons of baseball, basketball and football games and traveling frequently to Las Vegas all helped tip the scale towards sports betting. You probably have similar interests in sports if you are reading this book.

I view and explain the sports-betting market as if it were a financial market by applying skill sets from my background in derivatives trading. I wrote this book from the perspective of a trader and a bettor, not from the perspective of an academic researcher. Conclusions reached by research of historical sports data are results from limited sample sizes. The smaller the sample size, the less reliable the data are in predicting the future.

On the other hand, results from large sample sizes are well known and usually embedded in betting lines. Bettors who do a good job interpreting data from small sample sizes have an advantage. While reading this book, be aware of the sizes of the samples. The smaller the sample size, the greater margin of error you should associate with the results. The larger the sample size, the more you should expect the results are already reflected in betting lines.

Taking bets on sporting events is illegal in most states in the United States. Making bets seem to be in a gray legal area. With that in mind, this book is geared towards betting in Nevada, especially Las Vegas. If you live in a country where sports betting is legal and socially accepted, consider yourself lucky.

You are more likely to get paid on a winning bet made in Nevada than anywhere else. The industry is regulated in Nevada, and there is an avenue for you to voice grievances if you feel the sportsbook has treated you unfairly. Justice may not be served all the time, but it is better than wondering how to get your money back from a tiny outfit in the Caribbean Islands. Any wager that is made in Nevada cannot be retracted by the casino once the bet is made.

This is not the case in other places, where sportsbooks sometimes cancel wagers after they are made if they feel they put up a bad line. Some notorious Internet sportsbooks have canceled wagers after a game was played, presumably due to having a big imbalance of action and their side losing!

Nevada is the safest place for sports bettors. Some of the tables in this book might be images, which cannot be read as text. If you want to access those tables in a format that can be read as text, go to:. This chapter goes over some basics of sports betting.

All sports bettors should know the information in this chapter. You are in the supermarket shopping for bread. You see two brands that you like equally, but one is cheaper. You decide to buy the cheaper one. You have just made a decision by comparing the expected value of the two brands of bread. You are driving on a highway during rush hour. Your lane seems to be going slower than the lane to your left. The first chance you get, you switch over to the left lane so you can get home faster.

You have just made a decision based on the comparison of the expected value of the two lanes. You are at the sportsbook watching a game and the first half just ended. One team is playing without emotion and you think that will be the cause of their downfall in the second half. You decide to make a second half bet against the emotionless team based on your gut feeling.

Right or wrong, you have just made a decision based on the perceived expected value of the teams. Expected value is a concept that all people use in their daily lives, sometimes without being conscious of it. Whenever there is a choice, expected value can be useful in making a decision.

Sometimes the values are not purely monetary. The value could be based on happiness, a term that academics like to call utility. Although often there is no need to use a formula to calculate the expected value of a decision, there are cases where a calculation gives a result that is counterintuitive, or shows why an idea is correct or incorrect. It can also help to pinpoint factors to consider in sports betting. Expected value EV describes the value of an event averaged over all possible outcomes.

It is a way to describe situations that can have different results. Consider a basketball player at the free throw line. The EV of the number of points scored with one free throw attempt is 0. Wade either makes the free throw and scores one point or misses the free throw and scores no points; but on average, with one free throw, he is expected to score 0.

The concept of EV is used throughout this book to demonstrate the value of certain bets and ideas. This chapter introduces EV, and shows how it is calculated and how it can be used. To calculate the EV of an event, take all possible outcomes and assign each of them a monetary result and a probability.

The sum of the individual results, each multiplied by its probability, equals the EV of that event. If the EV of the event is a positive number, the event has a positive expectation or positive EV. If the EV of the event is a negative number, the event has a negative expectation or negative EV. Here is an example with a roll of a single die. You roll a fair die, and each of the six faces has an equal chance of coming up. Below are the probabilities of each roll and the results.

The last column shows the multiplication of the Probability and the Result columns. This information can be written as a mathematical equation:. In mathematics the order of operations is to do everything within parentheses first in this case there are no operations within parentheses , then multiply and divide, and then add and subtract. Look at another example. This is a great game for you, provided your opponent is not cheating.

Khairov is carrying some extra weight, and he has some gray in his hair, plus a bald spot. Of course, Khairov controls the entire match. When Yatsenko hits into the net for about the millionth time to go down in the third set, he lets out a big sigh.

Me, too, brother. I figured that was a freak occurrence, but maybe this sport is more favorite-heavy than I thought. Semenets is slight and a little awkward. Podolian seems fit, muscular, and he romps in the first set. But you never count out Serhii Semenets. He rolls in the second set and rips off the last five points to win the third.

Semenets defeats Podolian , , , Table tennis! Players compete several times a day in these events, and you can see how an attentive viewer could perhaps gain an edge handicapping these individual matchups. Not me, but an attentive viewer. I realize I have inadvertently bet on the same underdog twice.

Contact Jim Barnes at jbarnes reviewjournal. Unsubscribe at any time. Some products and merchandise listed on this site may contain affiliate links in which the publisher of this site may receive a commission or portion of the sale. Don't miss the big stories. Like us on Facebook. Patrick Cantlay is now the favorite at Perhaps more improbable than Tom Brady leaving New England after 20 years and leading Tampa Bay to a Super Bowl title in his first season there was the manner in which the Buccaneers beat the Chiefs.

Las Vegas books reported a win their 29th Super Bowl in the 31 years since the Nevada Gaming Control Board started tracking the game in Refresh constantly for minute-to-minute updates on all of the Super Bowl action — player props, live line movement, halftime bets and more. I would rather compare the relative strengths of the Colts and Patriots when playing on a cold November night in New England than compare the relative differences in volatility, skew and kurtosis between the SPX and NDX indices.

Making money in sports betting is just as challenging as making money in the financial markets. My enjoyment of sports made it easy for me to choose sports betting over trading in the financial markets. Being my own boss, waking up when I feel like it, watching tons of baseball, basketball and football games and traveling frequently to Las Vegas all helped tip the scale towards sports betting.

You probably have similar interests in sports if you are reading this book. I view and explain the sports-betting market as if it were a financial market by applying skill sets from my background in derivatives trading. I wrote this book from the perspective of a trader and a bettor, not from the perspective of an academic researcher. Conclusions reached by research of historical sports data are results from limited sample sizes. The smaller the sample size, the less reliable the data are in predicting the future.

On the other hand, results from large sample sizes are well known and usually embedded in betting lines. Bettors who do a good job interpreting data from small sample sizes have an advantage. While reading this book, be aware of the sizes of the samples. The smaller the sample size, the greater margin of error you should associate with the results. The larger the sample size, the more you should expect the results are already reflected in betting lines.

Taking bets on sporting events is illegal in most states in the United States. Making bets seem to be in a gray legal area. With that in mind, this book is geared towards betting in Nevada, especially Las Vegas. If you live in a country where sports betting is legal and socially accepted, consider yourself lucky. You are more likely to get paid on a winning bet made in Nevada than anywhere else.

The industry is regulated in Nevada, and there is an avenue for you to voice grievances if you feel the sportsbook has treated you unfairly. Justice may not be served all the time, but it is better than wondering how to get your money back from a tiny outfit in the Caribbean Islands. Any wager that is made in Nevada cannot be retracted by the casino once the bet is made. This is not the case in other places, where sportsbooks sometimes cancel wagers after they are made if they feel they put up a bad line.

Some notorious Internet sportsbooks have canceled wagers after a game was played, presumably due to having a big imbalance of action and their side losing! Nevada is the safest place for sports bettors. Some of the tables in this book might be images, which cannot be read as text. If you want to access those tables in a format that can be read as text, go to:. This chapter goes over some basics of sports betting. All sports bettors should know the information in this chapter. You are in the supermarket shopping for bread.

You see two brands that you like equally, but one is cheaper. You decide to buy the cheaper one. You have just made a decision by comparing the expected value of the two brands of bread. You are driving on a highway during rush hour. Your lane seems to be going slower than the lane to your left.

The first chance you get, you switch over to the left lane so you can get home faster. You have just made a decision based on the comparison of the expected value of the two lanes. You are at the sportsbook watching a game and the first half just ended. One team is playing without emotion and you think that will be the cause of their downfall in the second half. You decide to make a second half bet against the emotionless team based on your gut feeling.

Right or wrong, you have just made a decision based on the perceived expected value of the teams. Expected value is a concept that all people use in their daily lives, sometimes without being conscious of it. Whenever there is a choice, expected value can be useful in making a decision. Sometimes the values are not purely monetary. The value could be based on happiness, a term that academics like to call utility.

Although often there is no need to use a formula to calculate the expected value of a decision, there are cases where a calculation gives a result that is counterintuitive, or shows why an idea is correct or incorrect. It can also help to pinpoint factors to consider in sports betting. Expected value EV describes the value of an event averaged over all possible outcomes. It is a way to describe situations that can have different results. Consider a basketball player at the free throw line.

The EV of the number of points scored with one free throw attempt is 0. Wade either makes the free throw and scores one point or misses the free throw and scores no points; but on average, with one free throw, he is expected to score 0. The concept of EV is used throughout this book to demonstrate the value of certain bets and ideas. This chapter introduces EV, and shows how it is calculated and how it can be used. To calculate the EV of an event, take all possible outcomes and assign each of them a monetary result and a probability.

The sum of the individual results, each multiplied by its probability, equals the EV of that event. If the EV of the event is a positive number, the event has a positive expectation or positive EV. If the EV of the event is a negative number, the event has a negative expectation or negative EV. Here is an example with a roll of a single die. You roll a fair die, and each of the six faces has an equal chance of coming up.

Below are the probabilities of each roll and the results. The last column shows the multiplication of the Probability and the Result columns. This information can be written as a mathematical equation:. In mathematics the order of operations is to do everything within parentheses first in this case there are no operations within parentheses , then multiply and divide, and then add and subtract.

Look at another example. This is a great game for you, provided your opponent is not cheating. This shorter equation is simpler than writing out each term. Losses outnumber wins; on average you lose five out of every six rolls. Most lines that sportsbooks offer are efficient. On most point spread wagers, the sportsbook collects the juice in that you have to risk more than you can win on a straight bet.

Here is a sports betting EV example. The Celtics are a 3. If most lines on the board are efficient, then most bets made by bettors have negative EV from the point of view of the bettors. The sportsbook has the disadvantage of not choosing which team you will bet on.

But if the book sets all lines reasonably correctly, then it holds a big advantage over most gamblers. You should try to put yourself into situations where you have positive EV. Winning requires being able to distinguish between situations with positive EV and situations with negative EV. When you find a positive-EV bet, jump on it. When you see a negative-EV bet, pass. Losing sports bettors are not able to distinguish between positive and negative EV, so they often make negative-EV bets.

The goal of this book is to help you better identify positive-EV and negative-EV situations. Square bettors squares are people who often make negative EV bets. Sharp bettors sharps are people who often make positive EV bets.

Semi-sharp bettors often make the same plays as sharp bettors, but who may not have the ability or the knowledge to adjust or adapt as quickly. The betting line on a participant usually a team or a person to win an event outright is expressed in terms of money lines. If the money line is negative, you have to risk that amount in order to win For example, in the money line means you have to risk to win If the money line is positive, you have to risk to win that amount.

Convert a money line into its equivalent win percentage by dividing the amount you risk by the amount your ticket will be worth if your bet wins. The ticket amount is your win plus the amount you bet. If the money line is negative, then take the money line and divide it by itself minus For example, a money line of converts to If the money line is positive, then take and divide it by the money line plus A point spread is an artificial adjustment to the score of an event in order to determine a winner and loser for a wager.

The favorite lays points and the underdog gets points.

I wrote this book from the perspective of a trader and a bettor, not from the perspective of an academic researcher. Conclusions reached by research of historical sports data are results from limited sample sizes.

The smaller the sample size, the less reliable the data are in predicting the future. On the other hand, results from large sample sizes are well known and usually embedded in betting lines. Bettors who do a good job interpreting data from small sample sizes have an advantage.

While reading this book, be aware of the sizes of the samples. The smaller the sample size, the greater margin of error you should associate with the results. The larger the sample size, the more you should expect the results are already reflected in betting lines. Taking bets on sporting events is illegal in most states in the United States. Making bets seem to be in a gray legal area. With that in mind, this book is geared towards betting in Nevada, especially Las Vegas. If you live in a country where sports betting is legal and socially accepted, consider yourself lucky.

You are more likely to get paid on a winning bet made in Nevada than anywhere else. The industry is regulated in Nevada, and there is an avenue for you to voice grievances if you feel the sportsbook has treated you unfairly. Justice may not be served all the time, but it is better than wondering how to get your money back from a tiny outfit in the Caribbean Islands. Any wager that is made in Nevada cannot be retracted by the casino once the bet is made. This is not the case in other places, where sportsbooks sometimes cancel wagers after they are made if they feel they put up a bad line.

Some notorious Internet sportsbooks have canceled wagers after a game was played, presumably due to having a big imbalance of action and their side losing! Nevada is the safest place for sports bettors. Some of the tables in this book might be images, which cannot be read as text. If you want to access those tables in a format that can be read as text, go to:. This chapter goes over some basics of sports betting.

All sports bettors should know the information in this chapter. You are in the supermarket shopping for bread. You see two brands that you like equally, but one is cheaper. You decide to buy the cheaper one. You have just made a decision by comparing the expected value of the two brands of bread.

You are driving on a highway during rush hour. Your lane seems to be going slower than the lane to your left. The first chance you get, you switch over to the left lane so you can get home faster. You have just made a decision based on the comparison of the expected value of the two lanes. You are at the sportsbook watching a game and the first half just ended. One team is playing without emotion and you think that will be the cause of their downfall in the second half.

You decide to make a second half bet against the emotionless team based on your gut feeling. Right or wrong, you have just made a decision based on the perceived expected value of the teams. Expected value is a concept that all people use in their daily lives, sometimes without being conscious of it.

Whenever there is a choice, expected value can be useful in making a decision. Sometimes the values are not purely monetary. The value could be based on happiness, a term that academics like to call utility. Although often there is no need to use a formula to calculate the expected value of a decision, there are cases where a calculation gives a result that is counterintuitive, or shows why an idea is correct or incorrect. It can also help to pinpoint factors to consider in sports betting.

Expected value EV describes the value of an event averaged over all possible outcomes. It is a way to describe situations that can have different results. Consider a basketball player at the free throw line. The EV of the number of points scored with one free throw attempt is 0. Wade either makes the free throw and scores one point or misses the free throw and scores no points; but on average, with one free throw, he is expected to score 0.

The concept of EV is used throughout this book to demonstrate the value of certain bets and ideas. This chapter introduces EV, and shows how it is calculated and how it can be used. To calculate the EV of an event, take all possible outcomes and assign each of them a monetary result and a probability. The sum of the individual results, each multiplied by its probability, equals the EV of that event.

If the EV of the event is a positive number, the event has a positive expectation or positive EV. If the EV of the event is a negative number, the event has a negative expectation or negative EV. Here is an example with a roll of a single die. You roll a fair die, and each of the six faces has an equal chance of coming up. Below are the probabilities of each roll and the results. The last column shows the multiplication of the Probability and the Result columns.

This information can be written as a mathematical equation:. In mathematics the order of operations is to do everything within parentheses first in this case there are no operations within parentheses , then multiply and divide, and then add and subtract. Look at another example. This is a great game for you, provided your opponent is not cheating.

This shorter equation is simpler than writing out each term. Losses outnumber wins; on average you lose five out of every six rolls. Most lines that sportsbooks offer are efficient. On most point spread wagers, the sportsbook collects the juice in that you have to risk more than you can win on a straight bet.

Here is a sports betting EV example. The Celtics are a 3. If most lines on the board are efficient, then most bets made by bettors have negative EV from the point of view of the bettors. The sportsbook has the disadvantage of not choosing which team you will bet on. But if the book sets all lines reasonably correctly, then it holds a big advantage over most gamblers. You should try to put yourself into situations where you have positive EV.

Winning requires being able to distinguish between situations with positive EV and situations with negative EV. When you find a positive-EV bet, jump on it. When you see a negative-EV bet, pass. Losing sports bettors are not able to distinguish between positive and negative EV, so they often make negative-EV bets. The goal of this book is to help you better identify positive-EV and negative-EV situations. Square bettors squares are people who often make negative EV bets.

Sharp bettors sharps are people who often make positive EV bets. Semi-sharp bettors often make the same plays as sharp bettors, but who may not have the ability or the knowledge to adjust or adapt as quickly. The betting line on a participant usually a team or a person to win an event outright is expressed in terms of money lines.

If the money line is negative, you have to risk that amount in order to win For example, in the money line means you have to risk to win If the money line is positive, you have to risk to win that amount. Convert a money line into its equivalent win percentage by dividing the amount you risk by the amount your ticket will be worth if your bet wins.

The ticket amount is your win plus the amount you bet. If the money line is negative, then take the money line and divide it by itself minus For example, a money line of converts to If the money line is positive, then take and divide it by the money line plus A point spread is an artificial adjustment to the score of an event in order to determine a winner and loser for a wager.

The favorite lays points and the underdog gets points. If the point spread is -5, there are three ways to compare the favorite to the underdog:. See how many points the favorite won by, and subtract 5 points. If the result is a negative number or the dog won outright, then the dog beat the point spread. Without any other information or opinion on the line, bettors should assume point spreads are fairly efficient. However, they are not always efficient, and this is when the smart sports bettor can take advantage of the sportsbooks.

Sportsbooks change point spreads with new information. Certain players, aside from the aforementioned leagues, were also banned from being offered. As certain leagues prevented players from even playing during the pandemic, the situation grew even further, as legal sportsbooks were kept offering their products.

This situation has now extended across the entire country as Colorado also suspended their table tennis betting options as well. While this is a developing story, it is fairly clear that table tennis bettors will have to get in on the action at online sportsbooks, if they even feel comfortable jumping into the potentially unregulated matches.

A graduate of both schools, he covers topics focused on legal sports betting, betting odds, and casino reviews. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.

Skip to main content. There's a problem loading this menu right now. Learn more about Amazon Prime. Get free delivery with Amazon Prime. Amazon Best Sellers Our most popular products based on sales. Updated hourly. Best Sellers in Sports Gambling. The Game Company. Sal Iacono. Mark Paul. Katie Banks. The Logic Of Sports Betting. Ed Miller. Josh Appelbaum. The Logic of Sports Betting.

Audible Audiobook. Sports Betting For Dummies. Swain Scheps. James Tippett. Statistical Sports Models in Excel. Andrew Mack. Tim Hornbaker. Sports Betting for Dummies. Scorebooks Essentials. Jason Mezrahi. The Complete Guide to Sports Betting: The six key betting principles that professional bettors use to ensure profit at the sports book.

Kevin Dolan. Then One Day Chris Andrews. Joe Peta. Sharp Sports Betting. Stanford Wong. Ray Walker. Pat Hagerty. Rob Miech. Then One Day Chris Andrews. More items to explore. Training for Speed, Agility, and Quickness-3rd Edition. Lee E. Statistical Sports Models in Excel. Andrew Mack. Defensive Coordinator's Football Handbook.

Leo Hand. Perfect Paperback. New Functional Training for Sports. Michael Boyle. Register a free business account. Don't have a Kindle? Presidents' Day Deal. Get this deal. Customer reviews. How are ratings calculated? Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It also analyzes reviews to verify trustworthiness. Top reviews Most recent Top reviews. Top reviews from the United States.

There was a problem filtering reviews right now. Please try again later. Verified Purchase. Rather than focus on complicated formulas and theories on beating the betting markets, the author explains how he has done it and cites specific examples from his career. He tells you his thought process behind making certain bets, why he thought they were good wagers, and how they turned out. If you ever considered a career in sports betting, or perhaps just want to supplement your income, this is a probably a good starting point.

But he warns readers that profiting from sports betting is no easy task, and a significant time investment is required to put yourself in a position to do so. His main focus appears to be golf, but also describes how he wins at other sports, such as football, baseball, and a brief section on horse racing. Believe it or not, I actually laughed out loud in certain spots. And even non-sports bettors will find much of his material entertaining, such as his chapter on Jeopardy wagering strategy.

I was intrigued the entire read to get in the mind of a professional sports bettor. The author cites plenty of examples of how he has made a living betting sports for the past two decades and what type of advantages you should look for.

I would highly recommend this book to any bettor looking to get an edge over the house, the weekend bettor who plays a couple games for fun, or anyone intrigued like myself to see what it takes to beat the bookies in sports betting.

One person found this helpful. The author doesn't rely much on models but necessarily uses a lot of probability in his gambling. There were some good tidbits on golf wagering but overall this was book was a lot of recounting of various bets the author made, many of which would be much harder now due to sharper books.

There was good entertainment value here but don't expect too much in the way of theory and process. Of course there are numerous books already that do that and the author highlights a few so this book fills a good role of putting you in the mindset of a pro. The author explains how to attack the prop markets by way of numerous examples utilizing "back of the napkin" style calculations.

He rarely uses databases, and never does modeling or regression analysis. He explains one approach to grinding props which can be broken down into two areas: recurring meatballs horribly priced props which are mispriced around the whole market for a variety of reasons , and carpet-bomb pricing -- looking at a gazillion markets, using a bit of logic, and quickly coming up with a price.

There is a lot of discussion on golf props, which seems to be the author's area of greatest success. Sometimes he makes a mistake, or leaves something out of an analysis. This is common with the prop carpet-bombing approach -- it's more important to look at and price lots of markets than to perfectly price only a few. Most wining bettors follow this approach -- "I don't always have to be right, just right most of the time".

There are a few examples in his book where he identifies possible mistakes in his analysis, and retrospects on how to improve. The book reads well with lots of anecdotes and specific examples of bets, and the action sequence where things went as predicted even for the reasons predicted and some where things did not go well.

In addition to talking about gambling, this is his story of how he developed and how things have changed over time. The ideal reader for this book is a new bettor who wants to win, but hasn't ever put a lot of thought or work into his craft -- your typical recreational bettor with a desire to improve. If you can follow his methodology, you're a favorite to win, which is something I rarely say in a review. If you are an experienced winning player you won't learn much new about gambling that you will use.

You might be able to nitpick some methods or risk management, but you will be entertained by this well-written and well-edited book. Doing research on the subject, I came across this book. I have to be honest, I was not looking forward to another read of obscure numbers, boring calculations and theories I couldn't make sense of. I don't care if you are into betting or simply intrigued by this world, this book reads like a hot knife through fresh butter.

Quick to the point, witty, extremely informative, entertaining and even inspiring.