The 10 Best Books About Sports Betting

There’s no shortage of sports betting content out there, but who can you trust?

We know touts online have a tendency to inflate their percentages, and at the end of the day, they don’t offer much advice on how to actually improve as a sports bettor. Most of them are degenerate gamblers, anyway.

To really make a dent in the sports betting world and make serious inroads into becoming profitable, you’ve got to pick the brains of the experts. Those that have made a career in gambling and picking winners.

From journalists to mathematicians, professional gamblers to investors, here are the 10 best books about sports betting every aspiring punter should read.


Mathletics: How Gamblers, Managers, and Sports Enthusiasts Use Mathematics in Baseball, Basketball, and Football

Mathletics is a remarkably entertaining book that shows readers how to use simple mathematics to analyze a range of statistical and probability-related questions in professional baseball, basketball, and football, and in sports gambling. How does professional baseball evaluate hitters? Is a singles hitter like Wade Boggs more valuable than a power hitter like David Ortiz? Should NFL teams pass or run more often on first downs? Could professional basketball have used statistics to expose the crooked referee Tim Donaghy? Does money buy performance in professional sports?

Weighing the Odds in Sports Betting

Weighing the Odds in Sports Betting explains how to beat such sports bets as season wins, parlay cards, first halves, totals, and March Madness pools.

The Odds: One Season, Three Gamblers And The Death Of Their Las Vegas

One gambler is a manic former cokehead with an Ivy League degree. The second is a college dropout trying to make a living at the only thing he enjoyed at school—gambling. The third, one of Vegas’s most respected bookmakers, is perilously close to burning out. The Odds follows the lives of these three professional gamblers through a college basketball season in a one-of-a-kind city struggling to reconcile its lawless past with its family-friendly makeover.

Squares & Sharps, Suckers & Sharks: The Science, Psychology & Philosophy of Gambling

People have been gambling, in one form or another, for as long as history itself. Why? Money, entertainment, escape and a desire to win are all traditional explanations. Arguably, however, these are secondary considerations to a higher order purpose: a craving for control. Gambling offers a means of gaining authority over the unknown, granting us a sense of control over uncertainty. Almost always that sense is illusionary – gambling, including betting and investing, is essentially random – yet for many it is nonetheless profoundly rewarding. This book attempts to explore the reasons why. Along the way, it examines: The science of probability and uncertainty; Why gambling is often condemned; The difference between expectation and utility; The irrationality of human beings; Evolutionary perspectives on gambling; Luck and skill; Market efficiency and the wisdom of crowds; Why winners take all; Cheating; Why the process matters more than the outcome.

Gambling For Life: Harry Findlay

Harry Findlay: Gambling For Life reflects one man’s extraordinary passion for gambling. How he cannot live without it. And how he knows that, even if he loses all of his money, he can never be a loser. 

Mastering Betfair: How to make serious money trading betting exchanges

Mastering Betfair takes the reader through many low-risk strategies developed by the author over the past three years, showing how you too can benefit from these approaches to the betting exchanges. It also explains in detail why and how the Betfair user should employ disciplines – such as managing risk – that are normally associated with trading the financial markets. Indeed, through doing this it is hoped that the book will draw the attention of financial traders to the unique opportunities available on Betfair.
This book is essential reading for anyone looking to take their Betfair trading to another level and start making some serious money.

Sharp Sports Betting

Sharp Sports Betting explains the logic and math of sports bets, including such exotic bets as parlays, teasers, and props. 

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

Everyone wants to succeed in life. But what causes some of us to be more successful than others? Is it really down to skill and strategy; or something altogether more unpredictable? This book is the word-of-mouth sensation that will change the way you think about business and the world. It is all about luck: more precisely, how we perceive luck in our personal and professional experiences. Nowhere is this more obvious than in the markets we hear an entrepreneur has vision or a trader is talented, but all too often their performance is down to chance rather than skill. It is only because we fail to understand probability that we continue to believe events are non-random, finding reasons where none exist. This irreverent bestseller has shattered the illusions of people around the world by teaching them how to recognize randomness. Now it can do the same for you.

Scorecasting: The Hidden Influences Behind How Sports Are Played and Games are Won

In Scorecasting, University of Chicago behavioral economist Tobias Moskowitz teams up with veteran Sports Illustrated writer L. Jon Wertheim to overturn some of the most cherished truisms of sports, and reveal the hidden forces that shape how basketball, baseball, football, and hockey games are played, won and lost.

Mathematics in Games, Sports, and Gambling: The Games People Play

Mathematics in Games, Sports, and Gambling: The Games People Play, Second Edition demonstrates how discrete probability, statistics, and elementary discrete mathematics are used in games, sports, and gambling situations. With emphasis on mathematical thinking and problem solving, the text draws on numerous examples, questions, and problems to explain the application of mathematical theory to various real-life games.
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