Best Gifts For Sports Betting
There are many angles to approach searching for a great sports betting book: psychological, biographical, or just plain statistical. Many books that deal with mathematics and investment strategy double-up as quality reads for sports bettors, but what about books that are written matter-of-factly and specifically for those interested in betting on sports?
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Fortunately, there are several books worth picking up if that’s what you’re after. Unfortunately, there are even more that are filled with fluff and information that isn’t driven by data or real-life experiences. Let’s talk about six of the best books purely about sports betting that you should take a look at as we jump into 2019.
Sharp Sports Betting
Stanford Wong’s Sharp Sports Betting has been one of the best paperbacks for getting into and understanding sports betting ever since it was released in 2001. Due to its broad approach and easy read, this is a classic worth suggesting to anyone just getting their feet wet in sports betting. Sharp Sports Betting goes through the logic and mathematics involved in placing simple sports bets but also delves into parlays, props, and teasers.
Although the book is an excellent primer for anyone attempting to make money in sports betting as a whole, Wong specifically uses NFL data to explain several theories and practices. This includes, but is not limited to, frequencies of pushes against different spreads and different totals. The book also includes odds charts
However, this information is still invaluable and can still be applied to sports betting. The book also covers online betting, understanding odds, basic terminology, and more. There’s a lot crammed into this book, and I see many reviewers labeling it the “bible of sports betting.”
You should definitely pick this one up if you’re looking for your first book on sports betting.
Scorecasting: The Hidden Influences Behind How Sports Are Played and Games Are Won
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Scorecasting is a culmination of the minds of Tobias Moskowitz, a University of Chicago behavioral economist, and L. Jon Wertheim, one of Sports Illustrated’s most senior writers. Their combined insight provides rich and data-driven analysis on determining the outcome of games in basketball, baseball, football, and hockey.
Through the research of Moskowitz and Wertheim’s years of experience, the two draw conclusions on the influence of factors like home-field advantage, biases that umpires display when calling a pitch, and the prevalence and consequences of no-calls across every sport.
Mark Cuban, owner of the NBA’s Dallas Mavericks, is quoted saying, “I love this book. If I told you why, the NBA would fine me again.” Steven D. Levitt, co-author of the famous Freakonomics, has said that Scorecasting is the closest thing to Freakonomics since the original due to the unconventional thought processes outlined all throughout it.
The manner of chapters in Scorecasting is non-sequential, but the statistics provided are simple enough to not completely overwhelm the reader. The book answers a striking number of sports myths and misconceptions, such as “hot hands” and momentum, why professional teams overvalue draft picks, and fourth-down coaching psychology.
If you appreciate the statistical side of sports betting, this book is a great choice.
Trading Bases: How a Wall Street Trader Made a Fortune Betting on Baseball
Released in 2014, Trading Bases is one of the more recent books on sports betting. It explains the story of Joe Peta and how a Wall Street trader risked everything he had by turning away from the stock market and getting involved in betting on MLB games.
The book, written by Peta himself, includes a wealth of information specific to betting on baseball games. It’s more story-driven than some of the other options on this list, but Trading Bases doesn’t skimp on facts, data, and statistics.
Several chapters are dedicated to Peta’s experiences with Wall Street, but the heart of this book deals with his successful transition into MLB betting. It’s a unique perspective to see how Peta draws similarities and differences between trading on the market and placing bets on baseball games. It reads like a memoir, and it’s great to have a first-hand account of the risks and responsibilities in turning your back on a successful career to gamble on professional sports.
Trading Bases is a great read for anyone interested in a transition from trading to betting or just learning the risk-analysis skills required to win money off of betting on MLB games.
Picking Winners: A Horseplayer’s Guide
Picking Winners is hardly a fresh face, having been published in May of 1994, but there’s a reason why it’s still the #1 best seller in the track betting category on Amazon. It’s a classic guide that Thoroughbred racing enthusiasts describe as the prerequisite reading material.
In this book, Andrew Beyer outlines a then-unique handicapping style that many other publications have since copied and adopted for their own personal use. Many will describe Picking Winners as old and dated, but the lessons provided by this book are timeless and still meaningful today.
Beyer shows readers how to make decisions at the track, both comparatively and analytically, providing dozens of examples along the way. Chapters don’t have to be read sequentially, and the personal experiences in Picking Winners relate directly to horse betting yet can even be applied to the market or casinos.
If you’re interested in the fundamentals of handicapping as it relates to track betting, Picking Winners by Andrew Beyers is a great choice.
Sharper: A Guide to Modern Sports Betting
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True Pokerjoe’s Sharper has received raving reviews on Amazon and elsewhere, often cited as one of the best resources available for educating new bettors on how much time, effort, and knowledge is required to make money in sports betting.
Sharper takes a no-BS approach in helping the reader understand their flaws and weaknesses as a bettor, and adhering to the advice and practices detailed in this book could really save you from rough times in your betting future. This book forces you as a reader to accept that you’re going to lose nearly half of the bets you place, even if you play strictly by the book, and prepares you to bet properly and identify the bets that can be won.
A large portion of this book is dedicated to movements and adjustments, such as line movement sharps, +EV expectations for line movements, and other ways to exploit and understand many other types of sports betting movements. Sharper is a brutally honest book that shows why only the top percent are capable of making a living in the world of sports betting.
This is a great educational resource for bettors new and old, explaining fundamentals like push rates and EV, and even going as far as explaining why there’s no merit to win percentages in a vacuum. You’ll definitely learn something from this book.
Good Teams Win, Great Teams Cover: An Underdog’s Tale of Life, Gambling and Sharp Sports Betting
The most anecdotal, narrative book and the last on our list is also the most recent. Good Teams Win, Great Teams Cover is an entertaining tell-all from Pat Hagerty that has remained near the top of the best sellers – and is currently the #1 best seller – in sports gambling on Amazon since 2016.
This book blends together analysis, statistics, personal experiences, and even humor to tell the tale of a degenerate gambler who makes it big in gambling primarily on college sports and the NFL. This book uses analogies beautifully to illustrate points and paint a picture for the reader on gambling topics that may otherwise be unclear if you’re a novice.
Through colorful writing and, at times, hilarious storytelling, Hagerty goes over the key terms and jargon you’ll often hear, real-life scenarios that you’ll find yourself in while sports betting, general life advice to help you pull through the slumps of the business, and so much more. Good Teams Win, Great Teams Cover isn’t sold off as a system, but instead as sets of information and personal accounts that should be looked at holistically.
If you’re looking for a great sports betting story with comedic wit speckled all throughout it, this is the book for you.
Conclusion
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Whether you’re looking for a good story, a beginner’s guide, or veteran tips and tricks to keep you afloat in the game of sports betting, there’s a good read for you in these six books. Each offers their own unique perspective, but all aim to make you a sharper and more responsible sports bettor. Remember, there’s no such thing as a get-rich-quick book on sports betting, but taking in the experiences and advice of others will inevitably result in a higher winning percentage.
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