Topic: What to read about gambling? (Read 901 times)

Having knowledge in gambling will help us to understanding the gambling games that we want to play so we can know what we need to do. We can prepare many things based on what we know so we can start to analyze the things that should be done. We will have more reference especially if we know where we can get more info about what we need. We can decide what is the necessary thing we need to do in any gambling games so we will not get a wrong ways and have a fun things from gambling. And yes, I agree that winning in sports betting will depends on skills and luck.

That is a good thing to do, they would get to clear their queries, ask specific questions and understand gambling at a more closer level along with doing their own research.

That is how most of the non-gamblers here learnt about gambling. I did not know much about the major EV- games that used to run, some sport betting and poker.

Here topics on gambling and the good and bad of gambling are being talked about, all have their fair share and it will be a balanced discussion.

I have nothing new to learn about gambling because the outcome of gambling runs with our luck. But we should change our mindset so that we can easily accept the results of my gambling. When it comes to real-life gamblers, research should be done to ensure that your bet is a certain amount. I don't consider gambling as a money making profession because my losses are minimal, because i don't want to bet again to get back the lost money. I want to invest my winnings in any business so that i don't get too greedy.

As a profitable poker player for more than 5 years (low/mid stakes). I can confidently recommend some gems which I have read and find very useful. Some might argue about their relevance in today's poker (old books ) but believe me they are worth reading, especially for a beginner;

1. Doyle Brunson's Super System 2 by Doyle Brunson (miss you a lot dolly, ten duece off  ).
2. The Mental Game of Poker: Proven Strategies for Improving Tilt Control, Confidence, Motivation, Coping with Variance, and More by Jared Tendler (Author), Barry Carter (Author).
3. Play Poker Like the Pros: The greatest poker player in the world today reveals his million-dollar-winning strategies to the most popular tournament, home, and online games (Harperresource Book) by my favorite Phil Hellmuth Jr.

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You are right about the importance of books but I will highly suggest you tournament poker course by 'Raise Your Edge' if you can not afford it then watch their YouTube channel you will learn a lot.

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Yes, I read this book. However, it did not make much of an impression on me. This principle itself has been expressed many times in different formulations before. By the way, this principle works in trading too, not only in poker. Therefore, we can say that this principle is universal. What is this book about and what is this principle about? The principle says that a good strategy cannot always bring profit right away. In the short term, it can even be unprofitable. A good strategy brings profit only in the long run, when chance stops working. This is the right principle, but one principle is somehow not enough for a whole book. And stretching out the discussion of 1 principle for a whole book... maybe someone likes it, but not me.

If your friend is a sports bettor, the only books they should be reading should be articles on the current form of the teams and athletes. We bet based on current form in sports, not some past glory. Books don't metamorphosize to capture current reality. As for casinos, there's no theory to winning. It's all practical and luck. Books are theories.

Even most authors of such books aren't millionaires, let alone being billionaires. It's all motivational and marketing strategy. If there were reality to all that, those who teach Economics and Financial Literacy, Empowerment and all that would be the richest set of people on earth, as has been consistently argued in several quarters.

True, on which everything will really be that basing up into its relevance because it doesnt really have any sense that you would really be that trying out to deal up or making up some reading or making some analysis or information about on the moment that you do deal up with casino based games or with those pure luck on which you dont really see out that there's no such thing about that could be able to alter out that kind of profitability towards it rather than on pure luck, on which this will really be that totally different if  you are really that dealing up with sports betting and other correlated gambling or betting type on which this is where you can be able to obtain up that kind of possibility that you can be able to increase your winning chance or simply having that relevance about reading up and applying it through your analysis. On the moment that you do hover yourself into the gambling field, then it will really be that impossible that you wont be able to notice things up accordingly on which it will be that better that you should really be able to assess about the relevance in between pure luck and to those analysis based type of gambling on which you can be able to spot out on where application of analysis will really be that important and must be considered. You cant really be just that so confident on putting up some bets without having any consideration when it comes on strategies specially on sports betting or even on playing yourself with card games on which you will be finding out its importance at the moment that you do play.

Yes, knowledge is important but it also depends on what type of game you are playing, for example if you are involved in a casino game then actually no matter how much knowledge you have and how good your strategy is in the end it still won't be able to affect the results at the end of the game, unless for example we are talking about sports betting which does have statistical data and standings that we can analyze to be used as a reference in making decisions and that is indeed useful for increasing the chances of winning. But on the other hand we must also understand that knowledge and skills are nothing more than tools that are only useful for getting closer to victory but do not guarantee that you will win, so it can be said that sports betting is a combination of skill and luck.

First of all it would be important to decide if he would complexly like to exclude chance based games.
There's not much to read about roulette and slots etc that are completely chance based anyway.
Maybe you can learn some rules about roulette. But slots are completely mindless of a game so no book is gonna do justice in terms of learning anything about them these days.

As of card games, there are some great resources in terms of learning card counting, or how to play perfect black jack to maximize your advantage. Also many great books on poker.

But if it comes to sports betting, it's mostly about understanding the sport and then delving into the odds. I don't have any particular book recommendations but at least I'd say start with some YouTube videos. I don't think looking for good odds is something that requires so much as a book to be explained. Just read some article about how house edge is calculated in sports gambling. After you understand that well you'll be able to spot good odds with some intuition too.

When selecting a bookie look at some odds aggregator website to decide which ones generally have good odds. And also keep looking because these things can change gradually.

Sometimes it is hood to make the foundation of what you are doing and history also so that you can have a good understand whether you could be successful doing such a thing consecutively. Gambling is meant to be fun but there are still people that do not find it funny maybe because they are not making as much as they expected from betting.  Getting is big and sometimes we could not get what we really want from it.

It is important we concentrate and tries to as much to read about gambling and study what strategies others are using to getting their goals in order. We might not win as much as we have programmed but it is definitely going to be amazing, making some money for ourselves.

True but you still need the knowledge regardless. You actually do need knowledge to be able to gamble because it's very essential as you need it to be lucky,  you don't get lucky all the time without having the knowledge to utilise opportunities as such, only the knowledgeable ones are going to always have an edge over the ones the ones who have limited knowledge. But luck is paramount.

Just like reading a book to then tell how players will perform on the pitch gambling on sports bet. Nothing like theoretical knowledge, books are not going to solve any consistent loses from the gambler instead it will continue increasing the amount of loses from the gambler due to trying out different patterns that are not the cure.

Gambling, especially sports betting is a game of luck, life events and predictions, the team needs to be in form and many other notable concerns are to be put into consideration before finalizing on what to stake and expect to win.

Honestly, for anyone who is a beginner within the world of gambling I would not recommend any book which tries to explain the rules and techniques of specific games like poker or blackjack. Instead, I think it would be more productive to start by reading a book about chances and probabilities, so people can have a better idea on concept related to the Gauss probability distribution and how to apply it to casino games, lotteries and even poker. It gives a better glimpse on how low or high ones chances are to walk out the casino with more money than one had initially, when entered.
If people focuses a little bit more of those books (which could be rather boring for most of the people out there) there would be less gambling addicts and more responsible people who understand that casinos are a business and they know how to manage the laws of chances to guarantee a long time profitability.

Books won't make anyone overcome the house on long term. There are people selling books about gambling subject, but they aren't different from the coaches who sell books teaching people on how to become millionaires. These guys are profiting from the books sales, while not giving any guarantees to the ones who purchased their products. Information about gambling is available on the internet. You don't need to read books to understand how it works and what you should expect from it.

I think the mistake here is to believe loss is being faced because there isn't enough knowledge absorbed from books by the gambler. General and updated knowledge about teams, players and championships must be more effective than reading books about gambling.

Here, many of us make the first mistake, which is to consider gambling as an investment or money-generating source. And that's why we often get quickly affected by the promotions of many influencers or others on social media, who will give gambling-related signals and by following those signals, we can easily win at gambling.
If we think a little deeper, it will become much clearer to us that is it really possible to win in gambling by reading signals or books? And if it was possible, do you think this industry could still sustain in the market? No, if it was really possible, then most of the online casinos would have become bankrupt and become invisible from the market.

Well, knowledge is very important in gambling. And reading some gambling stories can be helpful in gaining ideas on what will possibly happen to us. But all of these things are nothing if we never believe them and follow their advice. For me, gambling is not all about having learned the strategies but also having learned how to control ourselves. Many gamblers are wondering why they lose despite having enough knowledge; it is because we are not lucky today. Very unfortunate that most gamblers don't understand this and their position. 

Generally, it's wrong to accept gambling books or contents that's filled with winning strategies. Most authors do that to garners buyers and generate more money. Good books on gaming teaches about responsible gambling and the ability to maintain low expenses. Because the writers of helpful casino works knows that management of funds reduces the rate at which a player would want to chase after losses, so they build concrete information that proves to the reader the need to change how they've been looking at gambling. Expecially those who were convinced of turning their life around (financially) through gambling.

I have already mentioned here that gambling is completely dependent on luck and no book or guide in the world can help you win at gambling. If their title above is that they will help you win, then you have to understand that when you apply their instructions in real life, you will see that the amount of your losses has increased.

And that's why I don't believe in those kinds of books. And I always try to look at those books or articles that talk about how to control your emotions in gambling or about proper gambling money management. And I think that even if they don't increase my chances of winning, they will keep my losses within a certain limit.

My brother it's like you're new to gambling and just having a winning streak. With this response I don't think you understand gambling enough. There's nobody that can grasp a perfect knowledge in gambling. Gambling is dependent on our luck because even the P2P games like poker, it's possible that you'll meet a stronger opponent one day or in series of sessions and lose your stake. So there's no knowing the games in and out. It's advised to gamble responsibility and stake amounts that you can afford to lose, else you might be heading straight into addiction unknowingly to you.

Gambling usually does not require any special kind of knowledge to play and win, and by gambling, I mean actual gambling like playing casino and slot games, and other games based on pure luck.. But then, reading books on this topic can actually teach the basics, like how we can maintain a good gambling habit like practising responsible gambling and all that, what we know as a knowledge in this regard does not contribute anything to our winning or losing games, since this is purely based on luck, but can only help us not become addicted gamblers.

And talking about sports betting, some book knowledge can help here, but it's on the basic level, sports is very dynamic and change from time to time as player leave and players come in, I've talked about this in my previous comments on this thread.
So, book knowledge about sports betting can only teach the basics of betting, it doesn't not help in any way when it comes to choosing a team to place bets on, this will always be based on latest information you (the bettor) have on the team playing.