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Topic: What to read about gambling? (Read 2486 times)

hero member
Activity: 2856
Merit: 644
https://duelbits.com/
February 03, 2025, 11:26:56 PM
If I read a book about gambling now, I won't be a complete newbie, because I already have some experience in gambling. I would probably like to learn more about risk management and maybe understanding the probability of winning, because for me it all happens by feel. I understand that my knowledge of gambling is very weak and with this level, gambling cannot be anything more than entertainment. Reading books alone will not be enough either, you definitely need to check everything in the casino, to what extent it will work in the game.
Gambling book? is it like a gambling guide book? I don't think it really exists and if it does I don't know what kind of discussion is involved, or maybe it's a way to win at gambling. I don't think there's anything to read about this, we just need to read the rules that the casino sets so that we gamble according to the rules and don't commit violations that could get us into trouble.

As you said gambling is nothing more than entertainment so there's nothing to pay attention to other than our own behavior towards gambling, some people tend to ignore the rules that the casino sets or the updates that the casino makes until sometimes they get into trouble with their gambling and that's a consequence of their lack of care.
sr. member
Activity: 546
Merit: 268
February 03, 2025, 11:15:41 PM
Recently, a friend of mine approached me with a question about what he should read about gambling. He read a lot of specialized forums and looked at information on websites, but he was not satisfied. He started betting on sports not so long ago, but began to lose a lot and realized that he had a significant lack of theoretical knowledge. He loves books and believes that only books present knowledge systematically, and not chaotically, as on many websites. But his question stumped me. Although I have read some books on sports betting, poker and other games, I do not know what specifically to advise a beginner. What books would you recommend?
I don't understand what benefits reading books can bring when it comes to sports betting. For example, a few days ago, the fifth T20I match was held between England and India, where India batted first and scored 247 runs in the allotted 20 overs. Many people thought England could win the final T20I and many people bet on England, but England performed so poorly in that match that they were all out for just 97 runs. No matter how much knowledge we gain by reading books here, the knowledge from any textbook will not be useful here.
sr. member
Activity: 546
Merit: 265
February 03, 2025, 11:06:23 PM
But his question stumped me. Although I have read some books on sports betting, poker and other games, I do not know what specifically to advise a beginner. What books would you recommend?
What term of advice specifically? Already were have most emphasize on tips of gambling responsible advices where our gambling activities does not affect our daily lives.

We specifically stumbles of keeping good bank records and maintaining good personalities off gambling.

Terms of advices we seeks in gambling differs because we faces different challenges as we tends to figure lapses on the process.

Can you imagine my neighbor a girl of 19 asking me if I know how to predict in gambling because she had been predicting but unable to win. So she was expecting I Will be a better predictor for her.
Then I told her that there is no go guaranteed predictor after much explaining the tense of luck and experience proportions on gambling so that she does not fall victims to the online steamers not weighing her confidence on those parading expert predictors.

I hope then there had been moment of advice and education which would be helpful to newbies.?
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 03, 2025, 09:36:58 PM
If I read a book about gambling now, I won't be a complete newbie, because I already have some experience in gambling. I would probably like to learn more about risk management and maybe understanding the probability of winning, because for me it all happens by feel. I understand that my knowledge of gambling is very weak and with this level, gambling cannot be anything more than entertainment. Reading books alone will not be enough either, you definitely need to check everything in the casino, to what extent it will work in the game.
Yes, that is right because you already experienced in gambling but reading a book give you more knowledge although you can find that from Internet. Books can give different experience for you so you can still read more books to get more knowledge. Yes, we need to learning more about risk management so we will not take a big risk from gambling and we will know how to treat gambling as a fun activity. We don't want to get deeper in gambling because that can make us losing much money. Reading books alone will not be enough so we must search for the other source of income so we can improve our knowledge and use what we learn from that sources.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 03, 2025, 06:59:26 AM
If he wants to improve his knowledge of gambling, I have some books for him and I hope he will learn something beneficial for him.

The mathematics of games and gambling written by Edward. W. Packwel. It is a book of probability theories.

Beat the dealer by Edward. O. Thorp. It's a poker winning strategy.

Gambling Wizard by Richard. W. Munchkin. This is a book that contains the interview of all the successful gamblers in the world.

Have you read these books yourself or you just found them in google after looking for "books about gambling"? First book from your list, math and probability theory, I think that most of common readers will find it boring or hard to understand. They would be searching for a formula that will allow them to calculate when they will win, but that is impossible for gambling. Second book, dont know how much counting cards really helps, its not for everyone. Third book is just a compilation of interviews, this is just motivational to start gambling.
I seldom heard beginner gamblers asking what books to read that can help them with their sports betting. Because majority of them just want to experience gambling immediately since they are hunger for profits. And I think that’s the trend now, only few are left reading books and analyzing how to maximize their profits. Because reality hits that being knowledgeable only plays a small role in gambling, luck and smart game analysis matter the most.
hero member
Activity: 2730
Merit: 632
February 03, 2025, 06:30:16 AM
Yes and as the saying goes that experience is the best teacher, the purpose of reading books is clear, namely to practice because the purpose from the beginning is to increase the chances of winning, basically there is nothing wrong with doing everything to increase the chances of winning especially when we are involved in skill-based gambling, but actually there is something much more important than that, namely learning various things that lead to risk management, because in my opinion in gambling the most important thing is not how much effort you put in or how much winnings you get but how long you can survive in a safe situation in the sense of avoiding various bad things such as losing large amounts of money, therefore everything must be done in a balanced way, in the sense of not only working hard to find ways to get closer to victory but also having to work hard to strengthen your risk management.
Reading books give knowledge but that will not enough for someone who want to know more details about gambling or the games. He must trying to search for more information by practice what he read in the books so he will know what he need to read more or search to have more knowledge. He can not just read the book without searching for more info from other sources because if he can get more sources, that mean he will get more info that will benefit him to understand gambling or the games. He also know how to treat gambling with right because he doesn't just read about the gambling but also read the other things necessary for himself.
If I read a book about gambling now, I won't be a complete newbie, because I already have some experience in gambling. I would probably like to learn more about risk management and maybe understanding the probability of winning, because for me it all happens by feel. I understand that my knowledge of gambling is very weak and with this level, gambling cannot be anything more than entertainment. Reading books alone will not be enough either, you definitely need to check everything in the casino, to what extent it will work in the game.
Usually it would really be just that only talking about theories and terms on which this could be read up without needing to find a book but rather going into those FAQ section itself on which even if  you are a complete newbie, which using up your common sense will really be just that enough to understand with these things not unless if you are dealing up with something that needs up to make sure of the mechanics. Just we do all know that every information could really be searched up through net and come to think these the books wont really be that relevant anymore in todays technology and development where you can read up almost everything just just a simple search. Just like on what i have said that you can even read up those mechanics. The only things that differs is that when you do deal up with sports betting then it will be that relevant that you do need up to know the sport and having that interest or passion towards a specific sports for you to be able to have at least some advantage or increasing up your odds at least for you to win up somehow. Same goes into those who are dealing up with card games on which this one really that requires up some feel and on that experience on which you do be able to acquire it solely on real experience for you to have that developed ways on how to beat up the opponent.
sr. member
Activity: 476
Merit: 337
February 03, 2025, 06:18:11 AM
Books teaches how to gamble responsible while enjoying the fun gambling offers but there are gamblers who chooses to gamble because of profits and when they failed to win due to lack of luck they chase losses.
Some gamblers do not learn how to gamble responsibly through books but they only sees others and learn from them. Seeing addicted gambler might make one not to gamble but seeing a responsible gambler might make you want to gamble and have fun also. Although it's not easy to gamble responsibly but with discipline it's will be very easy, don't need to feel bad even when you lose a bet because you probably risk what you can afford to lose.
sr. member
Activity: 798
Merit: 377
February 03, 2025, 04:53:36 AM
Recently, a friend of mine approached me with a question about what he should read about gambling. He read a lot of specialized forums and looked at information on websites, but he was not satisfied. He started betting on sports not so long ago, but began to lose a lot and realized that he had a significant lack of theoretical knowledge. He loves books and believes that only books present knowledge systematically, and not chaotically, as on many websites. But his question stumped me. Although I have read some books on sports betting, poker and other games, I do not know what specifically to advise a beginner. What books would you recommend?

I have not gained knowledge about gambling or any game from any book, but I have gained some practical experience from this forum. Using this experience, I gamble and bet on many games, but it is usually possible to win the bet if you can gain experience. I bet the most on football and cricket among various games, because I can play some role in match research and there are some strategies.
 I usually stay away from gambling addiction, because a person addicted to gambling can never keep himself calm. However, gambling should generally be played for fun, whenever money is entered into gambling for income, there will be the highest possibility of immediate loss. So you can easily tell your friend that you should enter gambling for fun, not for income.
legendary
Activity: 2576
Merit: 1229
February 03, 2025, 04:46:30 AM
If he wants to improve his knowledge of gambling, I have some books for him and I hope he will learn something beneficial for him.

The mathematics of games and gambling written by Edward. W. Packwel. It is a book of probability theories.

Beat the dealer by Edward. O. Thorp. It's a poker winning strategy.

Gambling Wizard by Richard. W. Munchkin. This is a book that contains the interview of all the successful gamblers in the world.

Have you read these books yourself or you just found them in google after looking for "books about gambling"? First book from your list, math and probability theory, I think that most of common readers will find it boring or hard to understand. They would be searching for a formula that will allow them to calculate when they will win, but that is impossible for gambling. Second book, dont know how much counting cards really helps, its not for everyone. Third book is just a compilation of interviews, this is just motivational to start gambling.
full member
Activity: 238
Merit: 297
February 03, 2025, 03:37:02 AM
Yes and as the saying goes that experience is the best teacher, the purpose of reading books is clear, namely to practice because the purpose from the beginning is to increase the chances of winning, basically there is nothing wrong with doing everything to increase the chances of winning especially when we are involved in skill-based gambling, but actually there is something much more important than that, namely learning various things that lead to risk management, because in my opinion in gambling the most important thing is not how much effort you put in or how much winnings you get but how long you can survive in a safe situation in the sense of avoiding various bad things such as losing large amounts of money, therefore everything must be done in a balanced way, in the sense of not only working hard to find ways to get closer to victory but also having to work hard to strengthen your risk management.
Reading books give knowledge but that will not enough for someone who want to know more details about gambling or the games. He must trying to search for more information by practice what he read in the books so he will know what he need to read more or search to have more knowledge. He can not just read the book without searching for more info from other sources because if he can get more sources, that mean he will get more info that will benefit him to understand gambling or the games. He also know how to treat gambling with right because he doesn't just read about the gambling but also read the other things necessary for himself.
If I read a book about gambling now, I won't be a complete newbie, because I already have some experience in gambling. I would probably like to learn more about risk management and maybe understanding the probability of winning, because for me it all happens by feel. I understand that my knowledge of gambling is very weak and with this level, gambling cannot be anything more than entertainment. Reading books alone will not be enough either, you definitely need to check everything in the casino, to what extent it will work in the game.
hero member
Activity: 476
Merit: 385
Baba God Noni
February 03, 2025, 03:21:51 AM
Recently, a friend of mine approached me with a question about what he should read about gambling. He read a lot of specialized forums and looked at information on websites, but he was not satisfied. He started betting on sports not so long ago, but began to lose a lot and realized that he had a significant lack of theoretical knowledge. He loves books and believes that only books present knowledge systematically, and not chaotically, as on many websites. But his question stumped me. Although I have read some books on sports betting, poker and other games, I do not know what specifically to advise a beginner. What books would you recommend?
If he wants to improve his knowledge of gambling, I have some books for him and I hope he will learn something beneficial for him.

The mathematics of games and gambling written by Edward. W. Packwel. It is a book of probability theories.

Beat the dealer by Edward. O. Thorp. It's a poker winning strategy.

Gambling Wizard by Richard. W. Munchkin. This is a book that contains the interview of all the successful gamblers in the world.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 03, 2025, 01:10:50 AM
Yes and as the saying goes that experience is the best teacher, the purpose of reading books is clear, namely to practice because the purpose from the beginning is to increase the chances of winning, basically there is nothing wrong with doing everything to increase the chances of winning especially when we are involved in skill-based gambling, but actually there is something much more important than that, namely learning various things that lead to risk management, because in my opinion in gambling the most important thing is not how much effort you put in or how much winnings you get but how long you can survive in a safe situation in the sense of avoiding various bad things such as losing large amounts of money, therefore everything must be done in a balanced way, in the sense of not only working hard to find ways to get closer to victory but also having to work hard to strengthen your risk management.
Reading books give knowledge but that will not enough for someone who want to know more details about gambling or the games. He must trying to search for more information by practice what he read in the books so he will know what he need to read more or search to have more knowledge. He can not just read the book without searching for more info from other sources because if he can get more sources, that mean he will get more info that will benefit him to understand gambling or the games. He also know how to treat gambling with right because he doesn't just read about the gambling but also read the other things necessary for himself.
hero member
Activity: 3052
Merit: 606
February 02, 2025, 07:46:35 AM
Better read how people fail in gambling, do crazy things due addiction and greed, make rash decisions or rush to place a bet. It will be a free experience and example what can happen in no time if a person does not take gambling serious. Reading how people win wont give anything valuable, as all those stories are about how they took risk and win, but those who risk, win with rare probability and they just happen to be lucky.
Well, people don't like to read it because that might influence their minds to not gamble anymore. But they love reading books that inspire them, thinking that someday they could be lucky and change their lives forever. In fact, as we ask poor people who gamble, their answer is to make a fortune. They are determined to do that because even having difficulties with their daily needs, still they spare money for gambling.

I admire their presence in gambling, but I see they found it wrong to believe that through gambling their life will be changed.
sr. member
Activity: 266
Merit: 181
February 02, 2025, 07:13:45 AM
If your friend asked me personally about this, I would personally suggest him that you don't need to read any book to gamble, just remember some things. First of all, what is gambling and how risky it is, as well as how to play, when to stop, when to stop, should be well kept in mind. Secondly, in gambling one thing should always be kept in mind that you can't gamble with all your money and also since gambling is risky, you should try to gamble here with less risk of money. Then I would tell him that you have to learn to control your emotions, maybe one match or two matches will go against you so you can't get over excited and gamble more at that time but it is very important to take a break at that time. If you have to gamble regularly then you have to set a money limit so that every day I gamble with this fixed amount of money. Also I would tell him to be very careful and responsible with his money.  Hopefully with these things in mind he won't make too many gambling mistakes.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
February 02, 2025, 06:03:09 AM
Talking about the type of skill-based gambling, reading books is indeed quite possible to improve skills in order to further increase the chances of winning, but never think that this method will be useful when you are involved in a type of casino game, but of course it does take enough time to understand everything properly and correctly, you are free to learn from books or other sources that you think can help increase your chances, but one thing I want to say here is don't let these skills change your perspective on gambling, in the sense that you should not forget that gambling is still a risky activity regardless of how good your skills are, meaning there will always be situations where you lose without you expecting it, meaning this is the reason why limits must still be applied.
Reading book without practice what we learn will not help us to improve our skill. We just know how to playing the game but we lack of experience that will be important to have for gamblers. Experience will be their way to improve their skills so they will have a chance to be better gamblers. We can learn from many sources that we want but we must use knowledge for placing our bet so we will know how to analyze the bet in the real situation. We can not be a pro gamblers if we don't try analyze the match because that will just give us knowledge without having an experience in anything.

Yes and as the saying goes that experience is the best teacher, the purpose of reading books is clear, namely to practice because the purpose from the beginning is to increase the chances of winning, basically there is nothing wrong with doing everything to increase the chances of winning especially when we are involved in skill-based gambling, but actually there is something much more important than that, namely learning various things that lead to risk management, because in my opinion in gambling the most important thing is not how much effort you put in or how much winnings you get but how long you can survive in a safe situation in the sense of avoiding various bad things such as losing large amounts of money, therefore everything must be done in a balanced way, in the sense of not only working hard to find ways to get closer to victory but also having to work hard to strengthen your risk management.
hero member
Activity: 938
Merit: 665
Leading Crypto Sports Betting & Casino Platform
February 02, 2025, 05:21:24 AM
Had never seen where someone read to become successful in gambling because there are no tools or trick to it, we know how gambling works and there no books that can make someone win more faster, people can read books or watch to learn how to gambling or start their practices but it would be hard for them explore those strategies that they have said in gambling to achieve a big time winning.
Agreed because I don't think you can read to become successful in gambling. Gambling is different from other things that can be taught with some set of rules. The rules in gambling are different for different people because you can be doing this particular thing and making successful bets and someone using that same strategy isn't winning.
Reading books may only help someone to know and add some strategies and tactics for playing and betting, this is only limited to adding knowledge and does not guarantee that they will win, after all knowledge will also be very important and can be very helpful when someone can use it well in add to the collaboration the experience they have gained.
Is book reading about gambling even necessary for you to improve your strategy? I guess not. The issue is that people like to go through the extensive way, but at the end of the day, they would realise they are not necessary after wasting their time. I can only support the reading when it comes to how to stay responsible and managerial in gambling, the part to know how to gamble itself is what you will have to be conducting in real-time. Your ability to gather real-time information may help further in sports betting but certainly not in casino games.
hero member
Activity: 1442
Merit: 502
Leading Crypto Sports Betting & Casino Platform
February 02, 2025, 04:16:28 AM
Recently, a friend of mine approached me with a question about what he should read about gambling. He read a lot of specialized forums and looked at information on websites, but he was not satisfied. He started betting on sports not so long ago, but began to lose a lot and realized that he had a significant lack of theoretical knowledge. He loves books and believes that only books present knowledge systematically, and not chaotically, as on many websites. But his question stumped me. Although I have read some books on sports betting, poker and other games, I do not know what specifically to advise a beginner. What books would you recommend?
Reading is very necessary and important because it helps us develop our critical thinking, builds stronger analytical skills ,mental stimulation, develops the memory and make us to know new things, here are some books that will guide us through about gambling.

1. THE BIGGEST GAME  IN TOWN
 by Al Álvarez.    

2. INSIDE THE RICHEST POKER GAME OF ALL TIME by Michael Craig.

3. FORTUNE'S FORMULA: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
 by William Poundstone.

4. THE THEORY OF POKER by David Sklansky

5. BEAT THE DEALER: A Winning Strategy for the Game of Twenty-One.
 by Edward O. Thorp


In my opinion, every book that we read is only theoretical and sometimes in the game we find practices that are different from what is in the book, it is very important for us to improve our expertise and skills in gambling, but we cannot deny if many factors will also determine our winnings on gambling including luck, so far I think that every variable in gambling is very related so that the final result of each game and Betting is still influenced by random factors, so there is indeed no definite guarantee that we can win in gambling, so that is why no matter how great and big the skill and luck we have, there is always the possibility for us  losing, therefore, it is important to set clear limits related to how much money or time we are ready to spend gambling.
legendary
Activity: 2576
Merit: 1229
February 02, 2025, 04:02:48 AM
Better read how people fail in gambling, do crazy things due addiction and greed, make rash decisions or rush to place a bet. It will be a free experience and example what can happen in no time if a person does not take gambling serious. Reading how people win wont give anything valuable, as all those stories are about how they took risk and win, but those who risk, win with rare probability and they just happen to be lucky.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 02, 2025, 02:37:17 AM
Talking about the type of skill-based gambling, reading books is indeed quite possible to improve skills in order to further increase the chances of winning, but never think that this method will be useful when you are involved in a type of casino game, but of course it does take enough time to understand everything properly and correctly, you are free to learn from books or other sources that you think can help increase your chances, but one thing I want to say here is don't let these skills change your perspective on gambling, in the sense that you should not forget that gambling is still a risky activity regardless of how good your skills are, meaning there will always be situations where you lose without you expecting it, meaning this is the reason why limits must still be applied.
Reading book without practice what we learn will not help us to improve our skill. We just know how to playing the game but we lack of experience that will be important to have for gamblers. Experience will be their way to improve their skills so they will have a chance to be better gamblers. We can learn from many sources that we want but we must use knowledge for placing our bet so we will know how to analyze the bet in the real situation. We can not be a pro gamblers if we don't try analyze the match because that will just give us knowledge without having an experience in anything.
member
Activity: 207
Merit: 34
February 01, 2025, 08:34:07 PM
Recently, a friend of mine approached me with a question about what he should read about gambling. He read a lot of specialized forums and looked at information on websites, but he was not satisfied. He started betting on sports not so long ago, but began to lose a lot and realized that he had a significant lack of theoretical knowledge. He loves books and believes that only books present knowledge systematically, and not chaotically, as on many websites. But his question stumped me. Although I have read some books on sports betting, poker and other games, I do not know what specifically to advise a beginner. What books would you recommend?
Reading is very necessary and important because it helps us develop our critical thinking, builds stronger analytical skills ,mental stimulation, develops the memory and make us to know new things, here are some books that will guide us through about gambling.

1. THE BIGGEST GAME  IN TOWN
 by Al Álvarez.   

2. INSIDE THE RICHEST POKER GAME OF ALL TIME by Michael Craig.

3. FORTUNE'S FORMULA: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
 by William Poundstone.

4. THE THEORY OF POKER by David Sklansky

5. BEAT THE DEALER: A Winning Strategy for the Game of Twenty-One.
 by Edward O. Thorp

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