Topic: What to read about gambling? - page 3. (Read 1663 times)

Hmm being a professional gambler is indeed possible but in my opinion it will not make you completely avoid defeat because in any case defeat will always be a part of the game that can never be separated and that is the reason why I think gambling should not be taken too seriously in life because in the end gambling is still a game of probability, but yes it doesn't matter if for example you want to increase your knowledge by reading books or looking for lots of references from various other sources because maybe it can help to increase your chances of winning especially when you are involved in a skill-based game type, but actually regardless of whether you are a professional or a gambler usually for the matter of the results in my opinion will not be too different, so in my opinion it is better to learn various things that are useful to minimize risk.

I think the more obvious something is about a certain game, the less advantage will there be in terms of identifying favorable odds. Especially in sports betting in very popular sports, there isn't usually much of an advantage that you can gather by processing additional information. most of the important aspects are known beforehand and sometimes you might be able to find good odds when the game is live because you have a different opinion about certain adjustments the bookmakers might do during the games.

Then I think there are certain offers that make more sense than others to bet on, but you can see that this is mostly a question of preferences. Some prefer to go with 3-way results most of the time, some prefer bets like BTTS and some prefer over/under.

I think it was a few weeks ago when I went with the top favorites only in all leagues and none of the three teams won their game. No rules or theoretical knowledge would have helped, it is the variance that you face whenever you gamble.

So again I think having good knowledge about a sport can help and otherwise it doesn't make a lot of sense to place bets if you have no idea at all about what you are doing, but no matter how well you know a league, you'll be wrong about the outcome more often than you think. Just do the test, take one league and fill in the results for every single match day and see how many of the results you actually get wrong. It is astonishing because so often it seems to be the easiest pick ever and than some superior team fails again. It reminds me of Liverpool losing against Nottingham at home. Or the bad streak that Manchester City went through, I bet that a lot of people lost money because of Manchester City for months now. Whatever theoretical knowledge they have, they lost money because nobody goes against Manchester City for like ten games or so.

So far in my years in gaining I haven’t heard or seen a book about gambling, maybe there is a book about gambling honestly I don’t know but so far with my little knowledge in gambling especially sports gambling because that my line of gambling, I think you just need to follow your team and know them well, know there weaknesses, their advantage over the other team, advantages such as who is playing at home, is any of their key players are injured and players that are available due to card and so on. So these are what gamblers look at before they bet on sport betting.

There are others who don’t even believe in such and all they do is pick there games base on luck and big name. I have a couple of fellow gambler who only gamble on big team to win and sometimes it pays him off, sometimes it doesn’t. As for your friend I think he just had a couple of bad luck in his betting, he will only get better. Even for people who gamble every day there go through periods like that.

Do you want to be a professional gambler? Of course, if the goal you want to achieve into a big -class gambler then read a book into one way to add insight into games and gambling, but if you only become a gambler in general to seek pleasure or entertainment, I don't think it needs to be that serious in learning gambling , the important thing is also to do when you want to gamble even if you become an ordinary gambler, namely reading SOPs and other rules in the casino so as not to get lost and or things that make us lose in the future because of our own mistakes.

I don't think we need to read a whole lot of books to become a gambler. It's something that just comes in hand from your experience with the lifestyle. Unlike trading where you need to learn some  strategies and even the market it's self. There's nothing much to know about gambling aside from the way to minimize your risk and play with money you can afford to loss. Don't buy into others idea that they will teach you how to gamble the right way, that's where most new gamblers ends up getting scammed playing to the tone of theses scammers. Just take your time to enjoy the games and sign time you will understand how to become better.

Books are outdated but somehow there are still some pieces on which it will really be that still worth to read but we do know into this era on which everything could really be searched online on the things that you do really that want to know and thats why it will really be that something that irrelevant if you do tend to make out some questions in regarding about stuffs on which you can eventually do these things with the slighest flick or point of your hand into your keyboard and then you can simply be able to find out relevant informations on what you have searched up as long you do have that internet. There's nothing about special if we do speak about learning up about everything according to gambling on which simple informations and reading them up will be that already giving out that idea on what it is and on how to deal up with it. Everything will really be that according into someones effort on how they will be finding out relevant informations on which it will really be that something useful or would be adding up into your knowledge.

Somewhere above, I posted a link to several books that supposedly tell about all the intricacies of gambling, about the secrets that will supposedly help to make the right bet. I have not read these books, and I doubt that everything that the authors of such books offer works; otherwise, we would all be millionaires.

But those books that you are talking about when former addicted gamblers talk about their methods of recovery are also unlikely to be able to help someone who has fallen into the clutches of the game. Each case is individual, and reading such books can help one not to become an addicted gambler, provided that the person clearly understands what is being discussed and knows how to wisely manage his funds.

In any case, books about gambling that motivate you to play look to me like dozens of motivational books from millionaires who "made themselves." It is always beautifully written in theory, but in practice, each time tells a different story.

As the saying goes, experience is the best teacher, but isn't it still possible that the book is taken from the stories of previous gamblers' experiences? Of course, I think it's still very possible, although I also admit that it's just a one-way conversation. In skill-based betting such as sports betting, experience is indeed quite important because it does help to increase the chances of winning, but on the other hand, what we have to remember is that experience is not a guarantee to always be able to win at the end of the game, because after all, gambling is still gambling, even though you have a lot of knowledge, it still won't always lead you to victory every time, so I think that's the biggest reason that limits and various actions that lead to prevention are still something that must be owned and applied by a gambler.

I don't have a personal recommendation of books on gambling. I don't know what feedback your friend has given based on the conversation. If you haven't shared some of the books recommended, then I will share the ones I found on Amazon.

• The Everything Guide to Sports Betting by Josh Appelbaum
• Sports Betting for Dummies by Swain Scheps
• The Complete Guide to Sports Betting by Kevin Dolan
• The Complete Book of Sports Betting
• The Logic of Sports Betting by Ed Miller and Matthew Davidow

From what the OP said, it seems that he is looking for a book that can allow a gambler to have a better insight in terms of gambling strategies, card game tricks and also methods to increase the chances of winning in sports betting, there are indeed many books and information on the internet that claim to help us in winning both gambling and betting, but I think it is just a completely unfounded theory for us to study,  Because indeed in practice gambling and betting are very different from the theories in books, especially in betting such as sports, in my opinion instead of continuing to look for books about gambling, it is better for us to learn from existing experience and understand the methods and rules of the game so that with strategies and also statistical analysis, it can help us to make wiser decisions when gambling or betting.

Even if there is a book that can actually  help motivate a gambler or help them make good gambling decisions, I rather stick to advise I get here from gamblers with different  experiences and approach to gamble.  Anf indeed I have learnt alot that has helped me, maybe sticking to forum will help you better than looking for a book which may not have all the information  you need. Beside in a book  you don't have the opportunity  to ask questions its only a one way communication which may not be the best way of learning. No motivation is as great as experience, sometimes sticking to experience is just what we need and not reading a random knowledge.

That is what I am saying. A book about gambling will be only a story or life experience, not something that will make gambler a little bit closer to a win. Such books can be either motivational literature to gamble or to take risk when having hesitation. Or a literature what not to do in gambling to avoid addiction or spending more than can afford. But I would call such books as books about personal growth, not about gambling.

I don't suggest to read about gambling but the rules of the games sports or casino or slots, which must be read with at most caution, once understood aim for smaller profits then gradually for higher.

What kind of books are you looking for op, are you referring to gambling books? Because I don't seem to see any books that can motivate gamblers to play more in the future. Because I know most of the time the people I read are former addicted gamblers who have changed from being addicted to gambling.

But I haven't read any books that give tips for someone who likes to gamble, steps to succeed in the gambling industry. or the so-called gambling motivational books,
it seems like this is what op is saying. Is this what you mean op?

Can you recommend a book from those you have read for plebs like us who are willing to learn more about those subjects? I would like to learn more about sports-betting. There are articles everywhere, and there are many topics in BitcoinTalk, but NONE could help me get started.


Perhaps start with Mathematics Of Gambling by Edward Thorp?

http://www.edwardothorp.com/books/

Every time I bet on a match, the first thing I do is I get to know the teams that will compete, after that I start to do in-depth research on the teams that will meet as material for me to make an analysis of which team can win. Even in some bets, I determine which team I will choose based on the meeting record of the two teams, even though in the latest situation or at that time, statistics show that the team I bet on is not better than its opponent. Sometimes when only relying on theory, we will feel dizzy and it is indeed easier to practice it directly even though previously we did not really understand and asking friends can be a solution.

Maybe what is meant is knowledge about how to properly analyze a number of teams that will compete by looking at the available statistical data and if that is indeed what is meant then yes of course that is how sports betting is but of course I also agree with the idea that skills and knowledge are not something that guarantees victory, it is nothing more than a tool to increase chances but does not guarantee that you will win at that time, in the end luck is still an important factor but skills also help to increase the chances of winning, and well if we talk about other types of games besides skill-based bets such as slot machines then of course there is no way and no knowledge that can influence the results in the game.

I don't know if there are any books, especially for sports betting. I don't think anyone should read books to learn more about sports betting. All they should have is knowledge about a specific sport and an idea of the teams. A gambler has to be updated with team news. They should know which players play for which team and whether they are unavailable.

Let's say someone wants to place a bet in the premier league, but they don't know which team is stronger than the others. Do you think strategic knowledge will help them? I don't think so. So, my suggestion is, do not bet for a team that you don't know well.

You are right, in fact it is very similar or analogous when we want to learn everything that is about btc mining, you have to have the machines and you have to be there doing things to understand the problems and their solutions, in the game things are easier to understand, only that Calmness and confidence are what are most needed, we also have to see something that is just as important, the Balance that we are willing to lose, if there are no limits in that sense I think we will be destined to lose a lot of money.

But what kind of theoretical knowledge are you addressing here when we are discussing sports betting? Yes there might be a few things that can slightly increase the odds of winning, but it is not like there is a holy bible that you can read and then be in profit as if there was a rule set that you only have to follow and all other things fall into place automatically. It remains a luck thing and it usually is a losing activity over a longer period of time no matter what theoretical knowledge you are accumulating.