Top products from r/sportsbook

Pokerjoe (the author of the FAQ in the r/sportsbook sidebar) wrote a good, cheap ebook on the subject that will save you a lot of headache. Recommended if you've passed Sports Betting 101A but aren't ready for 201 or an internship.

If you're new to gambling math, Don Peszynski's Lose More, Win Less is a great place to start (and is very well done, despite the hokey title).

For stuff on how to actually build a model, check this old post of mine.

Trading Bases is a great book, however I wish he expanded more on his model.

I am currently reading a old copy of Betting Baseball by Michael Murray, http://www.amazon.com/Betting-Baseball-Michael-Murray/dp/0977878708. I wish I could find out more info on this guy, but it seems pretty scarce. He brings up an Offensive Rating formula, I don't have the book with me right now, but its something like X = AB OB% SLG * .975. It basically gives you how many runs that player is worth. So far its a great book.

i have my ears open. i played fifa for a few years but this is my first year wagering. i've read Sharp Sports Betting and it's really useful.

i'm really interested in hearing any tip or story of yours? do you play football? what are your other hobbies?

Can You Win?: The Real Odds for Casino Gambling, Sports Betting, and Lotteries https://www.amazon.com/dp/0716721554/ref=cm_sw_r_cp_api_i_mHPnDbYXREPH5

The Theory of Gambling and Statistical Logic https://www.amazon.com/dp/032328275X/ref=cm_sw_r_cp_api_i_cJPnDbWRATQ83

OP, there’s a good amount out there and you can go deep down the rabbit hole quickly. I recommend those two books as good starters. The first is friendlier.

I'm a fan of Sharp Sports Betting by Stanford Wong, which had some good info in it. It's getting to be pretty out of date though, as the most recent up date he published was in 2009.

http://www.amazon.ca/Sharp-Sports-Betting-Stanford-Wong/dp/0935926240

This is a book and not a website, but it's hands down the greatest sports betting book ever written. [Sharp Sports Betting by Stanford Wong] (http://www.amazon.com/Sharp-Sports-Betting-Stanford-Wong/dp/0935926240)

I really like The Disciplined Trader by Mark Douglas. He talks about how beliefs tend to filter reality, and how you can manage those beliefs. It's not so much about winning, as it helps to keep perspective and lose less. [Here] (https://www.amazon.com/Disciplined-Trader-Developing-Winning-Attitudes/dp/0132157578)

to add on to this he mentions a book called Picking Winners by Andrew Beyer, a horse racing handicapper. The book is a really in-depth look at his whole methodology for evaluating horse races and you definitely don't need to read the whole thing if that stuff doesn't interest you but as Joe Peta says in his recommendation - there is a chapter in the book on Money Management that is FANTASTIC and borderline essential for anyone trading risk

MLB resources, good luck with your prep

www.baseballreference.com

www.dailybaseballdata.com

www.fangraphs.com

www.xstats.org

www.fantasylabs.com (daily lineup projections)

www.sbrodds.com (historical lines)

www.amazon.com/Book-Playing-Percentages-Baseball/dp/1494260174

www.twitter.com/TheHandicaper/lists/mlb-beat-writers/members

OK so my first really interesting read has been Mathletics by Wayne Winston and Basketball on Paper by Dean Oliver.


What I have learnt so far is that it really comes down to knowing your statistics, knowing how to apply them and building a spreadsheet from there, identifying patterns along the way.

I loved these two horse-betting books:

https://www.amazon.com/Horseplayers-Life-Track-Ted-McClelland/dp/155652675X/ref=sr_1_36?ie=UTF8&qid=1541892366&sr=8-36&keywords=horse+racing+books

​

https://www.amazon.com/Laughing-Hills-Bill-Barich/dp/1932910875/ref=sr_1_2?ie=UTF8&qid=1541892316&sr=8-2&keywords=laughing+in+the+hills

​

There are books written about the bells and whistles casinos employ in slot machines to get people addicted. It’s quite interesting

https://www.amazon.com/Addiction-Design-Machine-Gambling-Vegas/dp/0691160880

> Here’s a general rule: If you’re picking the favorite take the ML, if you’re picking the underdog take the spread.

Be careful with this; there is no such rule. You might be inclined to pick up a book or two about basic sports betting principles if you really are serious about deep-diving into it. There are, predictably, more bad ones than good ones. I think "Sharper" is a good enough starting point and well-received.

https://www.amazon.com/Sharper-Guide-Modern-Sports-Betting-ebook/dp/B01K5SDAKS

It is free on Kindle Unlimited. It is not perfect and there are others, but it will get you started.

Analytic Methods in Sports

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

Here are two that are sport specific (MLB) but really helped:

Betting Baseball by Richard Nichols

The Book: Playing the Percentages in Baseball by Tom Tango (I swear by this book, it's basically my bible)

trading bases

conquering risk

logic of sportsbetting

weighing the odds in sports betting

​

Depends on what you want. I look at a lot of academic papers for more technical idea generation but these are some decent reads. Joe peta, author of trading bases just came out with a golf book that I haven't read yet

Joe Peta's book 'Trading Bases' helped me a lot to tackle the first steps of my model.

I would suggest reading Trading Bases by Joe Peta

http://www.amazon.com/Trading-Bases-Gambling-Baseball-Necessarily/dp/0525953647

https://www.amazon.com/Suicide-Prevention-Resources-Millennium-Bereavement/dp/0876309872

what you are describing is not a model. you are simply picking games using factors (some of which are not predictive in any way) in an unweighted manner. it's not possible to quantity your edge anyway using that method, counteracting the entire point of what modeling is for.


edit: this isn't really a constructive comment so let me offer something. start by reading the book if modeling baseball is something you are serious about.