Books about sports betting have been around forever and now there are more of them being written every day. That’s because there’s a lot of knowledge of the industry out there and those who get into it these days want to get something out of it and use that knowledge to their advantage.
Here’s our list of sports betting books that you should read. These books cover all aspects of sports betting USA and worldwide so should answer all your questions, there are written by a variety of different authors and they are approaching the topic from a variety of different standpoints and they will suit many different readers.- Books On Sports Betting
Table of Contents
‘Gambling Wizards’: Conversations with the World’s Greatest Gamblers’ By Richard Munchkin
Amongst all the gambling books out there, this one is probably the one that will suit the most readers. It’s about how the author has put himself through college by betting and goes into the lifestyle, and a career of someone who’s been on both sides of the betting table – as a player and a blackjack dealer.
It offers insight into the world of betting and the lifestyle that it provides, so don’t be surprised if you find yourself reading about Playboy Mansion parties and WSOP championships.
‘The Man with the $100,000 Breasts: and Other Gambling Stories’ by Michael Konik
This is another book that takes you inside the world and life of professional gamblers and it makes you appreciate both the highs and lows of the profession. There are high rollers and the players that have lost everything and now are trying to get back at it.
The stories you’ll encounter in the book are rather wild but there are also rather valuable tips that you could make use of even if you’re not a high roller and haven’t lost everything at one point.
‘Fixed-Odds Sports Betting’ by Joseph Buchdahl
Unlike the books we’ve mentioned before, this one has a more serious tone and takes its task rather seriously if the task is to help you bet, better and with more discipline. It covers the basics that are needed for you to start betting in an organized and professional manner.
This book will help you set up a good review system for your betting and allow you to maximize the revenue you’re getting from it. Make sure to check it out if you plan to venture into the world of professional betting.
‘Lay the Favourite’ by Beth Raymer
This book takes a different view and talks about the betting industry from a rather interesting angle. It is written from the perspective of someone who worked as an enforcer for a bookie. During the four years of following an enforcer around you get to learn about the dark side of the industry.
It’s a well-written memoir, and it really paints a picture of what the world of gambling looks like from the perspective of those who are too often overlooked in it. Be warned this book may cause you to stop betting for a while.
‘Mathletics’ by Wayne L. Winston
The author of this betting book is a mathematician, with an impressive academic career. That’s not the profile that comes to mind when you think about a sports betting book. However, it’s a remarkable book that has great insight into how the world of gaming works.
The rules of mathematics are applied to betting and it helps the reader formulate a new and different view of the subject matter. It’s a relatively easy read given the subject and it’s rather educational. That’s one of those books to read with a pen in hand.
‘The Signal & the Noise’ by Nate Silver
Nate Silver is probably known to the general public because of his blog FiveThirthyEight, which deals with election politics and election predictions. He applies his knowledge of this area to betting in this book, and because of that, it goes way beyond just betting.
The complicated science of predictions is showcased smoothly and with a rather simple language that anyone can understand. This just speaks of how well Silver writes, as those who read the blog are already aware of. It’s the first book to read if you’re new to the subject.
‘Sharp Sports Betting’ by Stanford Wong
This book is a classic in its field. That goes for both those who bet and the bookies. It’s a must-read for everyone interested in going into actual betting, meaning betting at a serious level is made to create profit. It is a long read but it’s worth it, given how much it provides to the reader.
Sharp Sports Betting covers pretty much everything that there is to know about the process of betting on sports events. After you go through it (a few times) you’ll be ready to up your game when it comes to gambling.
‘Conquering Risk: Attacking Vegas and Wall Street’ by Elihu Feustel and George Howard
This is a book that has had the most impact on the world of sports betting. It approaches the risk in a way that no other book in the field does and it can be applied to both betting and investing which is saying something about the world of finance.
One of the authors is a psychologist and the other is a professional gambler and together they provide both a professional and a personal approach to betting, giving you a good overview of it from all angles.
A Few Thoughts
You don’t need to read all of these books if you want to be a professional gambler or if you want to understand the industry better. They are, however, a good overview of the industry as they can be seen from numerous viewpoints. Not all gamblers educate themselves about the industry.
The books are an important resource and they can really help you improve your gambling strategy in the long run. If not, they are almost always a fun read for those who want to get to know the gambling world from the inside out. It’s a somewhat dark, but fascinating experience.