Gambling Books to read

Search

New member
Joined
Sep 21, 2004
Messages
395
Tokens
Checked out that sight my self. Going to do some shopping. Excellent place and I look forward to visiting when i hit vegas next time
 

New member
Joined
Sep 21, 2004
Messages
251
Tokens
If you can't get the Oliver book anywhere call the Basketball Hall of Fame in Springfield Ma. I picked up mine there about 3 months ago. They have a book store inside and that's where I found it.
 

New member
Joined
Feb 4, 2003
Messages
3,271
Tokens
daringly said:
2 great books on basketball. First is "Investing in College Basketball" by Seidel. This has the content and detail most pros would never give out, since I doubt he realizes how valuable what he knows is. The second is "Basketball on Paper" by Oliver. It focuses on the big picture, and how player and strategy changes can affect things. It is a must-read for prop players.

disagree strongly

although I can't say i got very far. The first 80 pages or so totally ruined any credibility for him

like when he claims you have to be able to hit 60% or better on your bets for it to be worth it

Totally downplays the value of line shopping by saying "if it's going to be that close you shouldn't be betting it"

Also recommends a "3 unit bankroll" at one point

Are there nuggets buried in there? Maybe. But doubt I ever get that far.

He has little concept of how sports gambling really works, IMO.

Definitely do not recommend reading this, it can give you some very bad habits if you are just starting off.
 

Active member
Joined
Oct 20, 1999
Messages
75,444
Tokens
Fezzik said:
Is like comparing a little leaguer to Roger Clemens.

O'Neill good. Miller .......bad.

Who do you compare legendary nitwit Rob Singer to?

Inquiring minds want to know.

LOL!
 

Member
Joined
Sep 20, 2004
Messages
606
Tokens
PHP:
disagree strongly........

Totally downplays the value of line shopping by saying "if it's going to be that close you shouldn't be betting it"

Have to disagree with drunkguy here and agree with the author.

I can't go into specifics because it would be giving away a handicapping trade secret, but I absolutely agree with the author on this point.

If your handicapping has a matchup close to the number you should ignore that game and move on.

When your handicapping method points to a probable side and all the relevant factors support your conclusion, a half point or full point should not make a difference.
 

New member
Joined
Feb 4, 2003
Messages
3,271
Tokens
Poker King Jim said:
Which book drunkguy?

sorry


"investing in college basketball" is what I am talking about


the best part in about 50 pages in where he talks about moneylines or "odds to win"

he gives an example of a line of -140/+160 (this is a 20 cent scalp)

I would have chalked it up to a typo, but he goes on to explain it, by saying that if the book has equal action, they will lose, but since the favorite wins so much they win money anyway :icon_conf :icon_conf :icon_conf
 

"It's great to be alive and ahead by seven" Mort o
Joined
Feb 2, 2002
Messages
5,649
Tokens
Poker King Jim said:
Nice thread fellas - Anybody know where I can get any of O'Neil's work? i've been looking everywhere and can't find any. Does he have books or just essays? No luck at all locating anything. Thanks



Call Kevin at this # 770-649-1078 @ Strategic Sports Publishing. You can get his 3 books on Sports Investing for appox 60 dollars. The best 60 dollars you will spend. Also Phil Steele has a book out Ten Keys To A Winning Season-3rd edition. 1-800-654-3448 The chapter on Situational Handicapping alone will make you a ton of money on college football. The cost is around 10 dollars. A must read. LT
 
Joined
Sep 21, 2004
Messages
28,775
Tokens
no losers said:
PHP:
disagree strongly........
 
Totally downplays the value of line shopping by saying "if it's going to be that close you shouldn't be betting it"

Have to disagree with drunkguy here and agree with the author.

I can't go into specifics because it would be giving away a handicapping trade secret, but I absolutely agree with the author on this point.

If your handicapping has a matchup close to the number you should ignore that game and move on.

When your handicapping method points to a probable side and all the relevant factors support your conclusion, a half point or full point should not make a difference.

I have to be missing something here. It is inevitable that some games are going to end up close to the #. Regardless of how good ANYONE is, there are going to be flukes and bizarre plays that somehow get the game very close to the #. Saying that it is not worth getting the best # is rediculous.

I don't care if it only becomes an issue in 1 out of 100 plays, it's still a potential 2.1 unit swing.
 

New member
Joined
Sep 11, 2005
Messages
56
Tokens
TINCO, I am right there with ya.

To suggest that shopping for half to full (or more) points is a waste belies the simple math.

But I think perhaps the cited (secondhand) reference might actually say "If you are shopping for that 1/2 point and won't make the play without it, then the selection is likely not strong enough."

But IF YOU WOULD make the play on a given selection with or without the potential half point gained by some shopping, then it's certainly good math to grab that half or full point on a selection you would play regardless.
 

Active member
Joined
Oct 20, 1999
Messages
75,444
Tokens
no losers said:
PHP:
disagree strongly........
 
Totally downplays the value of line shopping by saying "if it's going to be that close you shouldn't be betting it"

Have to disagree with drunkguy here and agree with the author.

I can't go into specifics because it would be giving away a handicapping trade secret, but I absolutely agree with the author on this point.

If your handicapping has a matchup close to the number you should ignore that game and move on.

When your handicapping method points to a probable side and all the relevant factors support your conclusion, a half point or full point should not make a difference.

A couple questions......

1. How old are you?

2. How long have you been betting sports?

3. Are you up lifetime?

4. Is gambling your main source of income, and if so, for how long?
 

Respect My Steez
Joined
Feb 15, 2005
Messages
6,453
Tokens
Anybody that doesn't shop for the best line is already starting out behind the 8 ball. You can understand the thinking behind "if you are confident in your pick, those few points shouldn't matter) but inevitably those few points will matter. It happens all the time. This week I wanted to get down on Ore St over Boise - Line was 3.5 all week and I held out and held out waiting to see 3 somewhere. On gameday it finally dropped to 3 and I hit it. Turned a loss into a push. In this racket where every little edge and angle is needed to come out ahead long term, you have to take every advantage and line shopping is a big one.
 

Member
Joined
Sep 20, 2004
Messages
606
Tokens
What if you're a parlay player?

In week 1, you played a $100 / five - teamer at 5 different books.

You went 5 for 5 and had a good day.

More importantly, each of your five teams covered the closing line by +10 ATS or greater.

In week 2, your handicapping method identifies five games which you believe will also cover the closing line by +10 or greater.

You increase your wager to $200 / five teamers at 5 different books.

You go 5 for 5 and have another good day.

More importantly, each of these five teams also cover the closing line by +10 or greater.

For two consecutive weeks, you go 10-0 and all ten picks cover the closing line by +10 or greater.

Was this by accident or very sharp handicapping?

If it's by accident, you shop for a line.

If it's very sharp handicapping, you're confident of the cover and don't shop because you know you don't have to.

I apologize if this post offends anyone.
 

New member
Joined
Aug 1, 2005
Messages
1,415
Tokens
I thought "The Zen of Gambling" (Wayne Root's book from last year) was an entertaining and informative read. Say what you want about Root, but his book was good.
 

New member
Joined
Apr 4, 2005
Messages
4,615
Tokens
Does Gamblers bookshop stock "Ten Keys"? I have the requisite international shipping issues with NC Sports. Sportspages over here imported his college football annual, but It's not really targetting gamblers so no sign of "Ten Keys".
 

Respect My Steez
Joined
Feb 15, 2005
Messages
6,453
Tokens
no losers said:
What if you're a parlay player?

In week 1, you played a $100 / five - teamer at 5 different books.

You went 5 for 5 and had a good day.

More importantly, each of your five teams covered the closing line by +10 ATS or greater.

In week 2, your handicapping method identifies five games which you believe will also cover the closing line by +10 or greater.

You increase your wager to $200 / five teamers at 5 different books.

You go 5 for 5 and have another good day.

More importantly, each of these five teams also cover the closing line by +10 or greater.

For two consecutive weeks, you go 10-0 and all ten picks cover the closing line by +10 or greater.

Was this by accident or very sharp handicapping?

If it's by accident, you shop for a line.

If it's very sharp handicapping, you're confident of the cover and don't shop because you know you don't have to.

I apologize if this post offends anyone.

Sounds good but inevitably, shit will happen and the game will end up closer than you thought and sooner or later, line shopping would have made the difference.
 

Active member
Joined
Oct 20, 1999
Messages
75,444
Tokens
no losers---Another question(you still havn't answered my previous questions).

If you wager 300 straight games without line shopping, how many of those games will you lose by half a point in your estimation?

Thanks
 

Forum statistics

Threads
1,109,971
Messages
13,464,634
Members
99,507
Latest member
xglobalfx
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com