5 Best Books to Start Betting
Betting on sports is not only about statistics, numbers, calculations, and finding a profitable option. It's also about emotions But when you place bets on the bookmaker in Greece, you should pay attention to these factors. In this case, reading books is the best choice/ And these are the best for beginners.
The Signal and the Noise
Silver explores the phenomenon of information that has allowed people to interpret signs to gain advantages. The author suggests the terms signal and noise. Signal is the truth that the information field contains, noise is the rest of the information that detracts from the truth. Using these terms, The author explores the peculiarities of forecasting using examples of financial markets, meteorology, sports betting, and significant events. According to the author, the key is not to mistake noise for a signal.
The book divides forecasters into two types - "foxes" and "hedgehogs". According to the author, "foxes" are the best forecasters. They trust personal experience more than theories, and they easily change approaches if they don't work. "Hedgehogs" are more fixated on one idea, rely on one habitual approach to forecasting, and attribute all failures to bad luck. Another interesting observation by Silver is the level of influence of others' opinions on the perception of information and the ability to separate it into signal and noise. The author suggests that herd instinct prevents people from drawing their own conclusions and inclines them to the opinion of the majority. However, Silver admits that aggregate or group predictions are sometimes more correct than individual ones.
How Professional Gamblers Beat the Pro Football Pointspread
The book deals with the characteristics of different types of betting and the major misconceptions of novice gamblers. Miller equates betting with investing and explains how to find the best line, if you can make money on expresses and how big a bet should be so you don't risk your bankroll. The author shares his observations on what abstract factors can affect the outcome of a game and how to bet on preseason games. For example, Miller talks about how last year's champions are not the best betting option in the offseason. The leaders are devoid of motivation and their opponents, by contrast, are eager to prove themselves.
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Taleb discusses how people confuse randomness with regularity and why they use theories at a time when all theories are false. Taleb puts forward critical thinking as the main tool for countering dogma. According to the author, rare phenomena play a large role in life - they are devalued the more rarely they occur. Taleb writes that modern theories are not universal: they ignore the phenomenon of chance and can only predict certain types of events. The main ideas of the book are that no one possesses perfect knowledge, all laws and theories can be challenged, and that chance plays a greater role in all areas of human life than we are used to thinking.
Winning on Betfair for Dummies
A book on sports betting for beginners. The Betfair betting exchange is used as an example, but the findings and insights can be used with any bookmaker. The book is characterized by an interesting presentation tied to everyday betting. Some professional tricks, which for many players remain incomprehensible, are explained in detail.
The Success Equation
The author discusses how betting is becoming more and more difficult every year. In addition, he provides facts that point to the specific structure of many tournaments that try to create conditions for a regular turnover of champions. The book is consistent and logical in its content. Sports betting also has its place in it, but it is not the best guide for novice bettors. It is easier to use if you have proper experience and understanding of betting
