Logic Of Sports Betting

Interesting book on how the market of sports bets works, but you won't find any tips of how to make right bets, better look somewhere else

Comme tous les livres de Ed Miller, celui-ci est extrêmement clair et bien expliqué. Etant complétement néophyte, j'ai compris les mécanismes des paris sportifs, même si cela s'adresse surtout aux types de paris US avec des types de paris qui n'existent pas en France. Je recommande ce livre à tous ceux qui veulent comprendre ce qu'il y a derrière chaque cote. Merci Mr Miller.

This book is great for explaining the basics of getting started and understanding Sports handicapping

The book offers a good description of how the bets market is formed, from the very basic definitions to the processes that generate a price. It doesn't pretend to offer any special knowledge (i.e. magic formulas), it explains the risks and it doesn't make any promises.

The Logic of Sport Betting teaches concepts of how to win with perspectives that have I have never seen published before. How does a Sportsbook generate a line for a given market? Looking at that process, you can identify when and what will be easiest to attack as a sports bettor. The process explains why it is nearly impossible to win at the NFL betting 30 minutes before a game starts, and which markets are easiest to beat. The math isn’t too heavy, but enough to teach basic concepts you must know to have a chance. What is a break-even percentage? How do you calculate a theoretical hold on a multi-way market, or a synthetic two-way market? Why do players lose so much on parlays (it isn’t the hold)? In addition to the process, this book teaches about the markets. What do different line moves mean? What types of market moves warrant betting more (or less)? Much of the book focuses on helping you understand the operation of a sportsbook, and the inherent weaknesses it has. If you see the enemy as they see themselves, you will better see and understand glaring weaknesses in what they do. The final section includes bread and butter things that winning players know and do. How can you best exploit a Sportsbook’s marketing (e.g., bonuses and other offers)? If you have exceptional information or an angle, how do you best use it to make money? How can you lower the market’s theoretical hold? When do you often see big value in derivatives and props? This book alone won’t make you a winning player, but it is a major stepping stone towards winning. If you are a losing player, there is a lot you need to learn from this book. If you are a winning player, it might make you think in more depth about (possibly incorrect) assumptions you have made. I gave this book 5 stars because it offered a lot of information I have never seen published, it was coherently themed to elevate players, and it was extremely well written and edited.