Must-Read Books for Bettors

Are you looking for the best books on betting? Worry no more, in this article we have recommended books that contain detailed literature as you would want.

The books we recommend sometimes may not only be about betting but everything and anything, that constitute betting knowledge. They also contain a vast deal of information to give the wannabe punters. We are confident that they will make it a lot easier for you to climb the ladder of betting.

Daniel Kahneman: Thinking, Fast and Slow

This book is less specific to betting but very useful for betting. Its significance to punters is excellent. Other than trying hard to beat the bookies, another challenge that punters have is to control their inner self towards illogicality or irrational thinking.

The book was written by a guru of behavioural science, who summarises a robust study into comprehensible material for punters. The book highlights that people make gambling decisions based on the possible value of gain or loss, instead of the final outcome. Additionally, people have some rules that they use to evaluate these uncertainties. In a nutshell, this is what gamblers go through each and every day. They have to think fast or sometimes slow, but oriented on how much they may lose or gain.

Nassim Nicholas Taleb: Fooled by Randomness

Nassim is a very unique writer. At his best, he is harsh, and at worst egotistical. In other words, expect Nassim to say things how they are, no sugar coating, just simple plain truth.

This book explains adamantly, how we blindly suffer on the hands of probability. It adds on, and states, that we misinterpret statistics to suit our understanding. The point of focus is the trader’s plight in the finance sector, which we believe punters suffer the same fate. The writer thinks that confusing luck and skill will give you the shortest distance to the poorhouse.