Best Books on Betting for Beginners – 8 Must Read Books

The right literature is a powerful tool that we can use in any endeavor. That is why we have tried our best and collected the coolest and most useful betting books for you. Our list will help the novice bettor learn about the basic concepts of betting, understand betting strategies, and finally get started. So what are the best books on betting for beginners?

Sports betting is an intellectual duel between a bookmaker and a gambler. It’s hard to predict who will be the winner in the long run. It all depends not so much on the case as on the good knowledge of the material by both participants. This article introduces you to the books on betting for beginners which contain useful information. It will help a beginner not to get confused at the sight of various outcomes and odds. And for a more experienced player, it will be useful to understand all the nuances of sports betting. So I can’t wait to show you our pick of the best books on betting for beginners. Let’s get started!

1. Winning on Betfair for Dummies – Jack Houghton

First and foremost, we are starting with a step-by-step guide for the novice bettor on our list that echoes the world’s largest betting exchange Betfair. Jack Houghton has worked for this sportsbook for many years and shares his real-life experience with newbies. The author describes in some detail and without unnecessary complications the inner workings of the bookmaker. Houghton has worked as the manager of a famous betting exchange Betfair for many years. He thoroughly studied the system of actions of companies, their functions, etc.

Although the author cites Betfair as an example, the developments described in the material are easily applicable to other sportsbooks. For that, check out the list of online sportsbooks in the UK. If you do not understand even the basic principles of betting, you should get acquainted with this guide for beginners. Here, even the most confusing concepts are explained in extremely easy language.

2. 80 Percenter Official Handbook – 80 Percenter

For some reason, this book is rarely included in thematic collections, but in vain. It tells about sports betting and reveals the subtle aspects of betting. In particular, the author focused more on football. He shared with others which sites to use to analyze football and sports events in general. By the way, you can use the list of online sportsbooks in the UK to use your knowledge. The main advantage of the book “80 Percentage” is telling you about betting by example. It will also be useful for beginners to learn about the theory of betting. There are other cool books about football betting. But only here you can find difficult things in simple language.

A  tipster under the nickname 80Percenter wrote this ultra-useful material. He is well known abroad. Readers love him for the fact that he speaks frankly about everything. While colleagues keep the betting technique a secret and are in no rush to teach newcomers, 80Percenter is not afraid of competition. He reveals all the theoretical and practical information and talks about loopholes in football betting.

3. Best Books on Betting for Beginners – The Signal and the Noise-Nate Silver

The Signal and Noise is one of the popular betting books that almost every player knows about it. The reason for the huge popularity lies in the relevance of the material. The book quickly gained the trust of professionals. Betters like the correct presentation of information and presentation style itself. The book provides a detailed and full description of how to properly collect and organize the information received. So this skill will allow beginners to develop the correct strategy of action, cutting off all secondary ones.

Hence, the ability to correctly analyze the event will help you earn stable income on bets. And also it will save you from impulsive bets. With this book, even the most inexperienced person will understand how to evaluate any match. Silver talks about the principles of betting using real-life examples. Associations help you quickly assimilate complex information and make it easier to process it in your mind. So this book is an irreplaceable thing for those who do not know how to collect and sort data correctly. The author fully reveals the topic, simplifying complex concepts for perception.

4. How Professional Gamblers Beat the Pro Football Pointspread – J.R. Miller

Many betters are well aware of the name of J.R. Miller. This man was a  professional in sports betting for many years. He has a huge amount of useful materials dedicated to betting. However, most of all, readers appreciate this particular one. In it, Miller shares the key points of his betting strategy and helps beginners successfully use it to make money. The effectiveness of this guide is confirmed not only by the author’s many years of experience but also by simple betters who have used his books on football betting. Another plus – the techniques described in the manual are successfully applied in other sports. Miller developed his strategies over decades and regularly improved them. That is why he managed to prove the profitability of his algorithm of work. But also he bypassed many colleagues in this field. That’s why J.R. Miller is incredibly popular in the United States.

5. Best Books on Betting for Beginners-The Smart Money – Michael Konik

Fiction books and biographies also work great and help to realize one important thing. You are not alone in your experiences and successes. At this particular moment, someone is scolding himself for a stupid mistake in betting. The next moment, about a dozen more people are happy that the chosen strategy turned out to be correct. The book of betting “The Smart Money” is about the famous sports analyst Michael Konik. Konik has gained rich experience in betting and the casino industry. The reader will learn about the incredible events in Konik’s life associated with membership in a gaming syndicate. Also, they will learn about the creation of his sports betting empire.

It tells in detail about meetings with different people, examines the basic human values. ​​And also it reveals the subtleties of betting on sports. Another advantage of Smart Money is that the author turns the bookmaker business inside out and opens his eyes to previously hidden facts. This is not a superficial narrative with a bunch of mind-boggling adventures. Finally, Konik analyzes each aspect in detail and teaches beginners how to live on.

6. Best Books on Betting for Beginners-Thinking, Fast and Slow – Daniel Kahneman

In narrow circles, Daniel Kahneman’s book is very popular. This material is controversial in all respects, focusing on 2 types of thinking. The first one allows us to think with our emotions and instincts in mind. And the second one uses logic, which is more deliberative and slower. Moreover, contrary to assumptions, the psychologist, instead of giving stereotyped solutions, debunks some of the myths about each of them. Kahneman also allows us to understand exactly how our brain works and how you can use the subconscious system for your good.

Probably, skeptics will think: “How can a book with psychological methods help to bet on sports?” The answer is – Daniel Kahneman is the only non-economist who got the Nobel Prize in Economics. He received the award precisely for outstanding achievements in the field of psychological economics. After reading any book on sports betting, you are unlikely to become a billionaire or a professional tipper in a second. But you will be able to commit irrational actions, and this is the most important thing. Also, check out our list of must-read books on gambling.

7. Best Books on Betting for Beginners-Trading Bases – Joe Peta

Once Peta worked as a stockbroker. Then Peta became interested in baseball and developed an author’s system for evaluating baseball matches. The author tells in his book about his path in the world of betting, rethinking this area, successful and unsuccessful decisions.

The stockbroker’s fresh look and trading skills in the new business have yielded good results. Even a skeptic in an almost autobiographical book will find a lot of interesting and useful things. The pluses include a thorough analysis of all factors that can affect the outcome of the match. However, the author pays special attention to the analysis of overvalued and underestimated baseball teams. The success of Joe Pet’s strategy developed in the first 12 months alone brought him 41% of the profit.

8. Market Wizards-Interviews with Top Traders – Jack D. Schwager

Even if you are far from the world of trading, this book is quickly addictive and leaves a pleasant impression. The interview format reveals people from a new perspective and allows you to get to know more about new aspects of life. This book includes 4 parts. In each part, traders answer different questions. The main characters successfully pursue their careers in a wide range of markets. So the reader will learn as many useful facts as possible and become more familiar with the philosophy of trading. Moreover, you will read a mixture of facts from the life of interviewers, about comic situations at work and the biggest failures.

Market Wizards give everyone a unique opportunity to look behind the screen of the financial market and analyze the strategy of the behavior of professionals in their field. In addition to the interviews, the author concludes everything that was mentioned earlier. Also, he highlights the key factors of traders’ success. In conclusion, Schwager reveals a little about the basic principles of trading and examines the psychology of a trader. Moreover, some of the principles can be quite successfully applied in sports betting. The main thing is to notice opportunities in time.

So these were all the best books on betting for beginners. Therefore, we sincerely hope that the materials proposed in the article are new to you. And that you have learned a lot of useful information from this. This is mandatory literature for those who engage in sports betting or trade on the stock exchange. For more suggestions check out our article about the best online gambling books.

You can discover more about Betfair here.