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Sports Investing: Profiting from Point Spreads: Finding Value in the Sports Marketplace Paperback – April 2, 2010
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I have two criticisms of this book, and both relate to the book's suggestion that you can profit going forward using their methods. The first is the belief that the market is primarily driven by public money. This assumption might have been valid 10 years ago, but the growth of syndicates and the number sharper players could have already changed the market place. As an example, consider the most recent Super Bowl between Indianapolis and New Orleans. In nearly every year in the past, there has been large value playing the "anti-public" middle - betting the favorite (Colts) on the moneyline, and the underdog (Saints) on the spread. This value was caused by mass amounts of public money in years past. In the 2010 Super Bowl, the public money (which always caused profitable middles in the past) was not sufficient to overcome the sharp money. More and more, we are seeing that public money is mostly irrelevant compared to syndicate action at controlling the market price.Read more ›
There is more written about how to use their paid subscription website than the ABC's of sports betting and handicapping. If you are looking for info on putting together a handicapping system of your own from the ground up I would not suggest this book unless you intended to subscribe to the sportsinsights.com website.
If you are an experienced bettor, the information here is so basic it won't do you much good. I'm a inexperienced bettor and I found most of the information too basic for me.
I know I slam this book but it's only because I feel I was tricked into thinking it would offer tools for my handicapping toolbox, not just try to tease me along to try and sell me something. But with that said, I want to be clear that I don't believe the authors are being dishonest or are shady in any way. They seem quite upfront, honest and respectable. I just think the book should be free since it is essentially just a marketing publication.
Sports Investing, the new book by the people at Sports Insights, is exactly the wake-up call that bettors need: a well-researched, level-headed guide to achieving realistic profits over the long-term. I love the focus on disciplined money management, perhaps the most common obstacle for the casual bettor. And once you've started following the sharp money (they show you how!), you'll never depend on old school stats or match-up analysis again. Reading this book will change your whole perspective on placing wagers.