This comprehensive course delves into the dynamic world of live sports betting, providing participants with the skills and knowledge needed to navigate the fast-paced environment of in-play wagering. From understanding odds and markets to mastering in-play analysis, risk management, and specialized strategies, participants will gain insights into the intricacies of live sports betting. The course also explores the psychological aspects, legal considerations, and technological innovations shaping the landscape of this exciting field.
How do sportsbooks make their lines? Which types of bets are the best? Can you beat the house? The Logic Of Sports Betting answers all these questions and more with a dash of humor and a whole lot of real talk about how it all works. Peek behind the counter and learn how sportsbooks operate. Combine that insider knowledge with why-didn't-I-think-of-that sports betting logic, and you have the winning formula. Ed Miller is a best-selling (over 300,000 copies sold) author of books on poker and gambling. This is his first book on sports betting, but maybe his favorite book to write so far. Matthew Davidow is a sports modeler, using proprietary methods to beat major sports betting markets for over 15 years, and co-founding two leading private sports analytics firms along the way. What people are saying about The Logic Of Sports Betting "Matt and Ed are two of the smartest minds in sports betting." - Rufus Peabody, professional sports bettor "As a sportsbook employee for 30-plus years, I find it difficult to read or watch anything about sports betting. But I could not put The Logic Of Sports Betting down. It's that good." - Robert Walker, Las Vegas bookmaker
The sports gambling book you can bet on Sports betting combines America's national pastime (sports) with its national passion (gambling). In the U.S., more than a third of the population bets on at least one sporting event every year. With the recent lifting of the federal ban on sports gambling, states are pushing legislation to take advantage of the new potential source of revenue. The best sports betting books are data driven, statistically honest, and offer ways to take action. Sports Betting For Dummies will cover the basics, as well as delving into more nuanced topics. You’ll find all the need-to-know information on types of bets, statistics, handicapping fundamentals, and more. Betting on football, basketball, baseball, and other sports Betting on special events, such as the Superbowl or the Olympics Money management Betting on the internet With handy tips, tricks, and tools, Sports Betting For Dummies shows you how to place the right bet at the right time—to get the right payoff.
"An elegant and amusing account" of how gambling has been reshaped by the application of science and revealed the truth behind a lucky bet (Wall Street Journal). For the past 500 years, gamblers-led by mathematicians and scientists-have been trying to figure out how to pull the rug out from under Lady Luck. In The Perfect Bet, mathematician and award-winning writer Adam Kucharski tells the astonishing story of how the experts have succeeded, revolutionizing mathematics and science in the process. The house can seem unbeatable. Kucharski shows us just why it isn't. Even better, he demonstrates how the search for the perfect bet has been crucial for the scientific pursuit of a better world.
Key Elements to Sports Betting is an indispensable guide that demystifies the intricate world of sports betting, providing readers with the essential tools to interpret odds, understand betting lines, and make informed decisions during live games. This comprehensive handbook serves as a compass for both beginners and seasoned bettors, offering a roadmap to navigate the complexities of sports wagering with confidence. The book commences with a thorough exploration of the fundamental concepts behind sports betting. Novice bettors are introduced to the basic terminology, including odds, spreads, and moneylines. The author employs a user-friendly approach, breaking down complex jargon to ensure a clear understanding of the foundational principles. As the narrative unfolds, the focus shifts to the art of reading betting lines. Readers are guided through the intricacies of deciphering odds and understanding the information embedded in lines. The book unravels the nuances of point spreads, helping bettors grasp not only the mathematics behind the numbers but also the strategic implications for various sports. Key Elements to Sports Betting goes beyond theory, incorporating practical examples and case studies to illustrate the application of line reading in different sports contexts. From the point spread in football to the puck line in hockey, readers gain insights into how betting lines adapt to the unique characteristics of each sport. Through vivid examples, the book transforms abstract concepts into tangible skills that can be applied when navigating the diverse landscape of sports betting. A significant portion of the book is dedicated to live games, recognizing the dynamic nature of in-play betting. The author delves into the strategies and considerations that come into play when making real-time decisions during live events. Readers are equipped with the knowledge to interpret changing odds, assess momentum shifts, and capitalize on evolving game dynamics. The inclusion of practical exercises and interactive elements distinguishes Key Elements to Sports Betting as a hands-on learning experience. Readers are encouraged to apply their newfound knowledge in simulated scenarios, honing their skills in real-time decision-making. This interactive approach bridges the gap between theory and application, empowering bettors to develop a keen instinct for reading live games. The book doesn't shy away from the ethical dimension of sports betting. It dedicates a section to responsible gambling practices, emphasizing the importance of setting limits, managing bankrolls, and approaching sports betting as a form of entertainment rather than a guaranteed source of income. In the final chapters, the narrative culminates in advanced strategies for seasoned bettors. Topics such as hedging, middling, and understanding market trends are explored in depth, providing readers with the tools to elevate their betting game to a professional level. Key Elements to Sports Betting is more than just a guide; it's a comprehensive manual that empowers readers to navigate the intricate landscape of sports betting with confidence and skill. By blending theoretical knowledge with practical application, the book equips both beginners and experienced bettors with the expertise to make informed decisions, enhancing their enjoyment of the exciting world of sports wagering.
The Director of Race and Sports Operations at the Las Vegas Hilton offers an insider's look at the sports gaming industry, and describes changing public attitudes towards the morality of sports wagering
Global and authoritative, this textbook maps modern, live experience media, the categories that thrive on real-time engagement and human connection – even in the age of synthetic content, AI and the Metaverse. Sports and sports betting, festivals, comedy, concerts, tours and theme parks are covered – plus theatre, trade events, conventions, museums and galleries, and immersive media. Live media events included are Burning Man, Glastonbury, the Indian Premier League, the English Premier League, Olympics, NBA and Bundesliga – plus sell-out Taylor Swift tours, the World Cup, Super Bowl, Ryder Cup and Formula One. Business models in this media category start with ticketing and advertising – now amplified with ecommerce, affiliate marketing, subscription and gambling transactions. Deep dives ask: Why is Saudi Arabia investing billions into golf and football? Why is standup comedy big in Nigeria? How are Broadway and the West End evolving? What do immersive technologies like Abba Voyage and the MSG Sphere offer for the future? With class questions, a quiz, summaries and slides for each chapter, this is a guide and course structure for anyone at university level or in industry studying the media, music, entertainment, events, exhibitions, sports, social media or gambling industries.
“Rob Miech has outdone himself with this poignant, behind-the-curtains revelation of a world of parlays and money-line wagers, of mob-ruled games, and characters named Lem and Lefty. The brilliant storyteller weaves insight from some of the world’s most prominent names in sports betting into a historic, entertaining, and informative journey.” —Ed Graney, six-time Nevada sportswriter of the year for the Las Vegas Review-Journal The legalization of sports wagering has increased the pot exponentially. But navigating the new systems can be tricky. If you’re a newcomer ready to bet on sports as an occasional pastime, veteran sports writer and Las Vegas insider Rob Miech delivers a vital primer on terminology, options, and procedures. If you’re already taking advantage of the sports betting world as a money-spinning career, he shares the latest approaches and all-new game-changing techniques by tapping the skills, secrets of success, and cautionary counsel of players on both sides of the counter. With behind-the-scenes stories and no-holds-barred interviews with the legendary masters of betting, Sports Betting for Winners shows how, with the right information and a sprinkling of luck, you can capitalize on the numbers behind the numbers and take the bettor’s game to the next level. “Miech gives us the skinny on a billion-dollar business. I'll lay you 9-to-5 you'll feel richer for reading Sports Betting for Winners.” —Mike Downey, award-winning sports columnist, Chicago Tribune and Los Angeles Times “A book on sports betting for everyone—entertaining, informative, anecdote-filled.” —Steve Rushin, author of Sting-Ray Afternoons and Nights in White Castle
With the repeal of the Professional and Amateur Sports Protection Act in 2018, regulated sports betting has exploded in the United States, with more than half the states adopting legalized sports betting and many more poised for business. As a result, career opportunities with sportsbook operators and venues; sport leagues, teams, and sponsors; and gaming regulatory agencies abound for today’s students. The arrival of The Business of Sports Betting introduces the first dedicated text—written by a team of academic faculty and internationally recognized experts in the field—covering every aspect of the sports betting industry. It begins with a historical overview of sports betting and key legislation that has led to legalized betting today. Included are the various types of wagers available to bettors, the sports in which betting can take place, and the industry’s major stakeholders. Next, readers will examine the multiple layers of sports betting regulations in the United States and the interplay between federal laws, state authorization, and tribal governance. Regulatory frameworks in the United States, United Kingdom, and Canada are covered, as well as compliance focal points addressing anti–money laundering regulations, placement of wagers, and the Bank Secrecy Act. The book then warns of the negative aspects of the business, such as illegal sports betting, gambling scandals, and match fixing; the risks associated with illegal betting; and harm from problem gambling. To combat these risks, guidelines are presented for protecting against illegal gambling, minimizing potential harms, and ensuring integrity in sports betting. Next, students learn the how-tos of establishing, operating, and marketing a sportsbook. Traditional brick-and-mortar sportsbooks are discussed in detail, including the many facility management considerations that come with operating and maintaining a physical venue. Students also learn about the various mobile sportsbooks available today (including websites, kiosks, and phone apps), how they operate, and their connection to and interaction with physical sportsbooks. In addition, the authors present marketing and advertising strategies for acquiring customers and forging relationships with teams, leagues, and sportsbooks. Special attention is given to the American Gaming Association’s Responsible Marketing Code for Sports Wagering and its compliance considerations for sportsbook operators. Sports wagering is a data-driven business, and students will see how data are generated and transmitted to sportsbook operators. Managing and protecting that data is paramount to competitive advantage, and students will learn about intellectual property protections granted to sportsbook operators. Additionally, the book discusses the proliferation and potential positive and negative impacts of gamification and virtual currencies in sports betting. Chapters are punctuated with supplemental sidebars and case studies providing real-life examples of the positive and negative impacts of sports betting. The Business of Sports Betting offers a comprehensive introduction to the nuances of the sports betting industry, including the key players, regulatory environment, marketing and technology drivers, and business operations of a sportsbook.
