

Sharp Sports Betting
Emphasis on Statistics. Good for Beginner to Intermediate.For those unfamiliar with the workings of sports books, Sharp Sports Betting explains how to place bets, money management, calculating what you stand to win on bets, and what types of bets are available, including separate chapters on money lines, over/under bets, props, parlays, and teasers. There is a glossary of sports book terms in the back of the book. And there is a chapter on internet sports books.
Moving beyond the basics, the author lays out his highly mathematical methods of handicapping sporting events and choosing bets. I have to say that I was not at all surprised to find out, on the last pages of this book, that Stanford Wong is also a professional blackjack player. He earned his way through graduate school playing cards. He has written books on blackjack. And he handicaps sports precisely like a blackjack player. I think the cardshark perspective that Wong brings to handicapping sports lends a little extra interest and unique content to Sharp Sports Betting. Not to put too fine a point on it, but the guy is a statistics and probability nut. He doesn't actually make his own lines, so there is no instruction on line-making. He just tells you how to beat the lines that the sports books are offering, using probabilities. At least half of this 384-page book is dedicated to teaching the reader how to calculate probabilities of various things happening in a game -pretty much anything that could happen in a game, actually. I wouldn't know how to begin to explain it, so I won't. In addition to instruction, the author includes a lot of charts which aid you in predicting outcomes, many specifically for the NFL, but some relevant to other sports. There are also 2 appendices with charts of Poisson distribution of events (probabilities), one cumulative and one not. A third appendix contains charts for win-lose-push probabilities.
Sharp Sports Betting is a good introduction to sports betting for the novice. Its very mathematical tone and in-depth instruction on calculating probability make it useful for the intermediate bettor, as well. The author's passion for applying statistics to sports, in the spirit of a card player, may result in some fresh ideas for the experienced handicapper also.
Some good information in this book...

As good a strategy as any, but not really investingWell, nowadays the Daily Racing Form has all of its data available for download in spreadsheet format so if you have some decent MS Excel skills, the number crunching process can probably be accomplished quickly in the morning, allowing ample time to get to the track (I haven't actually downloaded the DRF's data, lest I slip back into my gambling phase, which I'm happy has passed).
DID IT WORK FOR ME?
Yes it worked for me. I crunched the numbers, followed the betting rules pretty much to the letter, and overall had a positive outcome over the course of 8 to10 race cards. My rate of return (net winnings/total bets placed) was pretty low, but it was positive. The system itself is very easy to implement if you can automate the data entry and calculation part of it. If you can automate that through DRF Online, the tweaking process afterwards is pretty easy and can be done at the track. Those that can do math in their head quickly and well (and think in fifths and fractions) may actually be able to pick up a DRF at the track early and get the crunching process done in their heads. For everyone else (like me) that can't do that much math in your head (say within the 15-20 minutes between each race), the system is a little overwhelming and the principles can only serve as a guideline then.
WOULD YOU WANT TO IMPLEMENT IT?
Should you be able to "invest" money at the racetrack and expect a certain rate of return? Well, let's examine the traditional investment - stocks. You should expect a positive rate of return from the equity market (over time) because you are lending money to others who take that money and invest it in a productive process that adds value. How about card counting in blackjack? Yes, you should expect a positive return when counting cards in blackjack - the odds are slightly against you without counting cards (and following the "optimal" hit/hold strategy), but altering your betting scheme and hit/hold strategy based on face cards left in the deck has been mathematically proven by IBM mathematicians (and others after them) to allow the player to have the statistical edge on the house (see "The Worlds Greatest Blackjack Book"). So then horseracing? Races are determined by the events primarily within the power of dumb (and I mean that in the biological sense) animals, with intervening events like weather, race fixing/throwing, injury, jockey error, etc. Barring your knowledge of non-public information like a jockey's intent to throw a race, there are no theoretical or mathematical reasons why you should be able to make any money (especially not counting the house fees you are paying) betting on horses. The pari-mutuel system reflects the collective public knowledge of those betting - it's not enough to simply choose the horse that will win (or place/show), you also have to choose the horse with more consistency than your fellow bettors.
BOTTOM LINE: If you want to have more fun at the race track and have a more structured approach toward horse selection and betting, this is a great book. If you are looking for the next best handicapping strategy, please get some help at GA, really.
Easy ReadingThe book tells you how to figure out the speed, endurance and stamina of a horse to see if he has what it takes to be up at the front when the finish line comes rolling around. I have to say that even if you don't believe what he is selling, and even if you don't follow all his little rules, the major tips he gives you in this book will definitely help out the novice handicapper and make a day at the racetrack much more fun. I mean why not, winning money is more fun than losing money. Right?
My average was on $20.00 bets. I made $70.00 per day per track bet. My worst day I lost $80.00. My best day I made $700.00
Good Luck
Can playing the ponies be viewed as an investment strategy?Readers new to racing will gain valuable insights into the science and art of the sport, while experienced bettors will appreciate the fresh perspective on the "accepted" methods of rating horses and their past performances.
The methods detailed in the first half of the book are explained in easy-to-follow detail, supplimented by charts reprinted from various regional editions of the bible of the racing industry, the "Daily Racing Form." While the examples and calculations are explained in easy-to-understand terms, Scott never talks down to his audience -- even the experienced horseman won't be bored. The last half of the book, which shows Scott's methods in use in each race over a typical week at Belmont, serves to cement the lessons learned.
Experienced handicappers may shudder at some of Scott's play-it-safe suggestions, and businesspeople with their 401(k) statements may roll their eyes at the idea of blowing money on the ponies, but both should put "Investing at the Racetrack" to the test. After all... it's only money...


A very good book for the beginner.

How to Handicap NFL Games62 of the book's 165 pages are appendices. Appendix 1 follows one NFL team through an entire season in order to illustrate the finer points of calculating a team's power ranking over the course of a season. The second Appendix contains a full season (1996) of bets that the author made with explanations of why he made each bet. Included are some bets that he didn't make and reasons that he passed on those. The appendices could prove to be invaluable references if you intend to get serious about NFL betting, especially betting over the long haul.
There is some information in this book that is not about handicapping. The title of the book's first chapter is: "How Pro Football Is Bet and How the Point Spread is Set". It includes explanations of different kinds of bets (spreads, over-under, parlays, parlay cards, reverses, teasers) and explanations, with examples, of how the Las Vegas Sports Consultants set their lines each week. In chapter 2, the author goes on to explain how the media can affect betting, how touts work... These chapters contain a lot of interesting information that would be useful to both serious and casual NFL bettors.
Beat the Sports Books is really dedicated to teaching you how to determine what bets to make. There isn't much advice on precisely how to place those bets beyond the author's emphasis on trying the get the early lines and shopping for a fair price on your bet. There are no lists of sports books or internet casinos or instructions in how exactly to communicate what you would like to bet once you've found one. The information in Beat the Sports Books would seem to be intended for the relatively experienced bettor.
I'll risk repeating myself here, just to be clear: Beat the Sports Books is a lesson in handicapping NFL games with an overwhelming emphasis on making your own lines. Dan Gordon provides the reader with detailed instruction in the methods that he uses to calculate lines, based on over 20 years of experience as an NFL bettor. There is relatively little advice on other methods of handicapping. If you would like to be able to calculate your own lines in order to exploit the errors of the lines the sports books use, this is the book for you!


a gamblers DELIGHT!

Completely changed my approach to handicapping.

Good primer.....although his "Blindfold Method" is a jokeHowever, Moore's betting system (the "Blindfold Method"), which he uses the last quarter of the book to unveil, is amusing at best. His theory, which suggests that bettors can exploit "soft lines" between different bookmakers, assumes that significant variations in odds can be found regularly ("one or two games per week"). In practice, this does not occur. Most bookmakers are well aware of the Vegas line for all sporting events and manage their betting imbalances by using "lay-off" operations instead of simply changing their lines (a fact completely ignored in the book). As with all betting systems, it is worthwhile to wonder why the author is writing about them instead of using them to make untold millions. For those that do put their faith in Moore's system, the "Blindfold Method" could not be more aptly named.


Very Good Book Combining Sports Betting and Computer Program

The definitive book on odds-line makingWidely regarded as the definitive book on setting an odds line in your Thoroughbred handicapping, and for good reason. Cramer, who's authored a number of excellent handicapping tomes, spends a couple of hundred pages on the concept of value and how to achieve it. His greatest strength is his simple asserion, backed up with a number of examples, that there is no mechanical formula to be used; it's different for every race. He illustrates handicapping as art, rather than the handicapping-as-science approach used by many other books. Definitely a work that belongs in the bookshelf of every horseplayer, casual or serious. **** 1/2


Worst sports betting book I've ever read!
Kudos To A Well-known Professional
If you bet on sports, buy this book