Few people manage to make money from gambling; fewer still make a living from it. Written for hardened and novice sports bettors alike, Joseph Buchdahl's Fixed Odds Sports Betting examines, through various numerical techniques, how fixed odds punters may learn to beat the bookmaker, protect profits through a sensible approach to risk management, and turn high-risk gambling into a form of low-risk investment.
Fixed Odds Sports Betting investigates:
Markets in fixed odds sports betting
The bookmaker's overround
Value betting
Ratings systems for sports prediction
Profitability and risk
Singles versus accumulators
Staking plans and money management
The favourite-longshot bias
Sports advisory services
Betting records and their significance testing