good gambling book

An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund

TimothySykes.com


Possibly through book and advice selling ?
 
Quote from captain_trips:

I can't comment on books but some other good flicks to check out are (in no particular order):

"Let it Ride"
"Cincinnatti Kid"
"The Hustler" (no-brainer)
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All good flicks and I would add "Rounders" to the list.
 
Owning Mahoney.

Its about the dark side of gambling and teaches all the wrong things to do. Like not knowing when to get out with profits.
 
Quote from jaronimo:

Owning Mahoney.

Its about the dark side of gambling and teaches all the wrong things to do. Like not knowing when to get out with profits.
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in fact one of the bigger problems i face in poker....not having a stop gain....sometimes i hit 3 times buy-in within 30 minutes of sitting down and i wont get up and leave...cuz oh well i just sat down...big big problem if you ask me...peace
 
Quote from watchdaride:

Whats a good book on the psychology of gambling .
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<p>Larry Merchant is the long time commentator for HBO Boxing. Before that gig, he wrote a book entitled The National Football Lottery. That book got me to gambling on football. The book turned me on to technical analysis. I was quite good at betting the NFL because there are relatively small sets of information to analyze. But as it often is with gamblers, my winnings on the NFL, I frittered away on college football, college basketball, and pro basketball. But I was able to churn a lot of money, and that allowed me to learn a great deal about my psychological construction and how it was suited to taking risks. I think sports gambling is a good parallel to daytrading because you are dealing with technical analysis as well as market psychology. Sports gamblers must mix their understanding of "the public" with technical analysis. In a way I think sports gambling is more difficult than daytrading. In gambling, it is either win or lose and rarely you can get a tie or a push. Daytrading has the possibilties of a lot of nearly neutral outcomes which you can learn to work in your favor. If you can manage what are possibly negative outcomes into neutral outcomes, then that it is a positive. In sports gambling the end point is either a win or a loss plus the vig. In daytrading you have control over the end points which is a huge advantage over gambling.
 
Quote from Tandori Chick:

One of my favorite movies in this genre is "Hard Eight." Interesting analogy to trading to get an edge through "comps" offered by the casino. A very dark film with a deeper message, and a talented cast.
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Do you give Sammy B "comps" in the bathroom?
 
I liked "Fortune's Formula". It isn't specifically about gambling but rather a historical development of the 'Kelly Formula' and how Edward Thorp created his 'card counting strategy' with the help of fellow geniuses at Bell Labs. It includes a wide cast of characters like J. Edgar Hoover, Rudy Giuliani, Michael Milken, Warren Buffett, and assorted crooks, Nobel Laurelates, and mobsters.
 
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