Yes I have for many years. I would probably suggest following the system like the one seen at the video on Sports Betting! English Choose a language for shopping. You can divide that expectation by the number of bets to get an amount you expect to lose on average per bet. Answered Jul 30, If you want to make money, you need to start with a betting bankroll capable of absorbing losses If you're going to bet in units, with an average bet of 1 unit, I would recommend a bankroll of at least 50 units. And for half-time bets that line could be far different from the true line.
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The key idea is to understand which games are beatable and how to beat them. David Sklansky and Mason Malmuth have both spent many years writing about the finer points of poker, blackjack, and other beatable games. As you will see in the book those other "games" are horses, sports, progressive slots and video poker, casino tournaments, and special promotions.
They don't include craps, roulette, keno, or baccarat for reasons explained therein. This book, however, was written for the not quite as experienced aspiring gambler. It shows you everything you need to learn and do if you want to gamble for a living both from the practical and the technical standpoint.
The rest is up to you. Another opportunity for making money at sports involves what is known as half-time bets. These are bets on the outcome of the second half only. They have become very popular in recent years, especially in the sports books of Nevada. They work like this: The bookie will put a line on most TV games as soon as the first half ends.
So you have about twenty minutes to make a decision. There are two reasons why half-time lines can be easy to beat if you know your sports. The first is that the bookies have to make the line on the spur of the moment. They don't have access to the normal amount of research, and while they do have experts coming up with that line, you may have noticed something while watching the game that those experts didn't. The second reason why the half-time line could be profitable has to do with the fact that, as usual, the bookies are out to balance their books and thus normally try to put out a number that they think will get equal action.
There will be many times when the bookie will not put up what he thinks is the proper line. He will put up the line that he thinks will split the action. And for half-time bets that line could be far different from the true line.
This is the case because there are prospective hedgers out there who have made a bet on the game and now want to guarantee a profit on the bet. To understand, let's look at an example. The people who have bet on B are in great shape, but they still could conceivably lose. At this point the book might post a half-time line making Team A somewhere around a 7-point favorite for the second half only.
After arriving in California he discovered that poker was legal and began playing in some of the public cardrooms as well as taking periodic trips to Las Vegas where he would play both poker and blackjack. In he went to work for the Northrop Corporation as a mathematician and moved to Los Angeles where he could conviently pursue his interest in poker in the large public cardrooms in Gardena, Bell Gardens, and Commerce.
In he left his job with the Northrop Corporation to begin a career as both a full-time gambler and a gambling writer. He has had over articles published in various magazines and is the author or co-author of 12 books. These include Gambling Theory and Other Topics, where he tries to demonstrate why only a small number of people are highly successful at gambling.
In this book he introduces the reader to the concept of "non-self weighting strategies" and explains why successful gambling is actually a balance of luck and skill. All the "advanced" books are considered the definitive works on these games. His company Two Plus Two Publishing has sold over , books and currently has 22 titles to its credit. These books are recognized as the best in their field and are thoroughly studied by those individuals who take gambling seriously.
Would you like to tell us about a lower price? If you are a seller for this product, would you like to suggest updates through seller support? Is there really such a thing as a professional gambler? The answer is an unequivocal, "Yes! Many thousands of people around the country make a good living exclusively from gambling.
It is not easy, but it can be done. The key is to understand which games are beatable and know how to beat them. David Sklansky and Mason Malmuth have spent many years writing about the finer points of poker, blackjack, and other beatable games.
As you will see in the book, those other "games" are horses, sports, progressive slots and video poker, casino tournaments, and special promotions.
They don't include craps, roulette, keno, or baccarat for reasons they'll explain. This book, was written for the not quite as experienced aspiring gambler. It shows you everything you need to learn and do if you want to gamble for a living from both the practical and the technical standpoints. The rest is up to you. Read more Read less. Prime Book Box for Kids. Add all three to Cart Add all three to List. These items are shipped from and sold by different sellers. Buy the selected items together This item: Sold by Francis Kelly and ships from Amazon Fulfillment.
Ships from and sold by Amazon. Customers who bought this item also bought. Page 1 of 1 Start over Page 1 of 1. Getting the Best of It. The Theory of Poker: Gambling Theory and Other Topics. Small Stakes Hold 'em: Winning Big with Expert Play. About the Author About David Sklansky David Sklansky is generally considered the number one authority on gambling in the world today. Don't have a Kindle? Share your thoughts with other customers. Write a customer review.
Read reviews that mention sklansky poker games blackjack sports horse malmuth advice bankroll opposed betting strategy professional stick section david introduction. There was a problem filtering reviews right now. Please try again later. Sklansky and Malmuth do a good job of introducing the reader to the world of gambling for a living. They make it clear just which games can be beaten and which can't see below and which may be beaten depending on circumstances e.
The authors also give a brief sketch of casino games that cannot be beaten at least by normal means such as craps, roulette, keno, etc, and point out why they can't be beaten. Clearly if you hope to make a living gambling you will become an expert on one or more of the four major games that can be beaten.
They are horse race betting, sports betting, poker, and blackjack. The authors introduce the games with an emphasis on the circumstance and milieu in which you will find yourself. For example, if you are going to play blackjack for a living you have to get the basic strategy down pat, learn to count cards unnoticeably, and even learn to dress and behave appropriately so that it takes a long time for the pit bosses to realize that you are a winning player and throw you out.
If poker is your choice then you'll have to learn the game s through experience with some help from the literature.
You'll start at the small games and work your way up, all the while making sure you have a sufficient bankroll separate from your living expenses. Sklansky and Malmuth make a big deal about this, but I can tell you from personal experience more would-be professionals failed because they couldn't or wouldn't play within their bankroll than for any other reason.
It's called "gambler's ruin. The authors recommend from to times the big bet in your game as a minimum stake against a bad run of cards. This will vary depending on your variance, your style, how many hands you play, and against whom.
Of course if you play too many hands you become a loser no matter how skilled you are. Play against the best players in the world and you also find yourself "on the rail," which is why Sklansky and Malmuth also recommend that you spend some serious time selecting the games to play in, that is, find the easiest games available at your bankroll and skill level. The section on sports betting is encouraging, as the authors show how the bookie's line can be beaten, but what the authors fail to say is that these opportunities a line out of line, so to speak come up much less often than bettors would like; in fact so seldom that unless you are betting tens of thousand of dollars on the games, it is very difficult to make a living betting on sports.
Furthermore, behind the sly insights one might have into the psychology of a particular game situation--as opposed to an analysis of the comparative strengths of the teams "power ratings" --is the assumption that 1 such factors are not already in the line; and 2 the sports bettor knows them better than the line makers. The only reliable way to beat sports betting in my opinion is to have intimate knowledge of the teams and to shop the line, that is live and breathe the teams like a fan only with objectivity and pick the best price given by several books.
A professional line shopper I knew had a team of people who would bet for him in various cities across the country. But just the opposite is the case in Atlanta where the bookies overprice the Braves. The main problem with this book, despite all the absolutely accurate assessment of the games, is, it's out of date.
Written over ten years ago, it does not give the reader any information on Internet play and there is little that reflects the enormous increase in the tournament action both online and in the casinos. Furthermore, although Sklansky and Malmuth warn the reader gently that there's a lot of work to be done to get to the professional level, and again warn the reader that there are pitfalls along the way, they fail to convey--at least to my mind--just how hard it is be a successful gambler.