With these 5 book you can improve your betting cricket betting
Bettors will always look for new ways to change – reading books is one way to do so. Some readers from our site have recommended these 5 books below, which will help to improve your betting skill.
1.Market Wizards: Interviews with top traders by Jack D. Schwager
How do the world’s most successful traders amass tens, hundreds of millions of dollars a year? Are they masters of occult knowledge, lucky winners in a random market lottery, natural-born virtuosi—Mozarts of the markets? In search of an answer, bestselling author Jack D. Schwager interviewed dozens of top traders across most financial markets. Although their responses varied in the particulars, they could all be boiled down to the same basic formula: reliable technique + proper mental attitude = success in trading. In Market Wizards Schwager, you will learn, in their own words, what those super traders had to say about their extraordinary achievements. He distills their reactions into a set of guiding principles that you can use to become a trading star of your own.
- Features interviews with superstar money-makers such as Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin and more
- Say the true stories behind sensational trading coups, including the one about the investor who converted $30,000 into $80 million, the hedge fund manager who has earned an average of 30% return per year for the past twenty-one years, and the T-bond futures investor who parlay $25,000 into $2 billion in one day!
2.How to Find a Black Cat in a Coal Cellar: The Truth about Sports Tipsters by Joseph Buchdahl
How do we know if we can beat the bookmaker? That is easy: look at the balance of our banks. But how did we know when we weren’t just lucky? More importantly, how can we know that, through talent, ability, and hard work, someone who says he can do it and who sells his expertise will keep doing it again and again? This book explores the strategies available to address that question, to recognize those attributes, and to help readers find value for money in an industry that appears to primarily based on confidence and the power of chance. To uncover the truth about sports tipsters and eventually how to identify the best tipsters, the Black Cats.
3.What I Learned Losing a Million Dollars by Jim Paul, Brendan Moynihan
The meteoric rise of Jim Paul brought him from a small town in northern Kentucky to be governor of the Chicago Mercantile Exchange, and he lost everything — his wealth, fame, and job — in one fatal attack of excessive economic hubris. Paul and Brendan Moynihan analyze the events that led to Paul’s disastrous decision in this truthful, frank study and investigate the psychological reasons behind poor financial practices in many economic sectors.
This book — winner of a gold medal award for the 2014 Axiom Business Book — begins with the unbroken string of achievements that helped Paul achieve a jet-setting lifestyle and secure a key spot with the Chicago Mercantile Exchange. It then explains the circumstances leading up to Paul’s $1.6 million loss and the critical lessons he learned from it. Primarily that, while there are as many ways to make money on the markets as people are investing in them, all losses come from the same few sources.
Investors were losing money in the markets because they’re making a mistake in analysis or psychological barriers preventing the application of analysis. The cautionary tale of Paul and Moynihan includes methods to prevent losses connected to a basic structure to grasp, embrace, and mitigate the risks of saving, trading, and speculating.
4.Trading Bases: A Story about Wall Street, Gambling, and Baseball by Joe Peta
Joe Peta had been out of a job since the collapse of Lehman Brothers. He found a new one but lost it too when it was mowed down by an ambulance. Peta started watching baseball again when he grew up in search of a way to cheer himself as he recovered in a wheelchair. That’s when inspiration hit: Why not use his excellent risk-analysis skills to develop sabermetrics, the tool made famous by Moneyball — and beat the city’s only market, the betting line for Vegas? Why doesn’t MLB treat them like the S&P 500?
In Trading Bases, Peta demonstrates how to deduct luck — especially “cluster luck,” as he puts it — from statistics from a team to predict better how it will perform in the next game and throughout the entire season. His baseball “hedge fund” in 2011 returned an impressive 41% — and was never down more than 5%. Peta brings readers to the San Francisco stadium, New York trading floors and baseball bars, and Vegas sportsbooks, all monitoring his wagers’ success. Sometimes funny, often emotional, and with a clink to the absolute unfairness of the whole endeavor, Trading Bases is all about the love of logical thinking, trading cultures, risk management, and baseball. And not even in the arrangement.
5.The Success Equation: Untangling Skill and Luck in Business, Sports and Investing by Michael J. Mauboussin
Most of what we do in life comes from a combination of skill and chance. “— From the introduction The trick, of course, is to figure out exactly how many of our successes (and failures) can be credited to each one — and how we can learn to tell the difference in advance. Skill and luck appear hopelessly intertwined in most realms of life. Different ability rates and varying degrees of good and poor luck are the facts that form our lives — still, few of us are experts at distinguishing precisely between the two. Imagine what we could do if we could pull these two threads out, analyze them, and make better decisions using the resulting insights.
Michael Mauboussin helps untangle specific complex threads in this controversial book to provide the framework needed to examine the relative value of talent and chance. He offers practical ideas to help make those observations work for you. When we recognize the degree to which skill and luck lead to our successes, we will learn how to approach decision making with them.
The Performance Equation helps us move towards this aim by creating a framework so that we can better understand skill and luck and recognize where each one is most relevant — helping us to build the analytical skills required to understand skill and luck. Offering practical advice on how to take these results and bring them to work Highlighting the humor, wisdom, and analytical genius of Mauboussin’s hallmark, The Success Equation is a must-read for those trying to make better business and life decisions.
