About gamble books
If you really want to take betting as a discipline that requires systematic learning, rather than just watching short videos of "three minutes of steady income tips", then read a few classic betting books, often more valuable than staring at a bunch of "big god tanned single".
This page of "Gambling Books" is a reading list compiled by Gaming Scout, which includes both gambling books on casino games, sports betting, Texas Hold'em, and other practical strategies, as well as a large number of classics on probability theory, game theory, behavioral economics, and the relationship between "gambling and investing". Many books that seem to talk about Wall Street, investment banking or business gaming are essentially discussing "how to bet" and "how to manage risk in an uncertain world".
Whether you're a new player just getting into betting or a veteran who's been in the stock, futures or cryptocurrency markets for years, there are two things you can learn from these books:
One is the real odds and probabilities behind the numbers, and the other is how human nature swings between greed and fear. Understanding these two points is more important than any single "skill formula".
The gaming books listed on this page can be broadly categorized into several general directions:
1) Casino and Gaming Practical Class
Includes books written around casino environments such as Las Vegas and Macau about strategy, money management and advantage play in games such as blackjack, roulette and baccarat.
2) Sports betting and Texas Hold'em category
Focusing on sports such as soccer, basketball and horse racing, as well as card games such as Texas Hold'em, it helps readers understand the logic of betting under "information asymmetry" from handicap analysis, odds thinking to psychological games.
3) Probability Theory, Game Theory and Decision Science
At first glance, these books do not seem to have anything to do with "gambling", but in fact, they fundamentally explain how to use mathematics and strategy to make more rational decisions when information is incomplete and the outcome is uncertain, which is the underlying logic of all gambling and investing behaviors.
4) Gambling and investment, trading category
A large number of books on Wall Street, futures, quantitative trading, and investment psychology essentially tell you that the market is a bigger table. How to avoid overconfidence, how to resist human weakness, how to design their own "betting system", these lessons are equally applicable to betting and investing.
5) Psychology, Behavioral Economics and Wealth Thinking
There are also books devoted to behavioral biases such as greed, fear, loss aversion, herd mentality, and the mindset of different rich people and entrepreneurs. Understanding these can help you understand: why the vast majority of people are at a long-term disadvantage in gambling and investing.
You can think of this book list as a "long-term learning route", do not have to read it all in one go, just pick a few books that are most useful to you at the right stage and digest them slowly.
Suggestions for selecting books for different types of readers
If you are new to betting and just want to read a couple of "starter books":
You can start with gambling books that are rich in stories and examples, such as books about real gamblers, casino legends, or practical experience sharing, and read the stories while recognizing the importance of odds, money management, and the ability to "afford to lose".
If you are not averse to math and want to learn a little bit of probability and game theory systematically:
You can pick a few books that talk about the introduction of probability theory and the basics of game theory, and get clear about the concepts of "expected value", "the law of large numbers", "sample bias" and so on. You will slowly realize that many seemingly mysterious "casino skills" can actually be dismantled using probabilistic thinking.
If you already have experience trading in the stock market, futures, cryptocurrencies:
You can focus on "gambling and investing books", "psychology of trading", "money management" books, and treat your trading behavior in the market as a more sophisticated "Long-term gambling". You will know better: why the same technology, but the results will be because of the mentality, leverage, position control and huge differences.
If you just want to improve "decision making and gaming skills":
Then instead of staring at the mechanics of a specific game, read a few books that talk about game theory, behavioral economics, and business cases in depth to learn how the best of the best make choices, negotiate, and lay out their options in the real world of incomplete information.
Whichever category you fall into, the more it's worth losing and thinking about the book a hundred times before placing your bets for real, the fewer bad decisions you'll have to lose in reality.
Responsible Gaming and Risk Alert
Special emphasis is needed:
No amount of reading of gambling books can change the fact that "gambling itself is a high-risk behavior". Any success story, magic strategy or long-term profit story mentioned in any book has its own specific background, financial strength, information conditions and personal talent, and can never be simply copied.
The purpose of Gaming Scout's compilation of these gambling books and gambling and investing related books is to help readers take a more sober view of risk from a mathematical, psychological and money management perspective, rather than encouraging you to throw your weight around in casinos or markets.
Whichever entertainment or investment option you choose, please observe the following principles:
Use only idle funds, no borrowing or overdrafts;
Set a budget and stop-loss line ahead of time, and stop firmly when you lose to the upper limit;
Don't think of any strategy or book as a "sure fire" formula;
As soon as you realize that your betting or investing behavior has affected your family, work or emotions, stop and consider seeking professional assistance.
A truly smart reader doesn't just learn how to "win more", but first learns how to "afford to lose" and "understand losing" before deciding how much risk he or she is willing to take.
Gaming Books Frequently Asked Questions FAQ
Question 1: Do these gaming books guarantee me a solid profit in the casino or investment market?
You can't. Any claim that "after reading this book, you're guaranteed to make money" is a gross misrepresentation of risk. Truly reliable gambling and investment books tend to devote a lot of space to risk management, mind control, and long-term expectations, rather than teaching you a simple formula to beat the world.
Question 2: Should I read Casino Skills first, or Probability and Game Theory first?
If you have no foundation at all, you can first read books with strong stories and many examples to get an overall impression of the gambling world; then pick a few books on probability, game theory and money management to understand the logic of profit and loss from the "first principles". It is easy to be confused by appearances when you focus only on the skills and ignore the mathematical foundation.
Question 3: Why are there so many books on this list that look like "investing" and "business success" books?
Because a lot of books that seem to talk about investing, trading or business gaming actually discuss "how to bet in an uncertain environment". The stock market, futures, business negotiations and casino tables are essentially a combination of information, probability and human nature. By understanding the mindset of these books, you will better understand the similarities and differences between gambling and investing, and thus set a clearer bottom line for yourself.
Question 4: I'm not going to actually gamble, I'm just interested in probability and game theory, are these books still necessary?
Of course there is. Betting and gambling itself is a mirror to human nature and understanding uncertainty. Many of the classic gambling books and books on gambling and investing can be used as vivid teaching materials for "probabilistic thinking, game theory, and behavioral economics". Even if you never go into a casino, you can learn valuable lessons about decision-making, risk and self-awareness.
