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The Evolution of Sports Betting Books: 25 Years Later
Sports betting has changed more in the past 25 years than in the 100 before it. Online books, global menus, live betting , promos,...
bettoreddoc
6 days ago4 min read


Powerball Math Today: Is a $1.7 Billion Jackpot Worth the $2 Ticket?
When the Powerball jackpot climbs into the billions, the first question isn’t just “Should I buy a ticket?” —it’s “Is it actually worth...
bettoreddoc
Sep 43 min read


Bayes, Base Rates, and Bad Beats: Avoiding a Common Pitfall in Probability
The Base Rate Fallacy is a psychological trap that leads us to ignore general information (the base rate) in favor of specific details....
bettoreddoc
Oct 29, 20245 min read


Case Study: Spanky & Top-Down Betting
Gadoon "Spanky" Kyrollos is a well-known top-down bettor based in New Jersey who has built a reputation for using market data and a...
bettoreddoc
Sep 25, 20243 min read


Optimize Bet Sizes with the Kelly Criterion
The Kelly Criterion is a mathematical formula developed in 1956 by John L. Kelly Jr. It has since gained recognition for its use in...
bettoreddoc
Sep 25, 20244 min read


Top 5 Reason Beginners Lose (and How to Turn It Around)
Are you tired of losing money on sports bets and feeling like you're missing something? You’re not alone. Most beginners make the same...
bettoreddoc
Sep 25, 20245 min read


Beat the Books by Betting Futures
Futures betting is exactly what it sounds like—placing bets on events or outcomes that will happen in the future, usually at the end of a...
bettoreddoc
Sep 25, 20244 min read


How we do Define Value?
When you hear pros or semi-pro bettors talk about sports betting, you’ll hear expected value (EV) come up a lot. It’s for good reason,...
bettoreddoc
Sep 25, 20244 min read
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