Gambling/investment risk taking has been around for millennia so it is nothing new that you have just discovered. So if you want to consider taking up gambling a bit more seriously, even professionally, then it is highly recommended to read up on your favourite games. Managing Directors, CEOs, Professors and anyone in a profession keep furthering their knowledge to improve their skills. There are some, not many, but some that are able to gamble professionally. Even if you do not consider taking it up as a profession, learning from the pros will certainly improve your chances. Betting on every horse or dog race during a day for example is a quick way to ruin as the odds just are hugely stacked against you. Remember that over an extended period, you just can't beat the odds. There is short term luck but in the end the odds will get you. Gambling professionally or with large stakes takes a lot of discipline, dedication and willingness to keep on learning.

Our recommended books are written by renowned professionals in their chosen form of gambling. As in many of the other articles on this site, we keep reiterating that over time, you CAN NOT beat the odds. So it is surprising that many if not most of the amateur poker players, for example, does not have a clue about pot odds or implied odds when making their playing decisions. So if you enjoy poker and you can take the time to learn about pot odds, over time you will clean out the ones that do not make their decisions using pot odds or implied odds but instead rely on gut instincts or lady luck.

Enjoy learning and become a better player/investor!

If you can't find the books here, use the Amazon search function below to find the book you are looking for (search for author, subject).