z2newton
z2newton
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August 31st, 2014 at 9:34:57 PM permalink
I was browsing on amazon for books on sports betting and came across a book called Trading Bases by Joe Peta. He's a hedge fund guy using risk analysis to get an edge. He started a sports betting hedge fund that returned 41%. In the summery it talks about getting a winning edge by subtracting luck and "luck clustering". Anyone heard of this or know anything about it? Sounds fishy to me but I'm no expert either.
onenickelmiracle
onenickelmiracle
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August 31st, 2014 at 9:51:28 PM permalink
Sounds like a smart guy who is even better at lying.
I am a robot.
Buzzard
Buzzard
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August 31st, 2014 at 11:20:00 PM permalink
Amazon review : Not a sports book, not a gambling book. The author has an ego out the roof. Couldn't stand to read it. Forced myself through a couple chapters and that was all I could take.

Of course if I could make an annual return of 41%, I'd write a book too. YEAH !
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
Dieter
Administrator
Dieter
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September 1st, 2014 at 12:05:45 AM permalink
Quote: z2newton

He started a sports betting hedge fund that returned 41%. In the summery it talks about getting a winning edge



I hear that one of the best ways to make money from gambling is to sell books describing sure-to-win betting systems.
May the cards fall in your favor.
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