Show Notes
Today our guest is Dan Abrams. He's on to talk about his new book, "Sharp Money". The book is about poker, sports betting, and investing.
Show Notes
[00:00] introduction of Dan Abrams, sports bettor, poker player, and author of Sharp Money [00:34] Dan’s start in poker [01:35] Studying Razz [05:58] Razz coaching and educational teaching videos [09:38] Poker players famously losing money betting sports [11:01] Rationale for over-betting your bankroll [15:49] Increasing expected growth vs increasing expected value [22:44] Hedging and arbitrage in financial markets [27:40] Root unit staking system [35:05] How do sports bettors know when they have an advantage? [36:46] Indications of edge in financial markets [39:42] Calculating edge ex-ante, bottom-up vs top-down betting [44:15] Will Dan play in the WSOP? [44:42] Sharp Money’s intended audience
Links: GamblingWithAnEdge.com x.com/DoctorRazzWSOP
Books Referenced: Sharp Money by Dan Abrams - https://amzn.to/4uyZTgX But How Much Did You Lose? by Dan Abrams - https://amzn.to/43ktdvw Sklanksy on Poker by David Sklanksy - https://amzn.to/4uYanpT
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