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Conquering Risk: Attacking Vegas and Wall Street

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Herman

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http://www.amazon.com/Conquering-Ri...=sr_1_1?ie=UTF8&s=books&qid=1280092836&sr=8-1

Elihu D. Feustel (Author), George S. Howard (Author)

Review
The authors present a lucid and comprehensive guide for developing a plan to succeed at sports gambling in an increasingly complex marketplace. Whether you're interested in becoming a winner at sports betting or simply fascinated by the role of risk in our society, 'Conquering Risk' is must reading. --Jeff Haney, Sports Columnist

Product Description
All manners of gambling are becoming increasingly popular in our society. Whether a person places a bet on sports or gambles on a stock, he is making a decision on risk. Most people need much more information than they have to make good decisions on either. A majority of the book focuses on sports betting. Four in-depth winning models are demonstrated for MLB, NFL, NCAA Football and WNBA. In addition to methods for handicapping these sports, there are explanations of a variety of approaches to exploit sports market inefficiencies and incorrect assumptions of bookmakers. The approaches to stock betting challenges commonly accepted knowledge. How important is diversification? Are investors in individual stocks just gambling? Is maximizing your portfolio growth worth taking on added volatility? Is sports betting a better investment than stocks for some people? The approaches offered to risk taking, especially sports betting are ground breaking, with more fresh ideas than ever seen in a single coherent publication.
 
interesting -

mr x, monkeyfocker, how much are you "concerned" that this book will affect your bottom line?

In reality, what are your thoughts?

Are you angry about the book? are you annoyed but not angry? do you not care? are you not sure? tell us
 
pally
interesting -

mr x, monkeyfocker, how much are you "concerned" that this book will affect your bottom line?

In reality, what are your thoughts?

Are you angry about the book? are you annoyed but not angry? do you not care? are you not sure? tell us
Click to expand...

I think the concept is entirely retarded. He says he hopes to gain "contacts" by releasing "profitable" models. He has yet to explain to me how, if these models are profitable, increased efficiency in those markets could possibly benefit him. The simple answer is: It can't. He's just another needy forum dope. He borrows conventions from others and pukes them back up to the public hoping to gain notoriety. It's pathetic more than anything.
 
MonkeyF0cker
I think the concept is entirely retarded. He says he hopes to gain "contacts" by releasing "profitable" models. He has yet to explain to me how, if these models are profitable, increased efficiency in those markets could possibly benefit him. The simple answer is: It can't. He's just another needy forum dope. He borrows conventions from others and pukes them back up to the public hoping to gain notoriety. It's pathetic more than anything.
Click to expand...

Pretty much my thoughts exactly.

I'd add to this that it's extra annoying because Elihu has, on a couple occasions, whined about the selfish actions of other bettors who were breaking the rules of the "implied collusion" in some small markets. So, he's going to cry about those guys but he's going to publish a book that can only hurt all players in the market with the only possible beneficiary being himself. And, his master plan is to benefit by other people bringing him work that he could have done himself.
 
Mrx, MF:

right, I'm not asking whether you think the book is good or bad for him and his bottom line, I'm asking how you feel about it in relation to YOUR bottom line:

Are you actually angry about the book? are you annoyed but not angry? do you not care? are you not sure?
 
pally
Mrx, MF:

right, I'm not asking whether you think the book is good or bad for him and his bottom line, I'm asking how you feel about it in relation to YOUR bottom line:

Are you actually angry about the book? are you annoyed but not angry? do you not care? are you not sure?
Click to expand...

If these models were profitable, he wouldn't be writing a book and he wouldn't be working for SBR. And if they are profitable and his book gets the attention that he's hoping for, they won't be for long. I'm not concerned by it. I really doubt it will have much success either way. I'm mildly annoyed, but I seriously doubt it effects much of anything.
 
I doubt it is as useful as J.R. Miller's book on modeling pictured here:
 

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Herman
http://www.amazon.com/Conquering-Ri...=sr_1_1?ie=UTF8&s=books&qid=1280092836&sr=8-1

Elihu D. Feustel (Author), George S. Howard (Author)

Review
The authors present a lucid and comprehensive guide for developing a plan to succeed at sports gambling in an increasingly complex marketplace. Whether you're interested in becoming a winner at sports betting or simply fascinated by the role of risk in our society, 'Conquering Risk' is must reading. --Jeff Haney, Sports Columnist

Product Description
All manners of gambling are becoming increasingly popular in our society. Whether a person places a bet on sports or gambles on a stock, he is making a decision on risk. Most people need much more information than they have to make good decisions on either. A majority of the book focuses on sports betting. Four in-depth winning models are demonstrated for MLB, NFL, NCAA Football and WNBA. In addition to methods for handicapping these sports, there are explanations of a variety of approaches to exploit sports market inefficiencies and incorrect assumptions of bookmakers. The approaches to stock betting challenges commonly accepted knowledge. How important is diversification? Are investors in individual stocks just gambling? Is maximizing your portfolio growth worth taking on added volatility? Is sports betting a better investment than stocks for some people? The approaches offered to risk taking, especially sports betting are ground breaking, with more fresh ideas than ever seen in a single coherent publication.
Click to expand...

is this statement true MF, Mr. X ????

why would he publish it if it was?
why give away the golden egg if your sitting on it?
 
mmike032
is this statement true MF, Mr. X ????

why would he publish it if it was?
why give away the golden egg if your sitting on it?
Click to expand...

Assuming that the author is behaving rationally, if the expected revenue from the book sales is greater than the loss in income from revealing any information to the public then the book is +EV (the loss of other people's income from information revealed of course has no bearing on this decision). However don't discount the fact he will gain non monetary utility from being thought of as a respected author, moreso if it the book results in being considered an expert in the area of sports betting - don't be surprised if this might be the primary goal of the book.
 
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