SportsInsights is pleased to review this newly-released book on sports betting, appropriately-named, “Smart Money,” by Michael Konik. Over time, SportsInsights will review other books that are useful to sports investors. SIs will also create a library of recommended books for our Members. We’ll include books on sports investing, sports, financial markets, and other topics of interest.
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Smart Money is a “fast read” and has some interesting “war stories” related to sports betting. The author had the opportunity to work with a sports syndicate for a period of time. We don’t want to give the book away — but suffice it to say: Konik got a good look at some of the inside workings of a syndicate. He tells an interesting story and does a great job of weaving in the thinking, problems, and issues that serious sports investors and syndicates need to consider.
Sports Betting Tidbits
Many books do not offer many new ideas or real value. Smart Money is different. The book includes some real insight and ideas that will help most sports investors in their quest to improve results. Some of these tidbits will be familiar to SportsInsights members. Other ideas will get your mind working and thinking about ways of improving. Here are some highlights:
Take a look at “Smart Money” by Michael Konik. It will be one of your better investments!
We do not guarantee that the trends and biases we’ve found will continue to exist. It is impossible to predict the future. Any serious academic research in the field of “market efficiencies” recognizes that inefficiencies may disappear over time. Once inefficiencies are discovered, it is only a matter of time before the market corrects itself.
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