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