

E48 - Psychology of Betting
Apr 24, 2018
Joseph Buchdahl, a prominent author in sports betting psychology, discusses the role of chance versus skill in sports betting, the wisdom of the crowds, and the illusion of causation in betting. He also explores survivorship bias and verification in the betting industry, and offers advice for punters on research and due diligence.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Introduction to Joseph and Early Days in the Betting Industry
01:32 • 7min
The Role of Chance and Skill in Sports Betting
08:22 • 21min
Luck vs Skill in Sports and Sports Betting
29:17 • 6min
Multiple Banks in Betting and the Illusion of Causation
35:20 • 3min
Survivorship Bias and Verification in the Betting Industry
38:01 • 6min
Advice for Punters and the Challenges of Sports Betting
43:37 • 5min