Sharp Money by Dan Abrams

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