Ebook| How Sports Betting Really Works: Odds, Expected Value, and Why Parlays Are So Dangerous
Sports betting feels beatable. It feels like knowledge should matter. If you understand the teams, the players, and the matchups, it seems reasonable to believe you should have an edge.
This ebook explains why that feeling is so convincing — and why it’s wrong.
Rather than offering picks, strategies, or systems, How Sports Betting Really Works breaks down the structure beneath modern sports betting. It explains how odds are priced, where the house edge actually lives, how implied probability and expected value govern results, and why short-term success can be deeply misleading.
You’ll learn why being “right” doesn’t guarantee profit, why variance creates powerful illusions, and why parlays quietly multiply disadvantage while appearing efficient and smart. The book also explains why information, research, and trends feel useful even when they’re already priced into the odds.
This is a probability-first explanation of sports betting — not as entertainment, but as a pricing system.
No betting advice.
No systems.
No promises.
Just a clear explanation of how sports betting really works, why it feels beatable, and why the math always has the final say.
If you’ve ever wondered why results don’t line up with confidence, this book is for readers who want understanding instead of illusion — and clarity instead of folklore.
