The Church of Betting

Beating the racetrack: How to build the perfect model

Hello and Happy New Year to everyone! You must have noticed my slow to non-existing pace of publishing articles on this blog recently. With the World Cup and the hot summer around, I must admit there were better things to do than writing for my blog. The start of the football season didn’t make things … Read moreBeating the racetrack: How to build the perfect model

“Thinking, Fast and Slow”: Lessons for Punters – Risk Aversion (Part 3)

Today I will continue the review of Daniel Kahneman’s “Thinking, Fast and Slow” with the third article of the series (the first two can be found here – 1, 2). After talking about overcoming overconfidence and understanding extreme events today I would like to address arguably the most important aspect of Kahneman’s work – namely … Read more“Thinking, Fast and Slow”: Lessons for Punters – Risk Aversion (Part 3)

“Thinking, Fast and Slow”: Lessons for Punters – Beating Overconfidence (Part 1)

Recently I have finished reading Daniel Kahneman’s bestseller “Thinking, Fast and Slow” – a book dealing with our common biases and thought flaws that we all as humans are guilty of. Overconfidence, risk-aversion, manipulative framing – you will find it all here. You have certainly come across the title already if you frequent some of … Read more“Thinking, Fast and Slow”: Lessons for Punters – Beating Overconfidence (Part 1)