3 Best Books About Crypto and Gambling

Updated October 6, 2023
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Cryptocurrency has become increasingly popular in recent years for a number of reasons.

  1. It offers a high degree of anonymity and security. Transactions made using cryptocurrency are incredibly difficult to trace, making it an appealing option for those looking to protect their privacy.
  2. Cryptocurrency is not subject to the same regulations as traditional currencies, which makes it attractive to investors seeking to avoid government intervention.
  3. Cryptocurrency is highly volatile, which means that it can potentially provide a high return on investment.

There are a number of reasons why online gambling has become so popular in recent years.

  • Players can access their favourite casino games from any location with an internet connection, meaning they can play at any time of day or night.
  • Online casinos offer hundreds or even thousands of different titles, catering to all tastes and preferences. While at a land-based casino, space limitations mean that only a limited selection of games is available.
  • Additionally, online gambling sites often offer generous bonuses and promotions, which can further increase your chances of winning.

With so many benefits on offer, it’s no wonder that online gambling has become so popular in recent years.

Crypto

Cryptocurrency is a digital currency that uses cryptography for security. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Cryptocurrency is also considered by many to be a form of alternative currency and some even view it as an advance on gold due to its ability to be transported securely and privately. Some forms of cryptocurrency use decentralized control as opposed to centralized electronic money/centralized banking systems.

Cryptocurrency is a hot topic these days, and there are a number of great books that can help you learn more about this exciting new technology.

Cryptocurrency for Dummies by Tiana Laurence

For beginners, we recommend “Cryptocurrency for Dummies” by Tiana Laurence. This book provides a clear and concise introduction to the world of cryptocurrency, and it includes helpful information on how to buy, store, and trade digital currencies.

Mastering Bitcoin by Andreas Antonopoulos

If you’re looking for a more in-depth guide, I suggest “Mastering Bitcoin” by Andreas Antonopoulos. This book covers everything from the basics of blockchain technology to advanced topics like smart contracts.

The Book of Satoshi by Phil Champagne

And for those who want to get really deep into the weeds, I recommend “The Book of Satoshi” by Phil Champagne. This book offers a detailed chronicle of the development of Bitcoin, from its earliest days as an anonymous payment system to its current status as a global financial network.

No matter what your level of expertise, there’s a book out there that can help you learn more about cryptocurrency.

Gambling

It does not matter whether you want to know more about the games of chance you like, master skills to win at a no deposit Australian casino, or enjoy reading, gambling books will be perfect in both cases.

There are a lot of great gambling books out there that can teach you a thing or two about the game you like or want to know more about.

Our team of gambling experts has created a list of the top-rated books about gambling you can buy and read in the paper or electronic versions.

Bringing Down The House

Crypto Books

Written by Ben Mezrich — a modern American author and screenwriter, the book tells us the story of a blackjack and poker crew and a student of Massachusetts Institute — Kevin Lewis — who tries to steal a massive sum of money from one of Las Vegas casinos.

Interesting fact: the book is based on actual events.

In “Bringing Down the House”, Ben Mezrich chronicles this crew’s incredible success at gambling. But it’s not just a story about winning; it’s also about how the team used their skills to take on some of the biggest casinos in Las Vegas.

The book is full of fascinating stories about the team’s exploits, including how they managed to win millions of dollars from casinos all over the world. If you’re a fan of gambling or casino games, then this is definitely a book you’ll want to check out.

Fortune’s Formula

Fortune Formula eBook

Fortune’s Formula by William Poundstone is a bestselling gambling book published in 2005.

It tells the story of two mathematicians (Claude Shannon and John L. Kelly Jr.) who discovered a scientific formula to become rich. When Shannon and the mathematician Edward O took this formula to Vegas, they immediately understood it was working! They also realized it is possible to make even more money in the stock market.

“Fortune’s formula” is about how the Kelly formula works and highlights the controversies even after it helps make fortunes at land-based casinos, racetracks, and trading desks. The book also reveals the downsides of the formula.

As you see, the book covers topics related to gambling, including the history of gambling, the mathematics of gambling, and the psychology of gambling.

Thinking in Bets

Thinking in Bets Book

Annie Duke is a professional poker player and author of “Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts”. In her book, Annie applies these same principles to life, business, and investing.

If you want to become a successful gambler and make the “right” decisions, you need to learn to think in bets. That means understanding the odds of each bet and making sure that your expected return is greater than the house edge. It also means being willing to accept small losses in pursuit of a bigger win.

Duke argues that we all make decisions based on incomplete information. The key is to understand the odds of each situation and make the best decision possible given the available information.

For example, when you’re deciding whether to take a new job, you can’t know for sure if it will be a good fit. But you can look at the available information and make an informed decision.

The same principles apply to investing. When you’re considering an investment, you can’t know for sure if it will be successful. But you can look at the risk/reward profile and make a decision based on your assessment of the situation.

In gambling and life, there is no such thing as a sure thing. But by thinking in bets, we can stack the odds in our favor and make better decisions.

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