Episode70--Lem Banker talks life and betting sports

Lem Banker's Book of Sports Betting has long been considered to be a classic in the field. After a long absence, it is now available in print again through the Gambler's Book Club in Las Vegas. Banker's recommendations are  worthwhile. Most interested sports bettors can learn from this legendary book. 

This book has been out of print for more than 15 years but it's so legendary that people have been willing to pay $50 or more for a copy of it . Now, it is available in reprint form. Banker, a veteran of more than 40 years in sports betting, was co-authored by Fred Klein. They broke the topics into eight major sections and focused on betting football, basketball, baseball and boxing. Banker discusses what it was like to be betting in the pre-computer days and how information was gathered, evaluated and bet on. He explains why a professional gambler cannot afford to be a fan. His insights on why it's important to know how to watch a game or event on television is crucial, as are his views on handicapping services, his reasoning for when to be early or late and his insight into fixed games. Certainly the art of handicapping and where to get a big bet down has changed in the past two decades, but reading Banker's book is both a how-to bet and a history lesson, a lot of it covering how to survive; how to manage your money and understanding how tough it is to sustain a winning percentage and make a living over the long run. A whole generation has missed this wonderful book. It's now available for the first time in years. You'll like it, because it imparts knowledge and it makes good sense, to learn from a very classy guy. 182 pages, plastic spiralbound, January 2004 (Reprint)