3 best books about poker that can help you in trading

August 28, 2018

3 best books about poker that can help you in tradingWhile there is no way to become an expert in either poker or trading overnight, one must start somewhere. Books are a great source of knowledge when it comes to understanding different strategies. While many traders might look for literature in the trading department, it might be smarter to look for inspiration elsewhere, namely in poker. Many books have been written about poker strategies. We have selected the best three that might help the readers become more skilled traders as well (based on ).

The Theory of Poker – David Sklansky

This 1994 classic is definitely a must-read when it comes to poker. David Sklansky has an impressive bibliography with credits to fourteen books on gambling and poker. He is not just an author, but has the track record to prove his understanding of the game as well. Sklansky has won three World Series of Poker bracelets as well as the Poker By The Book invitational event on the 2004 World Poker Tour. His total live tournament winnings exceed $1.35 million.

is arguably his best work. It is regarded as a required reading for anyone who is interested in game theory in general. The book contains 25 chapters and spans 276 pages, which should make for an easy reading during the weekend. The book is very well researched and touches upon many variations of the game including five-card draw, razz, hold’em lowball draw and many others.

Winning Low Limit Hold’em – Lee Jones

Lee Jones wrote ‘Winning’ in 1994 and since than it has been a favorite among the readers. It is preferred by beginners who want to get into Texas Hold’em, but is a great source for experienced players as well. To emphasize the power of the book here is a quote from Greg Raymer, the champion of 2004 World Series of Poker: “I wish this book had been out when I started playing hold’em, because it is a great way to learn the game. If you want to put yourself on the path to becoming a top hold’em player, Lee’s book is the place to start.” For readers who might be interested in online poker, the book has been updated to include chapters on that as well.

Every Hand Revealed – Gus Hansen

Gus Hansen is one of the most successful poker players of all time. His lifetime winnings exceed $11 million. Some of the titles he has won include a WSOP bracelet, three World Poker Tour open titles and 2007 Aussie Millions main event. In his book Hansen discusses his strategies in detail and analyzes more than 300 of hands he played during Aussie Millions. Being a player distinguished by his aggressive playing style, this book will give readers an insight that might not be available in other literature.