On The Edge - The Art of Risking Everything

Nate Silver describes “his” people. He tries to describe the minds and philosophies of the professional gamblers, people who understand the odds underneath their bets and take calculated risks. He describes a mindset of 51%, or if someone can make bets and consistently be right 51% of the time or better, they will make money. He tries to distance this type of person from those that could be described as casual gamblers. If you aren’t aware of the odds, you’re not a professional. This book is a love letter to professional poker players, finance guys and girls, and anyone who knows how to beat the odds.