Enjoy fast, free delivery, exclusive deals, and award-winning movies & TV shows with Prime
Try Prime
and start saving today with fast, free delivery
Amazon Prime includes:
Fast, FREE Delivery is available to Prime members. To join, select "Try Amazon Prime and start saving today with Fast, FREE Delivery" below the Add to Cart button.
Amazon Prime members enjoy:- Cardmembers earn 5% Back at Amazon.com with a Prime Credit Card.
- Unlimited Free Two-Day Delivery
- Streaming of thousands of movies and TV shows with limited ads on Prime Video.
- A Kindle book to borrow for free each month - with no due dates
- Listen to over 2 million songs and hundreds of playlists
- Unlimited photo storage with anywhere access
Important: Your credit card will NOT be charged when you start your free trial or if you cancel during the trial period. If you're happy with Amazon Prime, do nothing. At the end of the free trial, your membership will automatically upgrade to a monthly membership.
$17.00$17.00
Ships from: Amazon.com Sold by: Amazon.com
$10.97$10.97
Ships from: Amazon Sold by: Benjamins Bookshelf
1.27 mi | ASHBURN 20147
Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required.
Read instantly on your browser with Kindle for Web.
Using your mobile phone camera - scan the code below and download the Kindle app.
Audible sample Sample
Trading Bases: How a Wall Street Trader Made a Fortune Betting on Baseball Paperback – March 4, 2014
Purchase options and add-ons
Joe Peta turned his back on his Wall Street trading career to pursue an ingenious—and incredibly risky—dream. He would apply his risk-analysis skills to Major League Baseball, and treat the sport like the S&P 500.
In Trading Bases, Peta takes us on his journey from the ballpark in San Francisco to the trading floors and baseball bars of New York and the sportsbooks of Las Vegas, telling the story of how he created a baseball “hedge fund” with an astounding 41 percent return in his first year. And he explains the unique methods he developed.
Along the way, Peta provides insight into the Wall Street crisis he managed to escape: the fragility of the midnineties investment model; the disgraced former CEO of Lehman Brothers, who recruited Peta; and the high-adrenaline atmosphere where million-dollar sports-betting pools were common.
- Print length384 pages
- LanguageEnglish
- PublisherBerkley
- Publication dateMarch 4, 2014
- Dimensions6 x 0.8 x 8.96 inches
- ISBN-100451415175
- ISBN-13978-0451415172
The Amazon Book Review
Book recommendations, author interviews, editors' picks, and more. Read it now
Frequently bought together
Similar items that may ship from close to you
- The Logic Of Sports BettingPaperbackFREE Shipping on orders over $35 shipped by AmazonGet it as soon as Sunday, Jul 28
- Interception: The Secrets Of Modern Sports BettingPaperbackFREE Shipping on orders over $35 shipped by AmazonGet it as soon as Sunday, Jul 28
- Gambler: Secrets from a Life at RiskHardcoverFREE Shipping on orders over $35 shipped by AmazonGet it as soon as Sunday, Jul 28
- Mathletics: How Gamblers, Managers, and Fans Use Mathematics in Sports, Second EditionPaperbackFREE Shipping on orders over $35 shipped by AmazonGet it as soon as Sunday, Jul 28
- Sharper: A Guide to Modern Sports BettingPaperbackFREE Shipping on orders over $35 shipped by AmazonGet it as soon as Sunday, Jul 28
Editorial Reviews
Review
“[A] swaggering story from frantic stock trader to professional sports bettor....Even casual baseball fans could learn from it. Serious fans should slurp it up like ballpark beer.”—Los Angeles Times
“He reminds me of Nate Silver—he’s able to blend different worlds (in this case, baseball and finance) using his intense knowledge of each to give us a very entertaining read.”—Play-by-Play Announcer for the San Francisco Giants and ESPN National Sportscaster Dave Flemming
“Peta created a reliable system for beating Vegas odds throughout the 2011 Major League season…but it’s clear he loves the game as much as the winnings. Moreover, he asks a number of salient questions, such as: How can businesses on Wall Street and beyond apply thinking used by baseball sabermetricians to strengthen their own organizations? The answers, and how Peta arrived at them, make for great reading.”—Booklist
About the Author
Product details
- Publisher : Berkley; Reprint edition (March 4, 2014)
- Language : English
- Paperback : 384 pages
- ISBN-10 : 0451415175
- ISBN-13 : 978-0451415172
- Item Weight : 12.8 ounces
- Dimensions : 6 x 0.8 x 8.96 inches
- Best Sellers Rank: #505,062 in Books (See Top 100 in Books)
- #51 in Sports Gambling (Books)
- #780 in Stock Market Investing (Books)
- #986 in Baseball (Books)
- Customer Reviews:
About the author
Raised in West Chester, PA by a first generation Italian-American father who adopted baseball as a symbol of his love of America, Joe Peta quickly learned the joy of following the sport --- and the pain of being a 1970s-era Phillies fan. Undaunted, by the time he was a teenager, Joe felt certain that his heroes Mike Schmidt, Larry Bowa, Steve Carlton, et al would one day be his co-workers.
While his father instilled a love of baseball in him, sadly, Joe inherited his mother’s throwing arm, so by the time he was in college at Virginia Tech he turned his career ambitions toward the glamorous and fast-paced life of a Certified Public Accountant. His new heroes were men like Bill James and Warren Buffett and Joe parlayed his love of numbers into an MBA from Stanford University. Even in business school, sports were never far from his mind. At Stanford, Joe penned columns in The Stanford Daily and The Reporter that earned him a following in spite of constant references to Melrose Place, and his turning down the opportunity to interview campus golfer Tiger Woods.
His debut effort, Trading Bases, A Story About Wall Street, Gambling, and Baseball (Penguin Group) dropped in 2013 and topped best seller lists in both Baseball and Business categories. A Preview of the 2019 Masters published in 2019, contained a shockingly accurate preview of the event and was the #2 selling golf book of the year. Joe's latest effort, Moneyball for the Money Set will be released at the end of August, 2023.
Joe lives in San Francisco with his wife and two daughters, who would very much like his next book to either be about ballet or Taylor Swift.
Customer reviews
Customer Reviews, including Product Star Ratings help customers to learn more about the product and decide whether it is the right product for them.
To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. It also analyzed reviews to verify trustworthiness.
Learn more how customers reviews work on AmazonCustomers say
Customers find the book fairly well written, funny, and enjoyable. They also describe the stories as curious, fascinating, and offering a curious mixture of sports, betting, and finance. Opinions are mixed on the technical accuracy, with some finding it informative and creative, while others say it's too technical and has too many stats to follow.
AI-generated from the text of customer reviews
Customers are mixed about the technical accuracy of the book. Some find it informative, challenging, and excellent, while others say it's too technical and hard to follow.
"...This is readable, yet challenges one to grasp mathematical concepts and analysis that can serve as great brain teasers...." Read more
"...Not a crash course on Sabermetrics but some good introductory information (if you're not into Sabermetrics why are reading this book?)...." Read more
"...Unfortunately, no specific details about how he made his money are forthcoming. If you are considering buying the book for this reason, don't...." Read more
"...a handful of statistical analyses, but the author does a good job of explaining them and using real-world examples...." Read more
Customers find the book well-written, quick, and a can't miss for baseball fans.
"...culture references and analogies not related to numbers so that they read easily, even for those who are inclined to skip the tables scattered..." Read more
"...This is readable, yet challenges one to grasp mathematical concepts and analysis that can serve as great brain teasers...." Read more
"...Well written, a quick read, and a can't miss for any baseball/sports betting/stock market enthusiast!" Read more
"Interesting and well-written book...." Read more
Customers find the stories in the book enjoyable, fascinating, and curious. They also mention that the book offers a curious mixture of sports, betting, and finance.
"In a way Trading Bases is a fascinating read, offering a curious mixture of sports, betting and finance, with enough narrative to make you care..." Read more
"...The narrative drives the story while I learned so much about CLUSTER LUCK, logic, baseball, pop culture, trading and LIFE... And the beauty of this..." Read more
"...Overall Mr. Peta did a fantastic job telling his story and I think everyone will take something out of this book, especially a new way of thinking..." Read more
"Trading Bases was a fascinating story...." Read more
Customers find the humor in the book sweet, funny, and charming.
"...I won't reveal it here, but it's sweet, funny and charming and by the time I got to the middle of the book where the numbers-heavy passages..." Read more
"...Funny sweet anecdotes, and interesting "number crunching",..." Read more
"...I do, and enjoyed it a lot. Well written and surprisingly funny at times" Read more
"Excellent read. Great humor and valuable insight into probability theory and framework...." Read more
Customers find the writing style of the book irrelevant and boring. They also say it doesn't get to the point.
"...It is however a problematic text to recommend, for its main themes of sports and finance are quite different and don't often interest the same reader..." Read more
"...It gets really boring, and I skipped several whole pages to get back to the baseball." Read more
"Too much irrelevant verbiage for me. Does not get to the point. I am not interested in cute stories. Did not finish reading it. Wasted money for me." Read more
"...This book is boring and gets you confuse." Read more
-
Top reviews
Top reviews from the United States
There was a problem filtering reviews right now. Please try again later.
Before you ever get to a word about Wall Street, about gambling, or even baseball in Joe Peta's memoir, there is an 11 word dedication -- shorter than the average tweet -- that gives you a clue Trading Bases isn't your run-of-the-mill book about any of those topics. I won't reveal it here, but it's sweet, funny and charming and by the time I got to the middle of the book where the numbers-heavy passages subtlely morphed into unexpectedly charming storytelling, I realized, just like the "not necessarily in that order" subtitle, it provided a clue as to what was to come.
The chapters dealing with sabermetrics -- the science of baseball statistics Peta credits men like Bill James and Nate Silver with creating -- are fortunately filled with pop culture references and analogies not related to numbers so that they read easily, even for those who are inclined to skip the tables scattered across those early chapters. But once the foundation of those early chapters are set, they serve as a starting point for discussions on Lehman Brothers, the financial crisis, the similarities between Las Vegas bookmakers and Wall Street traders and, of course, being a baseball fan. It's the baseball discussions -- the experience of enjoying a game in a bar with friends, the oh-so-American tradition of having a catch with your dad, etc -- that are so moving I found myself reaching for tissues. Chapter 12 alone, which I won't spoil with details, earns this book 5 stars.
It won't surprise me if the gamblers and traders that share Joe's interests love this book. What might shock them is how much their wives and parents do too.
This is readable, yet challenges one to grasp mathematical concepts and analysis that can serve as great brain teasers.
Anyone can get better at whatever they are trying to do by this read.
If you are equally excited about trading floors as you are about baseball stadiums, however, then this is easily a five-star book.