Trading Bases cover art

Trading Bases

A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)

 Preview
Try Premium Plus free
Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Unlimited access to our all-you-can-listen catalogue of 15K+ audiobooks and podcasts
Access exclusive sales and deals.
£8.99/month after 30 days. Renews automatically.

Trading Bases

By: Joe Peta
Narrated by: Fred Sanders
Try Premium Plus free

£8.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £12.99

Buy Now for £12.99

About this listen

 An ex–Wall Street trader improved on Moneyball’s famed sabermetrics to place bets that would beat the Vegas odds on Major League Baseball games—with a 41 percent return in his first year. Trading Bases explains how he did it.

After the fall of Lehman Brothers, Joe Peta was out of a job. He found a new one but lost that, too, when an ambulance mowed him down. In search of a way to cheer himself up while he recuperated in a wheelchair, Peta started watching baseball again, as he had growing up. That’s when inspiration hit: Why not apply his outstanding risk-analysis skills to improve on sabermetrics, the method made famous by Moneyball—and beat the only market in town, the Vegas betting line? Why not treat MLB like the S&P 500?

In Trading Bases, Peta shows how to subtract luck—in particular “cluster luck,” as he puts it—from a team’s statistics to best predict how it will perform in the next game and over the whole season. His baseball “hedge fund” returned an astounding 41 percent in 2011—and has never been down more than 5 percent. Peta takes listeners to the ballpark in San Francisco, trading floors and baseball bars in New York, and sports books in Vegas, all while tracing the progress of his wagers. Often humorous, occasionally touching, and with a wink toward the sheer implausibility of the whole project, Trading Bases is all about the love of critical reasoning, trading cultures, risk management, and baseball. And not necessarily in that order. Analysis & Strategy Baseball & Softball Business Investing & Trading Professionals & Academics Sports Investing Stock Wall Street Hedge Fund Game

Critic reviews

"You don’t have to be a baseball analyst or former stock trader to connect with Trading Bases...Trading Bases will help you to be that fan." - Dallas Morning News

"A funny and stimulating account of a former stock trader who applies his Wall Street philosophy and knowledge of baseball statistics to try to beat the betting line." - The Chicago Tribune

"His swaggering story, from frantic stock trader to professional sports bettor, is the basis of Trading Bases, an entertaining book about how to turn your passions into profits. Even casual baseball fans could learn from it. Serious fans should slurp it up like ballpark beer." - The Los Angeles Times
All stars
Most relevant
I enjoyed the book however a few parts were simply listing data and stats which became difficult to follow via audio

Interesting book however not audio friendly

Something went wrong. Please try again in a few minutes.
Peta is interested in quite a few interesting areas, and explores none of them in depth here. Publisher should have told him to pick one, or maybe an autobiography.

Unfocused

Something went wrong. Please try again in a few minutes.
Witty, informative and heart warming. Not just a dry statistical analysis but a blending of fact, good storytelling and nostalgia.
Highly recommended

The human element of the story

Something went wrong. Please try again in a few minutes.