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An ex-Wall Street trader improved on Moneyballs 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 needed a new employer. He found a new job in New York City but lost that, too, when an ambulance mowed him down as he crossed the street on foot. 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. Thats 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 SP 500? In Trading Bases, Peta shows how to subtract luck--in particular cluster luck, as he puts it--from a teams statistics to best predict how it will perform in the next game and over the whole season.



About the Author

Joe Peta

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 to fruitlessly pursue an interview with Olympic Gold Medal winning swimmer Summer Sanders.

In 2011, while recovering from a massive leg injury which curtailed his trading career on Wall Street, Joe began writing Trading Bases, A Story About Wall Street, Gambling, and Baseball. The book will be published on March 7, 2013 by Dutton Books, a division of the Penguin Group (USA) .

Joe lives in San Francisco with his wife and two daughters, and while none of them really like baseball, the youngest one does enjoy saying "Marco Scutaro."



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