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The Theory of Gambling and Statistical Logic, Revised Edition

Author: Richard A. Epstein

Publisher: Gulf Professional Publishing

ISBN:

Category: Mathematics

Page: 450

View: 376

[Man] invented a concept that has since been variously viewed as a vice, a crime, a business, a pleasure, a type of magic, a disease, a folly, a weakness, a form of sexual substitution, an expression of the human instinct. He invented gambling. Richard Epstein's classic book on gambling and its mathematical analysis covers the full range of games from penny matching, to blackjack and other casino games, to the stock market (including Black-Scholes analysis). He even considers what light statistical inference can shed on the study of paranormal phenomena. Epstein is witty and insightful, a pleasure to dip into and read and rewarding to study.

The Theory of Gambling and Statistical Logic

Author: Richard A. Epstein

Publisher: Academic Press

ISBN:

Category: Games & Activities

Page: 456

View: 272

Early in his rise to enlightenment, man invented a concept that has since been variously viewed as a vice, a crime, a business, a pleasure, a type of magic, a disease, a folly, a weakness, a form of sexual substitution, an expression of the human instinct. He invented gambling. Recent advances in the field, particularly Parrondo's paradox, have triggered a surge of interest in the statistical and mathematical theory behind gambling. This interest was acknowledge in the motion picture, "21," inspired by the true story of the MIT students who mastered the art of card counting to reap millions from the Vegas casinos. Richard Epstein's classic book on gambling and its mathematical analysis covers the full range of games from penny matching to blackjack, from Tic-Tac-Toe to the stock market (including Edward Thorp's warrant-hedging analysis). He even considers whether statistical inference can shed light on the study of paranormal phenomena. Epstein is witty and insightful, a pleasure to dip into and read and rewarding to study. The book is written at a fairly sophisticated mathematical level; this is not "Gambling for Dummies" or "How To Beat The Odds Without Really Trying." A background in upper-level undergraduate mathematics is helpful for understanding this work. o Comprehensive and exciting analysis of all major casino games and variants o Covers a wide range of interesting topics not covered in other books on the subject o Depth and breadth of its material is unique compared to other books of this nature Richard Epstein's website: www.gamblingtheory.net

Basic Gambling Mathematics

The Numbers Behind The Neon

Author: Mark Bollman

Publisher: CRC Press

ISBN:

Category: Mathematics

Page: 284

View: 254

Understand the Math Underlying Some of Your Favorite Gambling Games Basic Gambling Mathematics: The Numbers Behind the Neon explains the mathematics involved in analyzing games of chance, including casino games, horse racing, and lotteries. The book helps readers understand the mathematical reasons why some gambling games are better for the player than others. It is also suitable as a textbook for an introductory course on probability. Along with discussing the mathematics of well-known casino games, the author examines game variations that have been proposed or used in actual casinos. Numerous examples illustrate the mathematical ideas in a range of casino games while end-of-chapter exercises go beyond routine calculations to give readers hands-on experience with casino-related computations. The book begins with a brief historical introduction and mathematical preliminaries before developing the essential results and applications of elementary probability, including the important idea of mathematical expectation. The author then addresses probability questions arising from a variety of games, including roulette, craps, baccarat, blackjack, Caribbean stud poker, Royal Roulette, and sic bo. The final chapter explores the mathematics behind "get rich quick" schemes, such as the martingale and the Iron Cross, and shows how simple mathematics uncovers the flaws in these systems.

Current Index to Statistics, Applications, Methods and Theory

Author:

Publisher:

ISBN:

Category: Mathematical statistics

Page:

View: 144

Bulletin - Institute of Mathematical Statistics

Author:

Publisher:

ISBN:

Category: Mathematical statistics

Page:

View: 347

Quantitive Trading and Money Management: Revised Edition

Author: Fred Gehm

Publisher: McGraw-Hill

ISBN:

Category: Business & Economics

Page: 340

View: 153

Provides the tools a trader needs to know to best utilize his trading capital. This book explains how to use mathematical techniques to calculate risk/reward possibilities, optimal trading size, profit objectives and stop loss points. It contains topics that looks at avoiding catastrophic losses, and the importance of diversification.

JASA

Author:

Publisher:

ISBN:

Category: Statistics

Page:

View: 526

Pierre-Simon Laplace Philosophical Essay on Probabilities

Translated from the fifth French edition of 1825 With Notes by the Translator

Author: Pierre-Simon Laplace

Publisher: Springer Science & Business Media

ISBN:

Category: Mathematics

Page: 270

View: 707

Pierre-Simon Laplace (1749-1827) is remembered amoung probabilitists today particularly for his "Theorie analytique des probabilites", published in 1812. This is a thorough and modern translation based on the recent re-issue, with its voluminous notes, of the fifth edition of 1826, with preface by Rene Thom and postscript by Bernard Bru. In the second part of the book, the reader is provided with an extensive commentary by the translator including valuable histographical and mathematical remarks and various proofs.

Blackjack, a winner's handbook

Author: Jerry L. Patterson

Publisher: Perigee Trade

ISBN:

Category: Games

Page: 208

View: 100

التفكير اللماح عن طرفة عين

Author: مالكولم غلادويل

Publisher: ناشرون الدار العربية للعلوم

ISBN:

Category: Decision-making

Page: 232

View: 399

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