The Theory of Gambling and Statistical Logic

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

Produk Detail:

  • Author : Richard A. Epstein
  • Publisher : Academic Press
  • Pages : 456 pages
  • ISBN : 9780080958613
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKThe Theory of Gambling and Statistical Logic

The Theory of Gambling and Statistical Logic

The Theory of Gambling and Statistical Logic
  • Author : Richard A. Epstein
  • Publisher : Academic Press
  • Release : 28 September 2009
GET THIS BOOKThe Theory of Gambling and Statistical Logic

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

The Theory of Gambling and Statistical Logic, Revised Edition

The Theory of Gambling and Statistical Logic, Revised Edition
  • Author : Richard A. Epstein
  • Publisher : Gulf Professional Publishing
  • Release : 28 June 2014
GET THIS BOOKThe Theory of Gambling and Statistical Logic, Revised Edition

[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

Probability Guide to Gambling

Probability Guide to Gambling
  • Author : Catalin Barboianu
  • Publisher : INFAROM Publishing
  • Release : 13 April 2021
GET THIS BOOKProbability Guide to Gambling

Over the past two decades, gamblers have begun taking mathematics into account more seriously than ever before. While probability theory is the only rigorous theory modeling the uncertainty, even though in idealized conditions, numerical probabilities are viewed not only as mere mathematical information, but also as a decision-making criterion, especially in gambling. This book presents the mathematics underlying the major games of chance and provides a precise account of the odds associated with all gaming events. It begins by explaining

The Doctrine of Chances

The Doctrine of Chances
  • Author : Stewart N. Ethier
  • Publisher : Springer Science & Business Media
  • Release : 19 May 2010
GET THIS BOOKThe Doctrine of Chances

Three centuries ago Montmort and De Moivre published two books on probability theory emphasizing its most important application at that time, games of chance. This book, on the probabilistic aspects of gambling, is a modern version of those classics.

Chance, Luck, and Statistics

Chance, Luck, and Statistics
  • Author : Horace C. Levinson
  • Publisher : Courier Corporation
  • Release : 01 January 2001
GET THIS BOOKChance, Luck, and Statistics

In simple, non-technical language, this volume explores the fundamentals governing chance and applies them to sports, government, and business. Topics includenbsp;the theory of probability in relation to superstitions, betting odds, warfare,nbsp;social problems, stocks, and other areas. "Clear and lively ...nbsp;remarkably accurate." —Scientific Monthly.

The Perfect Bet

The Perfect Bet
  • Author : Adam Kucharski
  • Publisher : Basic Books
  • Release : 23 February 2016
GET THIS BOOKThe Perfect Bet

"An elegant and amusing account" of how gambling has been reshaped by the application of science and revealed the truth behind a lucky bet (Wall Street Journal). For the past 500 years, gamblers-led by mathematicians and scientists-have been trying to figure out how to pull the rug out from under Lady Luck. In The Perfect Bet, mathematician and award-winning writer Adam Kucharski tells the astonishing story of how the experts have succeeded, revolutionizing mathematics and science in the process. The house

Introduction to Probability

Introduction to Probability
  • Author : Charles Miller Grinstead,James Laurie Snell
  • Publisher : American Mathematical Soc.
  • Release : 01 October 2012
GET THIS BOOKIntroduction to Probability

This text is designed for an introductory probability course at the university level for sophomores, juniors, and seniors in mathematics, physical and social sciences, engineering, and computer science. It presents a thorough treatment of ideas and techniques necessary for a firm understanding of the subject. The text is also recommended for use in discrete probability courses. The material is organized so that the discrete and continuous probability discussions are presented in a separate, but parallel, manner. This organization does not

Luck, Logic, and White Lies

Luck, Logic, and White Lies
  • Author : Jörg Bewersdorff
  • Publisher : CRC Press
  • Release : 10 December 2004
GET THIS BOOKLuck, Logic, and White Lies

This book considers a specific problem—generally a game or game fragment, and introduces the mathematical methods. It contains a section on the historical development of the theories of games of chance, and combinatorial and strategic games.

How Not to be Wrong

How Not to be Wrong
  • Author : Jordan Ellenberg
  • Publisher : Unknown Publisher
  • Release : 13 April 2021
GET THIS BOOKHow Not to be Wrong

The columnist for Slate's popular "Do the Math" celebrates the logical, illuminating nature of math in today's world, sharing in accessible language mathematical approaches that demystify complex and everyday problems.