The Theory of Gambling and Statistical Logic Book

The Theory of Gambling and Statistical Logic


  • Author : Richard A. Epstein
  • Publisher : Academic Press
  • Release Date : 2009-09-28
  • Genre: Games & Activities
  • Pages : 456
  • ISBN 10 : 0080958613

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The Theory of Gambling and Statistical Logic Excerpt :

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

The Theory of Gambling and Statistical Logic Book

The Theory of Gambling and Statistical Logic


  • Author : Richard A. Epstein
  • Publisher : Gulf Professional Publishing
  • Release Date : 1995
  • Genre: Mathematics
  • Pages : 450
  • ISBN 10 : 012240761X

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The Theory of Gambling and Statistical Logic Excerpt :

Looks at game theory and the statistical probabilities of a variety of games, including dice games, blackjack, contract bridge, and horse racing.

The Theory of Gambling and Statistical Logic  Revised Edition Book

The Theory of Gambling and Statistical Logic Revised Edition


  • Author : Richard A. Epstein
  • Publisher : Gulf Professional Publishing
  • Release Date : 2014-06-28
  • Genre: Mathematics
  • Pages : 450
  • ISBN 10 : 9780080571843

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The Theory of Gambling and Statistical Logic Revised Edition Excerpt :

[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.

Games  Gambling  and Probability Book

Games Gambling and Probability


  • Author : David G. Taylor
  • Publisher : CRC Press
  • Release Date : 2021-06-23
  • Genre: Mathematics
  • Pages : 516
  • ISBN 10 : 9781000400205

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Games Gambling and Probability Excerpt :

Many experiments have shown the human brain generally has very serious problems dealing with probability and chance. A greater understanding of probability can help develop the intuition necessary to approach risk with the ability to make more informed (and better) decisions. The first four chapters offer the standard content for an introductory probability course, albeit presented in a much different way and order. The chapters afterward include some discussion of different games, different "ideas" that relate to the law of large numbers, and many more mathematical topics not typically seen in such a book. The use of games is meant to make the book (and course) feel like fun! Since many of the early games discussed are casino games, the study of those games, along with an understanding of the material in later chapters, should remind you that gambling is a bad idea; you should think of placing bets in a casino as paying for entertainment. Winning can, obviously, be a fun reward, but should not ever be expected. Changes for the Second Edition: New chapter on Game Theory New chapter on Sports Mathematics The chapter on Blackjack, which was Chapter 4 in the first edition, appears later in the book. Reorganization has been done to improve the flow of topics and learning. New sections on Arkham Horror, Uno, and Scrabble have been added. Even more exercises were added! The goal for this textbook is to complement the inquiry-based learning movement. In my mind, concepts and ideas will stick with the reader more when they are motivated in an interesting way. Here, we use questions about various games (not just casino games) to motivate the mathematics, and I would say that the writing emphasizes a "just-in-time" mathematics approach. Topics are presented mathematically as questions about the games themselves are posed. Table of Contents Preface 1. Mathematics and Probability 2. Roulette and Craps: Expected Value 3. Counting: Poker Hands 4. More Dice: Counting and Combinati

Luck  Logic  and White Lies Book

Luck Logic and White Lies


  • Author : Jörg Bewersdorff
  • Publisher : CRC Press
  • Release Date : 2021-04-28
  • Genre: Mathematics
  • Pages : 568
  • ISBN 10 : 9781000372090

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Luck Logic and White Lies Excerpt :

Praise for the First Edition "Luck, Logic, and White Lies teaches readers of all backgrounds about the insight mathematical knowledge can bring and is highly recommended reading among avid game players, both to better understand the game itself and to improve one’s skills." – Midwest Book Review "The best book I've found for someone new to game math is Luck, Logic and White Lies by Jörg Bewersdorff. It introduces the reader to a vast mathematical literature, and does so in an enormously clear manner. . ." – Alfred Wallace, Musings, Ramblings, and Things Left Unsaid "The aim is to introduce the mathematics that will allow analysis of the problem or game. This is done in gentle stages, from chapter to chapter, so as to reach as broad an audience as possible . . . Anyone who likes games and has a taste for analytical thinking will enjoy this book." – Peter Fillmore, CMS Notes Luck, Logic, and White Lies: The Mathematics of Games, Second Edition considers a specific problem—generally a game or game fragment and introduces the related mathematical methods. It contains a section on the historical development of the theories of games of chance, and combinatorial and strategic games. This new edition features new and much refreshed chapters, including an all-new Part IV on the problem of how to measure skill in games. Readers are also introduced to new references and techniques developed since the previous edition. Features Provides a uniquely historical perspective on the mathematical underpinnings of a comprehensive list of games Suitable for a broad audience of differing mathematical levels. Anyone with a passion for games, game theory, and mathematics will enjoy this book, whether they be students, academics, or game enthusiasts Covers a wide selection of topics at a level that can be appreciated on a historical, recreational, and mathematical level. Jörg Bewersdorff (1958) studied mathematics from 1975 to 1982 at the University of Bonn and earned his PhD in

The Perfect Bet Book
Score: 4
From 1 Ratings

The Perfect Bet


  • Author : Adam Kucharski
  • Publisher : Basic Books
  • Release Date : 2016-02-23
  • Genre: Mathematics
  • Pages : 288
  • ISBN 10 : 9780465098590

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The Perfect Bet Excerpt :

"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 can seem unbeatable. Kucharski shows us just why it isn't. Even better, he demonstrates how the search for the perfect bet has been crucial for the scientific pursuit of a better world.

The Casino Gambler s Guide Book

The Casino Gambler s Guide


  • Author : Allan N. Wilson
  • Publisher : Unknown
  • Release Date : 1965
  • Genre: Gambling
  • Pages : 319
  • ISBN 10 : STANFORD:36105041724944

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The Casino Gambler s Guide Excerpt :

Ten Great Ideas about Chance Book

Ten Great Ideas about Chance


  • Author : Persi Diaconis
  • Publisher : Princeton University Press
  • Release Date : 2019-10-08
  • Genre: Mathematics
  • Pages : 272
  • ISBN 10 : 9780691196398

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Ten Great Ideas about Chance Excerpt :

In the sixteenth and seventeenth centuries, gamblers and mathematicians transformed the idea of chance from a mystery into the discipline of probability, setting the stage for a series of breakthroughs that enabled or transformed innumerable fields, from gambling, mathematics, statistics, economics, and finance to physics and computer science. This book tells the story of ten great ideas about chance and the thinkers who developed them, tracing the philosophical implications of these ideas as well as their mathematical impact.

Mathematics in Games  Sports  and Gambling Book

Mathematics in Games Sports and Gambling


  • Author : Ronald J. Gould
  • Publisher : CRC Press
  • Release Date : 2015-10-28
  • Genre: Mathematics
  • Pages : 354
  • ISBN 10 : 9781498719537

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Mathematics in Games Sports and Gambling Excerpt :

Mathematics in Games, Sports, and Gambling: The Games People Play, Second Edition demonstrates how discrete probability, statistics, and elementary discrete mathematics are used in games, sports, and gambling situations. With emphasis on mathematical thinking and problem solving, the text draws on numerous examples, questions, and problems to explain the application of mathematical theory to various real-life games. This updated edition of a widely adopted textbook considers a number of popular games and diversions that are mathematically based or can be studied from a mathematical perspective. Requiring only high school algebra, the book is suitable for use as a textbook in seminars, general education courses, or as a supplement in introductory probability courses. New in this Edition: Many new exercises, including basic skills exercises More answers in the back of the book Expanded summary exercises, including writing exercises More detailed examples, especially in the early chapters An expansion of the discrete adjustment technique for binomial approximation problems New sections on chessboard puzzles that encourage students to develop graph theory ideas New review material on relations and functions Exercises are included in each section to help students understand the various concepts. The text covers permutations in the two-deck matching game so derangements can be counted. It introduces graphs to find matches when looking at extensions of the five-card trick and studies lexicographic orderings and ideas of encoding for card tricks. The text also explores linear and weighted equations in the section on the NFL passer rating formula and presents graphing to show how data can be compared or displayed. For each topic, the author includes exercises based on real games and actual sports data.

Bernoulli s Fallacy Book
Score: 4
From 3 Ratings

Bernoulli s Fallacy


  • Author : Aubrey Clayton
  • Publisher : Columbia University Press
  • Release Date : 2021-08-03
  • Genre: Mathematics
  • Pages : null
  • ISBN 10 : 9780231553353

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Bernoulli s Fallacy Excerpt :

There is a logical flaw in the statistical methods used across experimental science. This fault is not a minor academic quibble: it underlies a reproducibility crisis now threatening entire disciplines. In an increasingly statistics-reliant society, this same deeply rooted error shapes decisions in medicine, law, and public policy with profound consequences. The foundation of the problem is a misunderstanding of probability and its role in making inferences from observations. Aubrey Clayton traces the history of how statistics went astray, beginning with the groundbreaking work of the seventeenth-century mathematician Jacob Bernoulli and winding through gambling, astronomy, and genetics. Clayton recounts the feuds among rival schools of statistics, exploring the surprisingly human problems that gave rise to the discipline and the all-too-human shortcomings that derailed it. He highlights how influential nineteenth- and twentieth-century figures developed a statistical methodology they claimed was purely objective in order to silence critics of their political agendas, including eugenics. Clayton provides a clear account of the mathematics and logic of probability, conveying complex concepts accessibly for readers interested in the statistical methods that frame our understanding of the world. He contends that we need to take a Bayesian approach—that is, to incorporate prior knowledge when reasoning with incomplete information—in order to resolve the crisis. Ranging across math, philosophy, and culture, Bernoulli’s Fallacy explains why something has gone wrong with how we use data—and how to fix it.

Understanding Probability Book

Understanding Probability


  • Author : Henk Tijms
  • Publisher : Cambridge University Press
  • Release Date : 2012-06-14
  • Genre: Mathematics
  • Pages : null
  • ISBN 10 : 9781139511070

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Understanding Probability Excerpt :

Understanding Probability is a unique and stimulating approach to a first course in probability. The first part of the book demystifies probability and uses many wonderful probability applications from everyday life to help the reader develop a feel for probabilities. The second part, covering a wide range of topics, teaches clearly and simply the basics of probability. This fully revised third edition has been packed with even more exercises and examples and it includes new sections on Bayesian inference, Markov chain Monte-Carlo simulation, hitting probabilities in random walks and Brownian motion, and a new chapter on continuous-time Markov chains with applications. Here you will find all the material taught in an introductory probability course. The first part of the book, with its easy-going style, can be read by anybody with a reasonable background in high school mathematics. The second part of the book requires a basic course in calculus.

Chance  Luck  and Statistics Book
Score: 4
From 1 Ratings

Chance Luck and Statistics


  • Author : Horace C. Levinson
  • Publisher : Courier Corporation
  • Release Date : 2001-01-01
  • Genre: Mathematics
  • Pages : 357
  • ISBN 10 : 0486419975

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Chance Luck and Statistics Excerpt :

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.

Everyday Probability and Statistics Book

Everyday Probability and Statistics


  • Author : M. M. Woolfson
  • Publisher : Imperial College Press
  • Release Date : 2008
  • Genre: Mathematics
  • Pages : 223
  • ISBN 10 : 9781848160330

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Everyday Probability and Statistics Excerpt :

Probability and statistics impinge on the life of the average person in a variety of ways OCo as is suggested by the title of this book. Very often, information is provided that is factually accurate but intended to present a biased view. This book presents the important results of probability and statistics without making heavy mathematical demands on the reader. It should enable an intelligent reader to properly assess statistical information and to understand that the same information can be presented in different ways.

The Mathematics of Gambling Book

The Mathematics of Gambling


  • Author : Edward Thorp
  • Publisher : Lyle Stuart
  • Release Date : 1984
  • Genre: Games
  • Pages : 161
  • ISBN 10 : 0897460197

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The Mathematics of Gambling Excerpt :

An Introduction to Probability and Inductive Logic Book
Score: 5
From 1 Ratings

An Introduction to Probability and Inductive Logic


  • Author : Ian Hacking
  • Publisher : Cambridge University Press
  • Release Date : 2001-07-02
  • Genre: Mathematics
  • Pages : 302
  • ISBN 10 : 0521775019

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An Introduction to Probability and Inductive Logic Excerpt :

An introductory 2001 textbook on probability and induction written by a foremost philosopher of science.