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The Theory Of Gambling And Statistical Logic
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Book Synopsis The Theory of Gambling and Statistical Logic, Revised Edition by : Richard A. Epstein
Download or read book The Theory of Gambling and Statistical Logic, Revised Edition written by Richard A. Epstein and published by Gulf Professional Publishing. This book was released on 2014-06-28 with total page 450 pages. Available in PDF, EPUB and Kindle. Book 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.
Book Synopsis The Theory of Gambling and Statistical Logic by : Richard A. Epstein
Download or read book The Theory of Gambling and Statistical Logic written by Richard A. Epstein and published by . This book was released on 1969 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theory of Gambling and Statistical Logic by : Richard A. Epstein
Download or read book The Theory of Gambling and Statistical Logic written by Richard A. Epstein and published by Academic Press. This book was released on 2009-09-28 with total page 457 pages. Available in PDF, EPUB and Kindle. Book 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. Comprehensive and exciting analysis of all major casino games and variants Covers a wide range of interesting topics not covered in other books on the subject Depth and breadth of its material is unique compared to other books of this nature Richard Epstein's website: www.gamblingtheory.net
Book Synopsis The Theory of Gambling and Statistical Logic by : Richard Arnold Epstein
Download or read book The Theory of Gambling and Statistical Logic written by Richard Arnold Epstein and published by . This book was released on 1967 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A work on gambling and its mathematical analysis that covers a range of games from penny matching to blackjack, from Tic-Tac-Toe to the stock market (including Edward Thorp's warrant-hedging analysis).
Book Synopsis Chance, Luck, and Statistics by : Horace C. Levinson
Download or read book Chance, Luck, and Statistics written by Horace C. Levinson and published by Courier Corporation. This book was released on 2001-01-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book 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.
Book Synopsis Luck, Logic, and White Lies by : Jörg Bewersdorff
Download or read book Luck, Logic, and White Lies written by Jörg Bewersdorff and published by CRC Press. This book was released on 2021-04-28 with total page 498 pages. Available in PDF, EPUB and Kindle. Book 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 1985. In the same year, he started his career as game developer and mathematician. He served as the general manager of the subsidiaries of Gauselmann AG for more than two decades where he developed electronic gaming machines, automatic payment machines, and coin-operated Internet terminals. Dr. Bewersdorff has authored several books on Galois theory (translated in English and Korean), mathematical statistics, and object-oriented programming with JavaScript.
Book Synopsis The Logical Foundations of Statistical Inference by : Henry E. Kyburg Jr.
Download or read book The Logical Foundations of Statistical Inference written by Henry E. Kyburg Jr. and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyone knows it is easy to lie with statistics. It is important then to be able to tell a statistical lie from a valid statistical inference. It is a relatively widely accepted commonplace that our scientific knowledge is not certain and incorrigible, but merely probable, subject to refinement, modifi cation, and even overthrow. The rankest beginner at a gambling table understands that his decisions must be based on mathematical ex pectations - that is, on utilities weighted by probabilities. It is widely held that the same principles apply almost all the time in the game of life. If we turn to philosophers, or to mathematical statisticians, or to probability theorists for criteria of validity in statistical inference, for the general principles that distinguish well grounded from ill grounded generalizations and laws, or for the interpretation of that probability we must, like the gambler, take as our guide in life, we find disagreement, confusion, and frustration. We might be prepared to find disagreements on a philosophical and theoretical level (although we do not find them in the case of deductive logic) but we do not expect, and we may be surprised to find, that these theoretical disagreements lead to differences in the conclusions that are regarded as 'acceptable' in the practice of science and public affairs, and in the conduct of business.
Book Synopsis Philosophical Theories of Probability by : Donald Gillies
Download or read book Philosophical Theories of Probability written by Donald Gillies and published by Routledge. This book was released on 2012-09-10 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Twentieth Century has seen a dramatic rise in the use of probability and statistics in almost all fields of research. This has stimulated many new philosophical ideas on probability. Philosophical Theories of Probability is the first book to present a clear, comprehensive and systematic account of these various theories and to explain how they relate to one another. Gillies also offers a distinctive version of the propensity theory of probability, and the intersubjective interpretation, which develops the subjective theory.
Book Synopsis Everyday Probability and Statistics by : M. M. Woolfson
Download or read book Everyday Probability and Statistics written by M. M. Woolfson and published by Imperial College Press. This book was released on 2008 with total page 234 pages. Available in PDF, EPUB and Kindle. Book 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.
Book Synopsis Understanding Uncertainty by : Dennis V. Lindley
Download or read book Understanding Uncertainty written by Dennis V. Lindley and published by John Wiley & Sons. This book was released on 2006-08-28 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively and informal introduction to the role of uncertainty and probability in people's lives from an everyday perspective From television game shows and gambling techniques to weather forecasting and the financial markets, virtually every aspect of modern life involves situations in which the outcomes are uncertain and of varying qualities. But as noted statistician Dennis Lindley writes in this distinctive text, "We want you to face up to uncertainty, not hide it away under false concepts, but to understand it and, moreover, to use the recent discoveries so that you can act in the face of uncertainty more sensibly than would have been possible without the skill." Accessibly written at an elementary level, this outstanding text examines uncertainty in various everyday situations and introduces readers to three rules--craftily laid out in the book--that prove uncertainty can be handled with as much confidence as ordinary logic. Combining a concept of utility with probability, the book insightfully demonstrates how uncertainty can be measured and used in everyday life, especially in decision-making and science. With a focus on understanding and using probability calculations, Understanding Uncertainty demystifies probability and: * Explains in straightforward detail the logic of uncertainty, its truths, and its falsehoods * Explores what has been learned in the twentieth century about uncertainty * Provides a logical, sensible method for acting in the face of uncertainty * Presents vignettes of great discoveries made in the twentieth century * Shows readers how to discern if another person--whether a lawyer, politician, scientist, or journalist--is talking sense, posing the right questions, or obtaining sound answers Requiring only a basic understanding of mathematical concepts and operations, Understanding Uncertainty is useful as a text for all students who have probability or statistics as part of their course, even at the most introductory level.
Book Synopsis The Mathematics of Gambling by : Edward Thorp
Download or read book The Mathematics of Gambling written by Edward Thorp and published by Lyle Stuart. This book was released on 1984 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Introduction to Probability and Inductive Logic by : Ian Hacking
Download or read book An Introduction to Probability and Inductive Logic written by Ian Hacking and published by Cambridge University Press. This book was released on 2001-07-02 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introductory 2001 textbook on probability and induction written by a foremost philosopher of science.
Download or read book Taking Chances written by John Haigh and published by Winning with Probability. This book was released on 2003 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What are the odds against winning the Lotto, The Weakest Link, or Who Wants to be a Millionaire? The answer lies in the science of probability, yet many of us are unaware of how this science works. Every day, people make judgements on a wide variety of situations where chance plays a role, including buying insurance, betting on horse-racing, following medical advice - even carrying an umbrella. In Taking Chances, John Haigh guides the reader round common pitfalls, demonstrates how to make better-informed decisions, and shows where the odds can be unexpectedly in your favour. This new edition has been fully updated, and includes information on top television shows, plus a new chapter on Probability for Lawyers."--BOOK JACKET.
Book Synopsis The Logic Of Sports Betting by : Matthew Davidow
Download or read book The Logic Of Sports Betting written by Matthew Davidow and published by . This book was released on 2019-05-17 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do sportsbooks make their lines? Which types of bets are the best? Can you beat the house? The Logic Of Sports Betting answers all these questions and more with a dash of humor and a whole lot of real talk about how it all works. Peek behind the counter and learn how sportsbooks operate. Combine that insider knowledge with why-didn't-I-think-of-that sports betting logic, and you have the winning formula. Ed Miller is a best-selling (over 300,000 copies sold) author of books on poker and gambling. This is his first book on sports betting, but maybe his favorite book to write so far. Matthew Davidow is a sports modeler, using proprietary methods to beat major sports betting markets for over 15 years, and co-founding two leading private sports analytics firms along the way. What people are saying about The Logic Of Sports Betting "Matt and Ed are two of the smartest minds in sports betting." - Rufus Peabody, professional sports bettor "As a sportsbook employee for 30-plus years, I find it difficult to read or watch anything about sports betting. But I could not put The Logic Of Sports Betting down. It's that good." - Robert Walker, Las Vegas bookmaker
Book Synopsis Ten Great Ideas about Chance by : Persi Diaconis
Download or read book Ten Great Ideas about Chance written by Persi Diaconis and published by Princeton University Press. This book was released on 2019-10-08 with total page 270 pages. Available in PDF, EPUB and Kindle. Book 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.
Book Synopsis The Biggest Bluff by : Maria Konnikova
Download or read book The Biggest Bluff written by Maria Konnikova and published by Penguin. This book was released on 2021-06-08 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times bestseller • A New York Times Notable Book “The tale of how Konnikova followed a story about poker players and wound up becoming a story herself will have you riveted, first as you learn about her big winnings, and then as she conveys the lessons she learned both about human nature and herself.” —The Washington Post It's true that Maria Konnikova had never actually played poker before and didn't even know the rules when she approached Erik Seidel, Poker Hall of Fame inductee and winner of tens of millions of dollars in earnings, and convinced him to be her mentor. But she knew her man: a famously thoughtful and broad-minded player, he was intrigued by her pitch that she wasn't interested in making money so much as learning about life. She had faced a stretch of personal bad luck, and her reflections on the role of chance had led her to a giant of game theory, who pointed her to poker as the ultimate master class in learning to distinguish between what can be controlled and what can't. And she certainly brought something to the table, including a Ph.D. in psychology and an acclaimed and growing body of work on human behavior and how to hack it. So Seidel was in, and soon she was down the rabbit hole with him, into the wild, fiercely competitive, overwhelmingly masculine world of high-stakes Texas Hold'em, their initial end point the following year's World Series of Poker. But then something extraordinary happened. Under Seidel's guidance, Konnikova did have many epiphanies about life that derived from her new pursuit, including how to better read, not just her opponents but far more importantly herself; how to identify what tilted her into an emotional state that got in the way of good decisions; and how to get to a place where she could accept luck for what it was, and what it wasn't. But she also began to win. And win. In a little over a year, she began making earnest money from tournaments, ultimately totaling hundreds of thousands of dollars. She won a major title, got a sponsor, and got used to being on television, and to headlines like "How one writer's book deal turned her into a professional poker player." She even learned to like Las Vegas. But in the end, Maria Konnikova is a writer and student of human behavior, and ultimately the point was to render her incredible journey into a container for its invaluable lessons. The biggest bluff of all, she learned, is that skill is enough. Bad cards will come our way, but keeping our focus on how we play them and not on the outcome will keep us moving through many a dark patch, until the luck once again breaks our way.
Book Synopsis Logical Foundations of Probability by : Rudolf Carnap
Download or read book Logical Foundations of Probability written by Rudolf Carnap and published by . This book was released on 1962 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
