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Understanding And Calculating The Odds
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Book Synopsis Understanding and Calculating the Odds by : Catalin Barboianu
Download or read book Understanding and Calculating the Odds written by Catalin Barboianu and published by INFAROM Publishing. This book was released on 2006 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents not only the mathematical concept of probability, but also its philosophical aspects, the relativity of probability and its applications and even the psychology of probability. All explanations are made in a comprehensible manner and are supported with suggestive examples from nature and daily life, and even with challenging math paradoxes. (Mathematics)
Book Synopsis Head First Statistics by : Dawn Griffiths
Download or read book Head First Statistics written by Dawn Griffiths and published by "O'Reilly Media, Inc.". This book was released on 2008-08-26 with total page 721 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction to statistics that teaches the fundamentals with real-life scenarios, and covers histograms, quartiles, probability, Bayes' theorem, predictions, approximations, random samples, and related topics.
Book Synopsis The Doctrine of Chances by : Abraham de Moivre
Download or read book The Doctrine of Chances written by Abraham de Moivre and published by . This book was released on 1756 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Knowing the Odds written by John B. Walsh and published by American Mathematical Society. This book was released on 2023-08-16 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Walsh, one of the great masters of the subject, has written a superb book on probability. It covers at a leisurely pace all the important topics that students need to know, and provides excellent examples. I regret his book was not available when I taught such a course myself, a few years ago. —Ioannis Karatzas, Columbia University In this wonderful book, John Walsh presents a panoramic view of Probability Theory, starting from basic facts on mean, median and mode, continuing with an excellent account of Markov chains and martingales, and culminating with Brownian motion. Throughout, the author's personal style is apparent; he manages to combine rigor with an emphasis on the key ideas so the reader never loses sight of the forest by being surrounded by too many trees. As noted in the preface, “To teach a course with pleasure, one should learn at the same time.” Indeed, almost all instructors will learn something new from the book (e.g. the potential-theoretic proof of Skorokhod embedding) and at the same time, it is attractive and approachable for students. —Yuval Peres, Microsoft With many examples in each section that enhance the presentation, this book is a welcome addition to the collection of books that serve the needs of advanced undergraduate as well as first year graduate students. The pace is leisurely which makes it more attractive as a text. —Srinivasa Varadhan, Courant Institute, New York This book covers in a leisurely manner all the standard material that one would want in a full year probability course with a slant towards applications in financial analysis at the graduate or senior undergraduate honors level. It contains a fair amount of measure theory and real analysis built in but it introduces sigma-fields, measure theory, and expectation in an especially elementary and intuitive way. A large variety of examples and exercises in each chapter enrich the presentation in the text.
Book Synopsis The Doctrine of Chances by : Abraham de Moivre
Download or read book The Doctrine of Chances written by Abraham de Moivre and published by . This book was released on 1718 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Introduction to Probability by : David F. Anderson
Download or read book Introduction to Probability written by David F. Anderson and published by Cambridge University Press. This book was released on 2017-11-02 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This classroom-tested textbook is an introduction to probability theory, with the right balance between mathematical precision, probabilistic intuition, and concrete applications. Introduction to Probability covers the material precisely, while avoiding excessive technical details. After introducing the basic vocabulary of randomness, including events, probabilities, and random variables, the text offers the reader a first glimpse of the major theorems of the subject: the law of large numbers and the central limit theorem. The important probability distributions are introduced organically as they arise from applications. The discrete and continuous sides of probability are treated together to emphasize their similarities. Intended for students with a calculus background, the text teaches not only the nuts and bolts of probability theory and how to solve specific problems, but also why the methods of solution work.
Book Synopsis Understanding Probability by : H. C. Tijms
Download or read book Understanding Probability written by H. C. Tijms and published by Cambridge University Press. This book was released on 2004-08-16 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like it or not, chance plays a big part in our lives. Every day we face situations where the result is uncertain, and, perhaps without realizing it, we guess about the likelihood of one outcome or another. Fortunately, mastering the concepts of probability can cast new light on situations where randomness and chance appear to rule. In this book, which uses lotteries and casino games to provide the many illustrative examples, the reader can learn about the world of probability. The author demystifies the law of large numbers, betting systems, random walks, the bootstrap, rare events, the central limit theorem, the Bayesian approach and more. Written with wit and clarity, this book can be read easily by anyone who is not put off by a few numbers and some high-school algebra. It is also ideally suited to students of all disciplines taking their first course in probability.
Download or read book POKER MATH written by Alex Trott and published by . This book was released on 2023-08-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poker is a card game that requires skill and strategy, and people have been playing it for hundreds of years. The application of mathematics is one of the most important aspects of winning at poker. It can make a major difference in a player's success at poker to have a firm grasp on the mathematical fundamentals of the game and the ability to put those fundamentals into practice in the midst of competition. In this section, we will discuss the significance of poker math in the game of poker and explore the various ways in which a strong understanding of the mathematical principles that underlie poker math can lead to improved decision-making and, ultimately, a greater number of wins. The term "poker math" refers to the application of several mathematical ideas and the theory of probability in order to make educated decisions while playing the game. Understanding the probabilities of winning a hand, calculating the odds of winning the pot, and calculating the expected value of a given move are the fundamentals of poker math. Players who are serious about taking their poker skills to the next level absolutely need to understand these ideas. Mastering the mathematical aspects of poker also enables players to boost their earnings, which is another significant advantage. Players are able to make more educated choices regarding when to bet, fold, or raise depending on the information they get from their knowledge of the probabilities of winning a hand. Players can boost their odds of winning more hands and, eventually, more money if they make these decisions with a thorough understanding of the underlying mathematical principles. A player who is proficient in poker math can also reduce the amount of money they lose to the game. Players are able to assess whether or not it is worthwhile to put additional money into a hand by estimating the odds of the pot. Players have the option to fold and reduce their losses if the odds of winning the pot are unfavorable to them. Poker players can avoid making costly mistakes that can have negative effects on their bankroll if they base their judgments on their knowledge of poker math and make those decisions consistently.
Book Synopsis The Probability of God by : Dr. Stephen D. Unwin
Download or read book The Probability of God written by Dr. Stephen D. Unwin and published by Forum Books. This book was released on 2004-10-26 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does God exist? This is probably the most debated question in the history of mankind. Scholars, scientists, and philosophers have spent their lifetimes trying to prove or disprove the existence of God, only to have their theories crucified by other scholars, scientists, and philosophers. Where the debate breaks down is in the ambiguities and colloquialisms of language. But, by using a universal, unambiguous language—namely, mathematics—can this question finally be answered definitively? That’s what Dr. Stephen Unwin attempts to do in this riveting, accessible, and witty book, The Probability of God. At its core, this groundbreaking book reveals how a math equation developed more than 200 years ago by noted European philosopher Thomas Bayes can be used to calculate the probability that God exists. The equation itself is much more complicated than a simple coin toss (heads, He’s up there running the show; tails, He’s not). Yet Dr. Unwin writes with a clarity that makes his mathematical proof easy for even the nonmathematician to understand and a verve that makes his book a delight to read. Leading you carefully through each step in his argument, he demonstrates in the end that God does indeed exist. Whether you’re a devout believer and agree with Dr. Unwin’s proof or are unsure about all things divine, you will find this provocative book enlightening and engaging. “One of the most innovative works [in the science and religion movement] is The Probability of God...An entertaining exercise in thinking.”—Michael Shermer, Scientific American “Unwin’s book [is] peppered with wry, self-deprecating humor that makes the scientific discussions more accessible...Spiritually inspiring.”--Chicago Sun Times “A pleasantly breezy account of some complicated matters well worth learning about.”--Philadelphia Inquirer “One of the best things about the book is its humor.”--Cleveland Plain Dealer “In a book that is surprisingly lighthearted and funny, Unwin manages to pack in a lot of facts about science and philosophy.”--Salt Lake Tribune
Book Synopsis Introduction to Probability by : Joseph K. Blitzstein
Download or read book Introduction to Probability written by Joseph K. Blitzstein and published by CRC Press. This book was released on 2014-07-24 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developed from celebrated Harvard statistics lectures, Introduction to Probability provides essential language and tools for understanding statistics, randomness, and uncertainty. The book explores a wide variety of applications and examples, ranging from coincidences and paradoxes to Google PageRank and Markov chain Monte Carlo (MCMC). Additional application areas explored include genetics, medicine, computer science, and information theory. The print book version includes a code that provides free access to an eBook version. The authors present the material in an accessible style and motivate concepts using real-world examples. Throughout, they use stories to uncover connections between the fundamental distributions in statistics and conditioning to reduce complicated problems to manageable pieces. The book includes many intuitive explanations, diagrams, and practice problems. Each chapter ends with a section showing how to perform relevant simulations and calculations in R, a free statistical software environment.
Download or read book Statistics Hacks written by Bruce Frey and published by "O'Reilly Media, Inc.". This book was released on 2006-05-09 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Want to calculate the probability that an event will happen? Be able to spot fake data? Prove beyond doubt whether one thing causes another? Or learn to be a better gambler? You can do that and much more with 75 practical and fun hacks packed into Statistics Hacks. These cool tips, tricks, and mind-boggling solutions from the world of statistics, measurement, and research methods will not only amaze and entertain you, but will give you an advantage in several real-world situations-including business. This book is ideal for anyone who likes puzzles, brainteasers, games, gambling, magic tricks, and those who want to apply math and science to everyday circumstances. Several hacks in the first chapter alone-such as the "central limit theorem,", which allows you to know everything by knowing just a little-serve as sound approaches for marketing and other business objectives. Using the tools of inferential statistics, you can understand the way probability works, discover relationships, predict events with uncanny accuracy, and even make a little money with a well-placed wager here and there. Statistics Hacks presents useful techniques from statistics, educational and psychological measurement, and experimental research to help you solve a variety of problems in business, games, and life. You'll learn how to: Play smart when you play Texas Hold 'Em, blackjack, roulette, dice games, or even the lottery Design your own winnable bar bets to make money and amaze your friends Predict the outcomes of baseball games, know when to "go for two" in football, and anticipate the winners of other sporting events with surprising accuracy Demystify amazing coincidences and distinguish the truly random from the only seemingly random--even keep your iPod's "random" shuffle honest Spot fraudulent data, detect plagiarism, and break codes How to isolate the effects of observation on the thing observed Whether you're a statistics enthusiast who does calculations in your sleep or a civilian who is entertained by clever solutions to interesting problems, Statistics Hacks has tools to give you an edge over the world's slim odds.
Book Synopsis Calculating Texas Hold'em Poker Odds Made Easy by : Steven C. Roe
Download or read book Calculating Texas Hold'em Poker Odds Made Easy written by Steven C. Roe and published by Steven Roe. This book was released on 2007-10 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Draw Poker Odds by : Catalin Barboianu
Download or read book Draw Poker Odds written by Catalin Barboianu and published by INFAROM Publishing. This book was released on 2007 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like any variation of poker, draw poker (or classical poker) is also predisposed to probability-based decisions. The author presents the mathematics involved in this card game, with respect to the usage of the numerical results in players' strategies. The whole presentation is focused on the practical aspect of the application of probability theory in draw poker and all the sections are such structured to allow the direct usage of the numerical results. This is why every section is packed with tables, some of them filling dozens of pages. This is not a math book, even if the supporting mathematics is present thorough, but a guide addressed to poker players, who can skip the math parts at any time and pick the needed results from tables. For those interested, the complete methodology, the way probability theory is applied and a part of the calculations are shown, so it teaches the player how to calculate odds for any situation for every stage of the game, even the numerical results are already listed in the book. Want to evaluate the probability of one opponent bluffing? Want to know the probability of at least one opponent holding a card formation higher than yours, at any moment of the game? Want to know the probability of hitting the desired formation if discarding in a certain way? All this information is in the book and is fully mathematically grounded. All probability results from this guide are obtained through compact mathematical formulas and not partial simulations on computer. These formulas are the outcome of one year of study, math work and tests. The author found the right probability model in which to apply the theory and conveniently quantify the card distributions inorder to work out the draw poker probability formulas. They were built with an enough large range of variables to cover all possible situations and were never worked out before. Their numerical returns were gathered in three main categories of odds presented in the book: - Initial probabilities of the first card distribution for your own hand; - Prediction probabilities after first card distribution and before the second for your own hand; - Prediction probabilities for opponents' hands. Every section ends with suggestive examples and there is also a special chapter with a lot of relevant gaming situations presented along with the odds of their associated events. Among author's previously published books on mathematics of gambling, Draw Poker Odds seems to be the most practical one and that is because the author presents the results of applied probability in a gambling-behavioral manner that can influence the balance between the subjective strategies and the real odds in player's favor.
Book Synopsis Ace High Calculations by : Jack Marshall
Download or read book Ace High Calculations written by Jack Marshall and published by . This book was released on 2023-12-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the poker world, where skill meets chance, the mastery of probability and odds is the ultimate ace up your sleeve. Welcome to "Ace High Calculations: Mastering Probability and Odds in Poker," your comprehensive guide to gaining a competitive edge at the card table. Poker is more than just a game of luck; it's a game of strategy, psychology, and mathematics. Understanding the underlying mathematics of poker is the key to consistently making the right decisions and winning more pots. Whether you're a beginner looking to enhance your poker skills or an experienced player seeking a deeper understanding of the numbers behind the cards, this eBook is designed to meet your needs. In these pages, we'll delve into the intricacies of probability and odds, breaking down complex concepts into easy-to-understand terms. You'll learn how to calculate your chances of making that winning hand, whether it's a flush, a straight, or even a royal flush. Discover the power of odds in decision-making, from pre- flop strategies to post-flop calculations. Uncover advanced techniques used by professional players and gain insights into reading your opponents through the lens of probability. Prepare to embark on a journey where knowledge transforms into an advantage. "Ace High Calculations" will equip you with the tools to elevate your poker game, making you a more formidable player at the table and giving you the confidence you need to make bold moves with calculated precision. Let's stack the odds in your favor and start mastering poker's mathematical secrets.
Book Synopsis The Drunkard's Walk by : Leonard Mlodinow
Download or read book The Drunkard's Walk written by Leonard Mlodinow and published by Vintage. This book was released on 2008-05-13 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: NATIONAL BESTSELLER • From the classroom to the courtroom and from financial markets to supermarkets, an intriguing and illuminating look at how randomness, chance, and probability affect our daily lives that will intrigue, awe, and inspire. “Mlodinow writes in a breezy style, interspersing probabilistic mind-benders with portraits of theorists.... The result is a readable crash course in randomness.” —The New York Times Book Review With the born storyteller's command of narrative and imaginative approach, Leonard Mlodinow vividly demonstrates how our lives are profoundly informed by chance and randomness and how everything from wine ratings and corporate success to school grades and political polls are less reliable than we believe. By showing us the true nature of chance and revealing the psychological illusions that cause us to misjudge the world around us, Mlodinow gives us the tools we need to make more informed decisions. From the classroom to the courtroom and from financial markets to supermarkets, Mlodinow's intriguing and illuminating look at how randomness, chance, and probability affect our daily lives will intrigue, awe, and inspire.
Book Synopsis The Doctrine of Chances, Or, A Method of Calculating the Probabilities of Events in Play by : Abraham de Moivre
Download or read book The Doctrine of Chances, Or, A Method of Calculating the Probabilities of Events in Play written by Abraham de Moivre and published by Irvington Publishers. This book was released on 1967 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
