The Leading eBooks Store Online 4,416,707 members ⚫ 1,552,143 ebooks

New to eBooks.com?

Learn more

The Theory of Gambling and Statistical Logic

The Theory of Gambling and Statistical Logic by Richard A. Epstein
Buy this eBook
US$ 44.95
(If any tax is payable it will be calculated and shown at checkout.)

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

Elsevier Science; December 2012
465 pages; ISBN 9780123978707
Read online, or download in secure EPUB or secure PDF format
Title: The Theory of Gambling and Statistical Logic
Author: Richard A. Epstein
 
ISBNs
012397870X
9780123978578
9780123978707