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Gambling Theory and Other Topics

Gambling Theory and Other Topics PDF Author: Mason Malmuth
Publisher: Two Plus Two Publishing LLC
ISBN: 9781880685037
Category : Games & Activities
Languages : en
Pages : 420

Book Description
Absolutely must reading for all serious gamblers. Most people who gamble are basically attracted by the action and the excitement that this form of entertainment offers. But a small number of people are quite successful at it. How is this so? What helps these few to make decisions that devastate their opponents? And what do you need to do to become successful at this extremely challenging occupation? This text attempts to answer these questions. You will be introduced to the dynamic concept of non-self-weighting strategies and shown how these strategies apply not only at the "very exciting gaming tables" but in real life as well. In addition, risk and fluctuations are discussed in terms of the standard deviation and their relationship to each other and to your bankroll. Some of the other topics addressed are bankroll requirements, win-rate accuracy, free bets, which blackjack count is best, lottery fallacies, dangerous ideas, poker tournament strategies (including when it is correct to rebuy), settling up in tournaments, pai gow poker, super pan nine, the world's greatest gamblers, and building pyramids.

Gambling Theory and Other Topics

Gambling Theory and Other Topics PDF Author: Mason Malmuth
Publisher: Two Plus Two Publishing LLC
ISBN: 9781880685037
Category : Games & Activities
Languages : en
Pages : 420

Book Description
Absolutely must reading for all serious gamblers. Most people who gamble are basically attracted by the action and the excitement that this form of entertainment offers. But a small number of people are quite successful at it. How is this so? What helps these few to make decisions that devastate their opponents? And what do you need to do to become successful at this extremely challenging occupation? This text attempts to answer these questions. You will be introduced to the dynamic concept of non-self-weighting strategies and shown how these strategies apply not only at the "very exciting gaming tables" but in real life as well. In addition, risk and fluctuations are discussed in terms of the standard deviation and their relationship to each other and to your bankroll. Some of the other topics addressed are bankroll requirements, win-rate accuracy, free bets, which blackjack count is best, lottery fallacies, dangerous ideas, poker tournament strategies (including when it is correct to rebuy), settling up in tournaments, pai gow poker, super pan nine, the world's greatest gamblers, and building pyramids.

The Theory of Gambling and Statistical Logic

The Theory of Gambling and Statistical Logic PDF Author: Richard A. Epstein
Publisher: Gulf Professional Publishing
ISBN: 9780122407611
Category : Business & Economics
Languages : en
Pages : 476

Book Description
Covering all aspects of gambling, The Theory of Gambling and Statistical Logic is mathematically sophisticated, but can be read for what it says about the games and strategies, skipping the technicalities. The material is fascinating and detailed, and the analysis is masterful.

Games, Gambling, and Probability

Games, Gambling, and Probability PDF Author: David G. Taylor
Publisher: CRC Press
ISBN: 1000400204
Category : Mathematics
Languages : en
Pages : 516

Book Description
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 Combinations, and Statistics 5. Game Theory: Poker Bluffing and Other Games 6. Probability/Stochastic Matrices: Board Game Movement 7. Sports Mathematics: Probability Meets Athletics 8. Blackjack: Previous Methods Revisited 9. A Mix of Other Games 10. Betting Systems: Can You Beat the System? 11. Potpourri: Assorted Adventures in Probability Appendices Tables Answers and Selected Solutions Bibliography Biography Dr. David G. Taylor is a professor of mathematics and an associate dean for academic affairs at Roanoke College in southwest Virginia. He attended Lebanon Valley College for his B.S. in computer science and mathematics and went to the University of Virginia for his Ph.D. While his graduate school focus was on studying infinite dimensional Lie algebras, he started studying the mathematics of various games in order to have a more undergraduate-friendly research agenda. Work done with two Roanoke College students, Heather Cook and Jonathan Marino, appears in this book! Currently he owns over 100 different board games and enjoys using probability in his decision-making while playing most of those games. In his spare time, he enjoys reading, cooking, coding, playing his board games, and spending time with his six-year-old dog Lilly.

Mathematics in Games, Sports, and Gambling

Mathematics in Games, Sports, and Gambling PDF Author: Ronald J. Gould
Publisher: CRC Press
ISBN: 1498719538
Category : Mathematics
Languages : en
Pages : 376

Book Description
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 expla

Gambling and Speculation

Gambling and Speculation PDF Author: Reuven Brenner
Publisher: Cambridge University Press
ISBN: 9780521381802
Category : Business & Economics
Languages : en
Pages : 302

Book Description
Gambling and Speculation takes the long, historic perspective of its controversial subject. The book offers not only a better understanding of the recent "gambling craze," but also a fundamental inquiry into human nature and the structure of societies. The Brenners argue that the negative image of gamblers and of speculators stems from prejudice, whose roots are in the distant, forgotten past. Legal scholars have frequently confused gambling with speculation and the anti-gambling laws were, at times, erroneously interpreted as implying the prohibitions of contracts in futures and insurance markets. One consequence of all this confusion was that during this century both in the United States and England, the legislation and law on betting and gambling became ambiguous. The authors touch on this issue and make policy recommendations: to abolish restrictions on the industry, diminish the states' role in selling lotteries, and, at the same time, make legal distinctions capable of helping the tiny percentage of players who might be "addicted." The Brenners' recommendations on gambling are based on their conclusion that gamblers are neither "mentally ill" nor "criminals" and that gambling does not lead its practitioners to poverty. Rather, it is the other way around: some of the poor and the frustrated gamble. Looking at gambling in this way leads to questions about the nature of society: What do the fortunate do for those who are not? What is society's obligation to people who fall behind in the game of life? Answers to these questions require a discussion on the principles of equality, capitalism, the role of religious influence on society, topics that the Brenners have discussed in their previous studies, and they do so here too, putting gambling within its proper, historical context.

Getting the Best of It

Getting the Best of It PDF Author: David Sklansky
Publisher: Two Plus Two Publishing LLC
ISBN: 9781880685044
Category : Games & Activities
Languages : en
Pages : 344

Book Description
Contains six sections discussing probability, poker, blackjack, other casino games, sports betting, and general gambling concepts. This book contains some of the most sophisticated gambling ideas that have ever been put into print. Included is perhaps the best discussion of the basic mathematics of gambling, yet it is written so that even the most non-mathematical of readers can understand it. Many of the ideas discussed are those that the author himself has successfully used during his career. Topics include expectation, combinations, Baye's Theorem, the eight mistakes in poker, checking in the dark, playing tight, The Key Card Concept, casinos and their mistakes, crapless craps, betting sports, hedging and middling, knowing what's important, the Law of Averages and Other Fallacies, and much more.

How to Make $100,000 a Year Gambling for a Living

How to Make $100,000 a Year Gambling for a Living PDF Author: David Sklansky
Publisher: Two Plus Two Publishing LLC
ISBN: 9781880685167
Category : Games & Activities
Languages : en
Pages : 338

Book Description
Is there really such a thing as a professional gambler? The answer is an unequivocal, "Yes!" This book's authors are but two examples. Many thousands of people around the country make a good living exclusively from gambling. It is not easy, but it can be done. The key is to understand which games are beatable and know how to beat them. David Sklansky and Mason Malmuth have spent many years writing about the finer points of poker, blackjack, and other beatable games. As you will see in the book, those other "games" are horses, sports, progressive slots and video poker, casino tournaments, and special promotions. They don't include craps, roulette, keno, or baccarat for reasons they'll explain. This book, was written for the not quite as experienced aspiring gambler. It shows you everything you need to learn and do if you want to gamble for a living from both the practical and the technical standpoints. The rest is up to you.

Harrington on Hold 'Em: the Workbook

Harrington on Hold 'Em: the Workbook PDF Author: Dan Harrington
Publisher: Two Plus Two Publishing LLC
ISBN: 1880685361
Category : Games & Activities
Languages : en
Pages : 215

Book Description
Provides poker strategies for every phase of tournament play, covering the early phase where the stakes are small to later tactics such as bluffing, flops, scare cards, playing shorthanded, loose games, and endgame play.

Poker, Gaming, & Life

Poker, Gaming, & Life PDF Author: David Sklansky
Publisher: Two Plus Two Publishing LLC
ISBN: 9781880685457
Category : Games & Activities
Languages : en
Pages : 348

Book Description
This volume is a collection of recent articles written by David Sklansky that have appeared in various publications including Card Player, Poker World and the Two Plus Two Poker Strategy Magazine. A few have never before appeared in print. Most of the articles are about poker or gambling. However, David has recently branched out into other areas that lend themselves to his unique style of analysis and some of these essays are contained in this book. From the original book, Poker and gaming topics include Being a Favorite, Are Great Players Born? Talent Versus Discipline, The Importance of Position, Never Go Broke, When Time is Not of the Essence, and Is Your Wallet Fat Enough? Life topics include What It Is that Makes an Issue Controversial, Coincidences, Some Thoughts on Dying, Legitimate Grievances, and Crime and Punishment. This expanded addition also contains 32 additional essays, many of which address no-limit hold 'em. Essays for the Expanded Edition include Pros Versu

Blackjack Essays

Blackjack Essays PDF Author: Mason Malmuth
Publisher: Two Plus Two Publishing LLC
ISBN: 9781880685051
Category : Games & Activities
Languages : en
Pages : 260

Book Description
Designed to aid the serious player beat the games in today's modern casino environment. The days when you could simply master a count and expect to be a winner are gone forever. As a result, winning at blackjack requires not only numerous skills, but also a lot of thinking about the game. Unlike most blackjack books, this text assumes that you already know how to count cards, and it introduces techniques that should be useful to the successful player. The topics covered are card domination (more commonly known as shuffle tracking), theoretical concepts, blackjack biases, current blackjack, mistaken ideas, supplemental strategies, playing in a casino, obsolete techniques, and front loading. In addition, advice is offered on gambler's ruin, the one-deck game, back counting, betting strategies, heads-up play, becoming a professional, casino preparation, first basing, and much more.