Introduction to Probability with Texas Hold’em Examples PDF Download

Author: Frederic Paik Schoenberg
Publisher: CRC Press
ISBN: 1439827680
Category : Mathematics
Languages : en
Pages : 203

View

Book Description
Introduction to Probability with Texas Hold’em Examples illustrates both standard and advanced probability topics using the popular poker game of Texas Hold’em, rather than the typical balls in urns. The author uses students’ natural interest in poker to teach important concepts in probability. This classroom-tested book covers the main subjects of a standard undergraduate probability course, including basic probability rules, standard models for describing collections of data, and the laws of large numbers. It also discusses several more advanced topics, such as the ballot theorem, the arcsine law, and random walks, as well as some specialized poker issues, such as the quantification of luck and skill in Texas Hold’em. Homework problems are provided at the end of each chapter. The author includes examples of actual hands of Texas Hold’em from the World Series of Poker and other major tournaments and televised games. He also explains how to use R to simulate Texas Hold’em tournaments for student projects. R functions for running the tournaments are freely available from CRAN (in a package called holdem). See Professor Schoenberg discuss the book.

Author: Bill Chen
Publisher: Conjelco
ISBN: 9781886070257
Category : Games & Activities
Languages : en
Pages : 0

View

Book Description
For decades, the highest level of poker have been dominated by players who have learned the game by playing it, road gamblers' who have cultivated intuition for the game and are adept at reading other players' hands from betting patterns and physical tells. Over the last five to ten years, a whole new breed has risen to prominence within the poker community. Applying the tools of computer science and mathematics to poker and sharing the information across the Internet, these players have challenged many of the assumptions that underlay traditional approaches to the game.'

Author:
Publisher: FastPencil Inc
ISBN: 160746277X
Category : Business & Economics
Languages : en
Pages : 208

View

Book Description
Poker star Dusty Schmidt presents his first book [¬" one that stands to shake up poker in the same way Moneyball did for baseball. Schmidt offers an inspiring look at how in just five years, he went from not knowing a thing about poker to netting a seven-figure annual income. Far from a mathematical or technological genius, Schmidt says what guides him through is a fundamental understanding of business. Treat Your Poker Like A Business provides a foundation upon which all poker will be evaluated in the future, and will help an entire generation of poker players evolve their games into empires. A consummate "grinder," Dusty Schmidt has played nearly 7 million hands of online poker over more than 10,000 hours during his five-year career. He's won over $3 million during that period, and has never experienced a losing month. In 2007, he achieved Poker Stars' SuperNova Elite status in just eight months while playing high-stakes cash games exclusively. Schmidt posted the world's highest win rate in both 5/10 NL and 10/20 NL in both 2007 and 2008. In a four-month period between Nov. 2007 and Feb. 2008, Schmidt won in excess of $600,000 in high-stakes cash games. He is now a highly respected instructor at Stoxpoker.com, and plays as high as 25/50 NL. As a young man, Schmidt was a top-ranked golfer. He broke two of Tiger Woods' junior records, and was the leading money winner on the Golden States Tour when, at age 23, he suffered a career-ending heart attack. Schmidt returned to golf in 2009, winning medalist honors in qualifying for the Oregon Amateur Championship. Later that year, Schmidt famously represented himself in federal court in his suit against the United States Golf Association, which controversially stripped him of his amateur status, in part due to his poker profession. Schmidt is now a volunteer assistant coach for the University of Oregon's men's golf team, working under his good friend, Head Coach Casey Martin. Schmidt is also a successful entrepreneur. He is part-owner of Stoxpoker.com and Imagine Media, and the creator of 10thGreen.com, the first social network for golfers. His story has been featured in Sports Illustrated, Card Player, Poker News, Golf Magazine, Fairways and Greens, Golf Week, Golf World and the Portland Oregonian, as well as on ESPN, cnn.com, wallstreetjournal.com, forbes.com, fortune.com, espn.com, golfdigest.com and golf.com, among many others. He recently founded the House of Cards Project, a philanthropic effort to provide food and shelter to disadvantaged families. His life story will be told in the book [¬Raise: The Impossibly True Tale of Dusty Schmidt, [¬? to be released later in 2010. He lives in Portland, Ore., with his wife, Nicole, and daughter, Lennon.

Author: Abel Rodríguez
Publisher: John Wiley & Sons
ISBN: 1119302609
Category : Mathematics
Languages : en
Pages : 234

View

Book Description
INTRODUCES THE FUNDAMENTALS OF PROBABILITY, STATISTICS, DECISION THEORY, AND GAME THEORY, AND FEATURES INTERESTING EXAMPLES OF GAMES OF CHANCE AND STRATEGY TO MOTIVATE AND ILLUSTRATE ABSTRACT MATHEMATICAL CONCEPTS Covering both random and strategic games, Probability, Decisions and Games features a variety of gaming and gambling examples to build a better understanding of basic concepts of probability, statistics, decision theory, and game theory. The authors present fundamental concepts such as random variables, rational choice theory, mathematical expectation and variance, fair games, combinatorial calculus, conditional probability, Bayes Theorem, Bernoulli trials, zero-sum games and Nash equilibria, as well as their application in games such as Roulette, Craps, Lotto, Blackjack, Poker, Rock-Paper-Scissors, the Game of Chicken and Tic-Tac-Toe. Computer simulations, implemented using the popular R computing environment, are used to provide intuition on key concepts and verify complex calculations. The book starts by introducing simple concepts that are carefully motivated by the same historical examples that drove their original development of the field of probability, and then applies those concepts to popular contemporary games. The first two chapters of Probability, Decisions and Games: A Gentle Introduction using R feature an introductory discussion of probability and rational choice theory in finite and discrete spaces that builds upon the simple games discussed in the famous correspondence between Blaise Pascal and Pierre de Fermat. Subsequent chapters utilize popular casino games such as Roulette and Blackjack to expand on these concepts illustrate modern applications of these methodologies. Finally, the book concludes with discussions on game theory using a number of strategic games. This book: · Features introductory coverage of probability, statistics, decision theory and game theory, and has been class-tested at University of California, Santa Cruz for the past six years · Illustrates basic concepts in probability through interesting and fun examples using a number of popular casino games: roulette, lotto, craps, blackjack, and poker · Introduces key ideas in game theory using classic games such as Rock-Paper-Scissors, Chess, and Tic-Tac-Toe. · Features computer simulations using R throughout in order to illustrate complex concepts and help readers verify complex calculations · Contains exercises and approaches games and gambling at a level that is accessible for readers with minimal experience · Adopts a unique approach by motivating complex concepts using first simple games and then moving on to more complex, well-known games that illustrate how these concepts work together Probability, Decisions and Games: A Gentle Introduction using R is a unique and helpful textbook for undergraduate courses on statistical reasoning, introduction to probability, statistical literacy, and quantitative reasoning for students from a variety of disciplines. ABEL RODRÍGUEZ, PhD, is Professor in the Department of Applied Mathematics and Statistics at the University of California, Santa Cruz (UCSC), CA, USA. The author of 40 journal articles, his research interests include Bayesian nonparametric methods, machine learning, spatial temporal models, network models, and extreme value theory. BRUNO MENDES, PhD, is Lecturer in the Department of Applied Mathematics and Statistics at the University of California, Santa Cruz, CA, USA. BRUNO MENDES, PhD, is Lecturer in the Department of Applied Mathematics and Statistics at the University of California, Santa Cruz, CA, USA.INTRODUCES THE FUNDAMENTALS OF PROBABILITY, STATISTICS, DECISION THEORY, AND GAME THEORY, AND FEATURES INTERESTING EXAMPLES OF GAMES OF CHANCE AND STRATEGY TO MOTIVATE AND ILLUSTRATE ABSTRACT MATHEMATICAL CONCEPTS Covering both random and strategic games, Probability, Decisions and Games features a variety of gaming and gambling examples to build a better understanding of basic concepts of probability, statistics, decision theory, and game theory. The authors present fundamental concepts such as random variables, rational choice theory, mathematical expectation and variance, fair games, combinatorial calculus, conditional probability, Bayes Theorem, Bernoulli trials, zero-sum games and Nash equilibria, as well as their application in games such as Roulette, Craps, Lotto, Blackjack, Poker, Rock-Paper-Scissors, the Game of Chicken and Tic-Tac-Toe. Computer simulations, implemented using the popular R computing environment, are used to provide intuition on key concepts and verify complex calculations. The book starts by introducing simple concepts that are carefully motivated by the same historical examples that drove their original development of the field of probability, and then applies those concepts to popular contemporary games. The first two chapters of Probability, Decisions and Games: A Gentle Introduction using R feature an introductory discussion of probability and rational choice theory in finite and discrete spaces that builds upon the simple games discussed in the famous correspondence between Blaise Pascal and Pierre de Fermat. Subsequent chapters utilize popular casino games such as Roulette and Blackjack to expand on these concepts illustrate modern applications of these methodologies. Finally, the book concludes with discussions on game theory using a number of strategic games. This book: • Features introductory coverage of probability, statistics, decision theory and game theory, and has been class-tested at University of California, Santa Cruz for the past six years • Illustrates basic concepts in probability through interesting and fun examples using a number of popular casino games: roulette, lotto, craps, blackjack, and poker • Introduces key ideas in game theory using classic games such as Rock-Paper-Scissors, Chess, and Tic-Tac-Toe. • Features computer simulations using R throughout in order to illustrate complex concepts and help readers verify complex calculations • Contains exercises and approaches games and gambling at a level that is accessible for readers with minimal experience • Adopts a unique approach by motivating complex concepts using first simple games and then moving on to more complex, well-known games that illustrate how these concepts work together Probability, Decisions and Games: A Gentle Introduction using R is a unique and helpful textbook for undergraduate courses on statistical reasoning, introduction to probability, statistical literacy, and quantitative reasoning for students from a variety of disciplines. ABEL RODRÍGUEZ, PhD, is Professor in the Department of Applied Mathematics and Statistics at the University of California, Santa Cruz (UCSC), CA, USA. The author of 40 journal articles, his research interests include Bayesian nonparametric methods, machine learning, spatial temporal models, network models, and extreme value theory. BRUNO MENDES, PhD, is Lecturer in the Department of Applied Mathematics and Statistics at the University of California, Santa Cruz, CA, USA.

Author: Steve Bourie
Publisher:
ISBN: 9781883768140
Category : Games & Activities
Languages : en
Pages : 492

View

Book Description
Published annually since 1992, the 2005 edition of this bestselling guide continues to gain fame as the best available source for information on U.S. casinos. The new 2005 edition lists more than 650 casinos in 35 states and comes complete with maps of all states showing where the casinos are located, plus detailed maps of Las Vegas, Atlantic City, Reno and the Mississippi gambling resort towns of Biloxi and Tunica.

Author: David Sklansky
Publisher: Two Plus Two Publishing LLC
ISBN: 9781880685082
Category : Games & Activities
Languages : en
Pages : 132

View

Book Description
Is must reading for anyone planning to play hold 'em. It was the first definitive work on hold'em poker and was originally published in 1976. Yet it is still one of the best-selling poker books available, and in 1997 it was expanded and updated to account for today's modern double blind structure. The text is designed for someone relatively new to the game, but it still contains much sophisticated material which all players should find beneficial. It is probably best known for the Sklansky Hand Rankings, which made the game much simpler to quantify and understand. Some of the topics include how Texas hold'em is played, the importance of position, the first two cards, the key flops, strategy before the flop, semibluffing, the free card, slowplaying, check raising, heads-up on fifth street, and how to read hands.

Author: Rick Durrett
Publisher: Cambridge University Press
ISBN: 113949113X
Category : Mathematics
Languages : en
Pages :

View

Book Description
This classic introduction to probability theory for beginning graduate students covers laws of large numbers, central limit theorems, random walks, martingales, Markov chains, ergodic theorems, and Brownian motion. It is a comprehensive treatment concentrating on the results that are the most useful for applications. Its philosophy is that the best way to learn probability is to see it in action, so there are 200 examples and 450 problems. The fourth edition begins with a short chapter on measure theory to orient readers new to the subject.

Author: Catalin Barboianu
Publisher: INFAROM Publishing
ISBN: 9738752035
Category : Games & Activities
Languages : en
Pages : 340

View

Book Description
Over the past two decades, gamblers have begun taking mathematics into account more seriously than ever before. While probability theory is the only rigorous theory modeling the uncertainty, even though in idealized conditions, numerical probabilities are viewed not only as mere mathematical information, but also as a decision-making criterion, especially in gambling. This book presents the mathematics underlying the major games of chance and provides a precise account of the odds associated with all gaming events. It begins by explaining in simple terms the meaning of the concept of probability for the layman and goes on to become an enlightening journey through the mathematics of chance, randomness and risk. It then continues with the basics of discrete probability (definitions, properties, theorems and calculus formulas), combinatorics and counting arguments for those interested in the supporting mathematics. These mathematic sections may be skipped by readers who do not have a minimal background in mathematics; these readers can skip directly to the "Guide to Numerical Results" to pick the odds and recommendations they need for the desired gaming situation. Doing so is possible due to the organization of that chapter, in which the results are listed at the end of each section, mostly in the form of tables. The chapter titled "The Mathematics of Games of Chance" presents these games not only as a good application field for probability theory, but also in terms of human actions where probability-based strategies can be tried to achieve favorable results. Through suggestive examples, the reader can see what are the experiments, events and probability fields in games of chance and how probability calculus works there. The main portion of this work is a collection of probability results for each type of game. Each game's section is packed with formulas and tables. Each section also contains a description of the game, a classification of the gaming events and the applicable probability calculations. The primary goal of this work is to allow the reader to quickly find the odds for a specific gaming situation, in order to improve his or her betting/gaming decisions. Every type of gaming event is tabulated in a logical, consistent and comprehensive manner. The complete methodology and complete or partial calculations are shown to teach players how to calculate probability for any situation, for every stage of the game for any game. Here, readers can find the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. Collections of odds are presented, as well as strategic recommendations based on those odds, where necessary, for each type of gaming situation. The book contains much new and original material that has not been published previously and provides great coverage of probabilities for the following games of chance: Dice, Slots, Roulette, Baccarat, Blackjack, Texas Hold'em Poker, Lottery and Sport Bets. Most of games of chance are predisposed to probability-based decisions. This is why the approach is not an exclusively statistical one (like many other titles published on this subject), but analytical: every gaming event is taken as an individual applied probability problem to solve. A special chapter defines the probability-based strategy and mathematically shows why such strategy is theoretically optimal.

Author: Matthew Hilger
Publisher:
ISBN: 9780974150208
Category : Games & Activities
Languages : en
Pages : 306

View

Book Description
EXPANDED NEW EDITION A Complete Course in Playing Winning Limit Hold'em No Limit Hold'em has become the glamor game of poker. Yet today's savvy pros know that some of the best low-risk money-making opportunities exist in Limit Hold'em. This complete manual will show you how to consistently beat today's Limit Hold'em game, whether you play on the Internet or in live games. Revised, updated and expanded with over 100 pages of all-new material and over 250 sample hands to bring the lessons to life, this classic text shows you how to win again and again. Step-by-step and hand-by-hand, you will learn: - Which starting hands to play Pre-Flop - How to turn sound poker theory into winning play - Traps to set and minefields to avoid - How to play through the Flop, the Turn, and the River - The odds and probabilities every successful player must know - How and when to bluff and how to pick off habitual bluffers - ...and much more Plus detailed new chapters that include a complete strategy for conquering short-handed games and the keys to playing in multi-way pots. Poker is a fun game, but it is even more fun when you win. With poker professional Matthew Hilger's Internet Texas Hold 'em as your guide, you can master in hours what most players take a lifetime to discover.

Author: Sam Braids
Publisher: Chartley Publishing LLC
ISBN: 0967755174
Category : Games & Activities
Languages : en
Pages : 288

View

Book Description
This concise, comprehensive guide, on Texas Hold'em Poker is packed with tips and information that players need to know. For beginners, it explains the rules of Texas Hold'em, basic strategy, and how to play in a cardroom. More advanced players, benefit from statistical charts, vignettes from actual poker games, and detailed information on how the social and psychological aspects of the game determine strategy. Readers also learn the unique view that an expert chess player brings to analyzing poker, as author Sam Braids compares and contrasts the two games. As a special bonus, the book includes an analysis of online poker, instructions on how to use a computer to play Internet poker, and explains the strategic adjustments necessary to succeed online.