Probability, Luck, Statistics

Operating on the theory that most people think of themselves as unable to deal with math, the author devotes the first half of his book to the most typical abuses of mathematics and the second part to the areas of everyday life (the media, gambling, politics, finance, advertising) where abuse is most rampant. 182 Pgs. 1993

Subtitled 'The Remarkable Story of Risk'. In this unique exploration of the role of risk in our society, Bernstein argues that the notion of bringing risk under control is one of the central idea that distinguishes modern times from the distant past. Against The Gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today. Indexed 383 Pgs. 1998 ...

A compilation of articles which appeared in Casino Sports magazine in the early 1980s. In addition, a selection of stuff from other sources - periodicals, personal correspondence, and a major gambling conference, have been incorporated into this publication. Sections discuss chances at winning at craps, how long we must wait for an improbable event to occur, the random walk, gambler's ruin, optimal wagers on simultaneous bets, and his craps system with an average win rate of 56%. Index 176...

This expanded edition about how we perceive and deal with luck in life and business includes up-to-date advances from behavioral, finance and cognitive science. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill, Taleb offers insights into one of the least understood factors in our lives. Written in an entertaining and narrative style, the book tackles three major intellectual issues: the problem of induction, the survivor ship biases, and our genetic...

Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, and The Bed of Procrustes. Now in a striking new hardcover edition, Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas...

Gambling expert Malmuth covers topics ranging from non-self weighting strategies; sequencing; inversely correlated poker games to theory in practice; fluctuations; money management; computing standard deviation; poker lotteries; betting and game theory. Also briefly discusses pai gow poker and super pan poker. 310 Pgs.1994

A reprint of a 1930 edition published by Joe Treybal, a St. Louis gambling supply manufacturer that was once regarded as one of the outstanding dice makers in the country. It was the first major effort to compile a list of the percentage advantage enjoyed by the operators of all banking house games. 64 Pgs. 1976

Probability theory, the basis of statistics and game theory, can be fun to learn. Multiple exercises throughout the text help you to learn and practice the ideas and methods explained in the book. A good tool for learning probability skills. 247 Pgs. 1973

Packed with practical tips and techniques for solving probability problems. Increase your chances of acing that probability exam -- or winning at the casino! Whether you're hitting the books for a probability or statistics course or hitting the tables at a casino, working out probabilities can be problematic. This book helps you even the odds. Using easy-to-understand explanations and examples, it demystifies probability -- and even offers savvy tips to boost your chances of gambling...

Why would a casino try to stop you from losing? How can a mathematical formula find your future spouse? In the past, one could get by on intuition and experience, but times have changed today the name of the game is data. Ayres shows how today's best and brightest organizations are analyzing massive databases at lightning speed to provide greater insights into human behavior. Indexed 260 Pgs. Hardcover, 2007

Subtitled "How a Band of Maverick Physicists Used Chaos Theory to Trade Their Way To a Fortune On Wall Street." Excerpted in The New Yorker and hailed by the business press, The Predictors is destined to become a classic of its generation--an antic, subversive odyssey into a universe defined by the mystical convergence of physics and finance. How could a couple of rumpled physicists in sandals and Eat-the-Rich T-shirts, piling computers into an adobe house in Santa Fe, hope to take on the...

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior. In it, John von Neumann and Oskar Morgenstern conceived a groundbreaking mathematical theory of economic and social organization, based on a theory of games of strategy. Not only would this revolutionize...