Probability Guide To Gambling
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Probability Guide To Gambling
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Author : Catalin Barboianu
language : en
Publisher: INFAROM Publishing
Release Date : 2006
Probability Guide To Gambling written by Catalin Barboianu and has been published by INFAROM Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Games & Activities categories.
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.
Chance
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Author : Amir D. Aczel
language : en
Publisher: High Stakes
Release Date : 2006-05-18
Chance written by Amir D. Aczel and has been published by High Stakes this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-05-18 with Chance categories.
Celebrated mathematician Amir D Aczel sets his sights on the probability theory - the branch of mathematics that measures the likelihood of a random event. What is commonly called 'luck' has mathematical roots - and in Aczel's capable hands readers learn to increase their odds of success in everything from true love to the stock market.
Understanding And Calculating The Odds
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Author : Catalin Barboianu
language : en
Publisher: INFAROM Publishing
Release Date : 2006
Understanding And Calculating The Odds written by Catalin Barboianu and has been published by INFAROM Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Gambling categories.
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)
Texas Hold Em Odds
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Author : Catalin Barboianu
language : en
Publisher:
Release Date : 2004-10-01
Texas Hold Em Odds written by Catalin Barboianu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-10-01 with Poker - manual categories.
Odds are part of any gambling strategy and Texas Hold'em Poker is highly predisposed to probability-based decisions. This book presents the mathematics involved in card distributions in Texas Hold'em and provides a precise account of the odds associated with all gaming events. The author is a recognized authority on casino mathematics. He is member of applied mathematics societies and has published numerous articles in leading academic, gaming industry and applied mathematics journals. He is also the author of "Probability Guide of Gambling." No formal background in mathematics is necessary for reading this book, although comfort with some probability and set theory notions is helpful. In most cases, you'll need some college math to follow the formulas here, but this is not a requirement, because the numerical results are collected in tables at the end of each section. The work is packed with formulas, algorithms and tables. Its' primary goal is to allow the reader to quickly find the odds for their hand and for their opponent's hand, in order to improve his/her betting decisions. Every type of card distribution is tabulated in a logical, consistent and comprehensive manner. The complete methodology and all the calculations are shown, so it teaches the player how to calculate probability for any situation for every stage of the game, even for other card games. You will find here the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. The book contains new and original material that has not been done previously and provides a full coverage of Hold'em odds: - Immediate odds (pre-flop odds, flop odds, turn odds, river odds, odds ofimproving specific hands). - Long-shot odds (odds of achieving specific card formations by river) for own hand, in after-flop and after-turn stages. - Long-shot odds for opponent's hand (odds for one and at least one of your opponents to achieve specific card formations by river), in after-flop, after-turn and after-river stages. - Other odds. Concrete examples of calculations and usage of tables are attached to each section. Also, a special chapter of examples is included for a good understanding of how to count and compare the odds for expected card formations and the odds of possible higher formations of opponents. Such information is a must for any Hold'em player - either beginner or advanced - and this book is a trusted and professional source.
Scarne S Guide To Casino Gambling
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Author : John Scarne
language : en
Publisher: Simon & Schuster
Release Date : 1978
Scarne S Guide To Casino Gambling written by John Scarne and has been published by Simon & Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Games & Activities categories.
The Casino Gambler S Guide
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Author : Allan N. Wilson
language : en
Publisher:
Release Date : 1965
The Casino Gambler S Guide written by Allan N. Wilson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Gambling categories.
The Theory Of Gambling And Statistical Logic
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Author : Richard A. Epstein
language : en
Publisher: Academic Press
Release Date : 2012-12-28
The Theory Of Gambling And Statistical Logic written by Richard A. Epstein and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-28 with Games categories.
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
The Gambling Times Guide To Winning Systems
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Author :
language : en
Publisher:
Release Date : 1984
The Gambling Times Guide To Winning Systems written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Games & Activities categories.
Mensa Guide To Casino Gambling
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Author : Andrew Brisman
language : en
Publisher: Sterling Publishing Company, Inc.
Release Date : 2004
Mensa Guide To Casino Gambling written by Andrew Brisman and has been published by Sterling Publishing Company, Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Games & Activities categories.
"The runaway winner as the best overall gambling encyclopedia written in the past 20 years.”--Detroit Free Press Walk away from every casino a winner! Take it from Mensa, the society for people with high IQs: you don’t have to be a genius to triumph at the tables. Here’s the inside line on the games and bets that give the best advantage. Do you know whether to split a pair of aces in blackjack, which slot machines carry the worst payback for the player, and why losses are more significant at video than "live” keno? Beat the bank by understanding all this and more, including odds and probability, the "house edge,” money management, and gambling psychology. The chips will just pile up. The author lives in New York, NY.
The Mathematics Of Slots
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Author : Catalin Barboianu
language : en
Publisher: INFAROM Publishing
Release Date : 2013
The Mathematics Of Slots written by Catalin Barboianu and has been published by INFAROM Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Games & Activities categories.
This eighth book of the author on gambling math presents in accessible terms the cold mathematics behind the sparkling slot machines, either physical or virtual. It contains all the mathematical facts grounding the configuration, functionality, outcome, and profits of the slot games. Therefore, it is not a so-called how-to-win book, but a complete, rigorous mathematical guide for the slot player and also for game producers, being unique in this respect. As it is primarily addressed to the slot player, its goal is to present practical applications of the mathematical models of slot games, in order to provide numerical results that a player can use as criteria for gaming decisions or just as information for any slot game and any predicted winning event. These results are focused on probability and expected value, these being the most important parameters for decisional criteria in slots. The book is packed with plenty of figures, tables, and formulas. The content is organized so that readers can skip the theoretical parts and go picking the practical results (numerical, in tables of values where possible, or ready-to-compute formulas) for the desired situation. The practical results are gathered in the last chapter, titled "Practical Applications and Numerical Results," the largest part of the book, for the most popular categories of slot machines, namely with 3, 5, 9, and 16 reels. Any other category of slot games is covered in the theoretical part of the book, where the general formulas apply not only to existing slot games, but also to possible future slot games of any design and configuration. The author does not just throw the slot mathematics to the audience and run away, but offers an ultimate practical contribution with the chapter "How to estimate the number of stops and the symbol distribution on a reel", a surprise for both players and producers, where one can see that mathematics provides players with some statistical methods as well as methods based on physical measurements for retrieving these missing data. Having these data along with the mathematical results of this book, anyone can generate the PAR sheet of any slot machine. In the last decade, mathematics has been taken more and more seriously into account in gaming, as being the essence that governs the games of chance and the only rigorous tool providing information on optimal play, where possible. For the popular game of slots, mathematics already fulfilled its duty by providing all the data that it can provide and that cannot be found on the display of the slot machines - it is all here in this book.