Epstein The Theory Of Gambling And Statistical Logic

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.

Find many great new & used options and get the best deals for The Theory of Gambling and Statistical Logic by Richard A. Epstein (Trade Cloth, Revised edition) at the best online prices at eBay! Free shipping for many products! 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. 'Richard Epstein's classic text, The Theory of Gambling and Statistical Logic has defined the mathematics of gambling for an entire generation of researchers, statisticians, computer programmers, and serious students of the various games of chance we play. The theory of gambling and statistical logic Item Preview. The theory of gambling and statistical logic by Epstein, Richard A., 1927-Publication date 1967.

• 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

Epstein The Theory Of Gambling And Statistical Logic Definition

Richard Epstein's website: www.gamblingtheory.net