Monday, March 4, 2013

Book "The Mathematics of Games And Gambling

Edward Packel

This gambling book introduces some of the elementary mathematics needed for rational analysis of various gambling strategies.

Most of the standard casino games like blackjack, keno, roulette, some social games like poker, bridge, and backgammon, various other activities like horse racing and lotteries are treated in ways that bring out their best mathematical aspects.

The book includes quality reading on:
  •  sports betting and the mathematics 
  • the Nash equilibrium concept
  • game theory applied to bluffing in poker and Texas Holdem
  • web links to free casino games and to Java applets for practice
  • game-related exercises

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