Squares And Sharps Suckers And Sharks

Author : Joseph Buchdahl
Publisher : High Stakes
ISBN 13 : 9780857304841
Total Pages : 352 pages
Book Rating : 4.44/5 ( download)

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Download or read book Squares and Sharps, Suckers and Sharks written by Joseph Buchdahl and published by High Stakes. This book was released on 2021-05-20 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: People have been gambling, in one form or another, for as long as history itself. Why? Money, entertainment, escape and a desire to win are all traditional explanations. Arguably, however, these are secondary considerations to a higher order purpose: a craving for control. Gambling offers a means of gaining authority over the unknown, granting us a sense of control over uncertainty. Almost always that sense is illusory - gambling, including betting and investing, is essentially random - yet for many it is nonetheless profoundly rewarding. This book attempts to explore the reasons why. Along the way, it examines: The science of probability and uncertainty Why gambling is often condemned The difference between expectation and utility The irrationality of human beings Evolutionary perspectives on gambling Luck and skill Market efficiency and the wisdom of crowds Why winners take all Cheating Why the process matters more than the outcome

Author : Phil Watts
Publisher : Australian Academic Press
ISBN 13 : 1925644189
Total Pages : 107 pages
Book Rating : 4.80/5 ( download)

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Download or read book Casino Life written by Phil Watts and published by Australian Academic Press. This book was released on 2018-10-31 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: Walking through the doors of a casino can feel like entering a portal into another dimension. A cacophony of electronic and human sounds assaults the ears as you watch people transacting large amounts of money. But this is no ordinary purchasing of goods or services where you quietly wave a card or hand out notes from a purse. Instead, money is swapped for colourful plastic chips that are placed, pushed, and thrown onto gaming tables with seemingly reckless abandon by a wide array of people, young, old, cultured, relaxed, happy, and grim. Phil Watts, as an experienced forensic psychologist, knew a lot about human nature before he walked into his first casino at 40 years of age. He had treated clients with a wide range of difficulties including gambling, yet was still struck by the casino environment — an exciting world with its own culture, pace, rules, social etiquette, and shared expectations. This other world intrigued and surprised him. So, he wrote a book about it. Casino Life will be of interest to those who seeking to know more about casinos and their psychological effects, those who seek to find out why others gamble, and those who do gamble — not as a treatment, but as a window to see what you are doing and how that has an impact upon you. Along the way you will read about why people gamble, why gambling can become addictive and the treatments used to help problem gamblers, as well as the beliefs around gambling and some of the elaborate theories people use to explain why they try to defy mathematical odds. You will also learn about the fascinating cultural and behavioural patterns of everyday casino life.

Author : Joseph Buchdahl
Publisher : High Stakes
ISBN 13 : 9780857304858
Total Pages : 384 pages
Book Rating : 4.52/5 ( download)

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Download or read book Monte Carlo Or Bust written by Joseph Buchdahl and published by High Stakes. This book was released on 2022-02 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost everyone is familiar with Monte Carlo's association with gambling, and its famous Casino. Many may also have come across the Monte Carlo fallacy, so-called after the Casino's roulette wheel ball fell on black 26th times in a row, costing players, who believed that the law of averages made such streaks impossible, millions of dollars. However, the Casino also lends its name to a tool of statistical forecasting, the Monte Carlo simulation, used to model the probability of uncertain outcomes that cannot be easily predicted from mathematical equations. This book provides a detailed account for how aspiring sports bettors can use a Monte Carlo simulation to improve the quality, and hopefully profitability, of their betting, and in doing so unravels the mystery of probability and variance that lies at the heart of all gambling.

Author : Natasha Dow Schüll
Publisher : Princeton University Press
ISBN 13 : 0691160880
Total Pages : 456 pages
Book Rating : 4.87/5 ( download)

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Download or read book Addiction by Design written by Natasha Dow Schüll and published by Princeton University Press. This book was released on 2014-05-11 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent decades have seen a dramatic shift away from social forms of gambling played around roulette wheels and card tables to solitary gambling at electronic terminals. Slot machines, revamped by ever more compelling digital and video technology, have unseated traditional casino games as the gambling industry's revenue mainstay. Addiction by Design takes readers into the intriguing world of machine gambling, an increasingly popular and absorbing form of play that blurs the line between human and machine, compulsion and control, risk and reward. Drawing on fifteen years of field research in Las Vegas, anthropologist Natasha Dow Schüll shows how the mechanical rhythm of electronic gambling pulls players into a trancelike state they call the "machine zone," in which daily worries, social demands, and even bodily awareness fade away. Once in the zone, gambling addicts play not to win but simply to keep playing, for as long as possible--even at the cost of physical and economic exhaustion. In continuous machine play, gamblers seek to lose themselves while the gambling industry seeks profit. Schüll describes the strategic calculations behind game algorithms and machine ergonomics, casino architecture and "ambience management," player tracking and cash access systems--all designed to meet the market's desire for maximum "time on device." Her account moves from casino floors into gamblers' everyday lives, from gambling industry conventions and Gamblers Anonymous meetings to regulatory debates over whether addiction to gambling machines stems from the consumer, the product, or the interplay between the two. Addiction by Design is a compelling inquiry into the intensifying traffic between people and machines of chance, offering clues to some of the broader anxieties and predicaments of contemporary life. At stake in Schüll's account of the intensifying traffic between people and machines of chance is a blurring of the line between design and experience, profit and loss, control and compulsion.

Author : David Sumpter
Publisher : Bloomsbury Publishing
ISBN 13 : 1472924150
Total Pages : 288 pages
Book Rating : 4.55/5 ( download)

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Download or read book Soccermatics written by David Sumpter and published by Bloomsbury Publishing. This book was released on 2016-05-05 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Football looked at in a very different way' Pat Nevin, former Chelsea and Everton star and football media analyst Football – the most mathematical of sports. From shot statistics and league tables to the geometry of passing and managerial strategy, the modern game is filled with numbers, patterns and shapes. How do we make sense of them? The answer lies in the mathematical models applied in biology, physics and economics. Soccermatics brings football and mathematics together in a mind-bending synthesis, using numbers to help reveal the inner workings of the beautiful game. This new and expanded edition analyses the current big-name players and teams using mathematics, and meets the professionals working inside football who use numbers and statistics to boost performance. Welcome to the world of mathematical modelling, expressed brilliantly by David Sumpter through the prism of football. No matter who you follow – from your local non-league side to the big boys of the Premiership, La Liga, the Bundesliga, Serie A or the MLS – you'll be amazed at what mathematics has to teach us about the world's favourite sport.

Author : Joe Buchdahl
Publisher : Oldcastle Books
ISBN 13 : 1843440687
Total Pages : 521 pages
Book Rating : 4.80/5 ( download)

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Download or read book How to find a Black Cat in a Coal Cellar written by Joe Buchdahl and published by Oldcastle Books. This book was released on 2013-01-25 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do we know if we can beat the bookmaker? That's easy: just look at our bank balance. But how do we know if we've not just been lucky? More specifically, how do we know that someone who says he can do it, and who is selling his 'expertise', can keep doing it again and again, through talent, skill and hard work? This book examines the techniques available to answer that question, to identify those qualities and to help the punter find value for money in an industry that appears to be largely built on trust and the influence of chance; to uncover the truth about sports tipsters and ultimately how to find the best tipsters - the 'Black Cats'.

Author : Joseph Buchdahl
Publisher : No Exit Press
ISBN 13 : 9781843440192
Total Pages : 0 pages
Book Rating : 4.99/5 ( download)

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Download or read book Fixed Odds Sports Betting written by Joseph Buchdahl and published by No Exit Press. This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few people manage to make money from gambling, and fewer still make a living from it. Written for hardened and novice betters alike, Joseph Buchdahl's essential guide examines, through various numerical techniques, how fixed odds punters may learn to beat the bookmaker, protect profits through a sensible approach to risk management, and turn high-risk gambling into a form of low-risk investment.

Author :
Publisher : Elihu Feustel
ISBN 13 : 9781450723008
Total Pages : 280 pages
Book Rating : 4.04/5 ( download)

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Download or read book Conquering Risk written by and published by Elihu Feustel. This book was released on 2010 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Thomas William Lawson
Publisher :
ISBN 13 :
Total Pages : 594 pages
Book Rating : 4.79/5 ( download)

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Download or read book Frenzied Finance written by Thomas William Lawson and published by . This book was released on 1906 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Joe Peta
Publisher : Penguin
ISBN 13 : 0451415175
Total Pages : 386 pages
Book Rating : 4.72/5 ( download)

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Download or read book Trading Bases written by Joe Peta and published by Penguin. This book was released on 2014-03-04 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: An ex–Wall Street trader improved on Moneyball’s famed sabermetrics and beat the Vegas odds with his own betting methods. Here is the story of how Joe Peta turned fantasy baseball into a dream come true. Joe Peta turned his back on his Wall Street trading career to pursue an ingenious—and incredibly risky—dream. He would apply his risk-analysis skills to Major League Baseball, and treat the sport like the S&P 500. In Trading Bases, Peta takes us on his journey from the ballpark in San Francisco to the trading floors and baseball bars of New York and the sportsbooks of Las Vegas, telling the story of how he created a baseball “hedge fund” with an astounding 41 percent return in his first year. And he explains the unique methods he developed. Along the way, Peta provides insight into the Wall Street crisis he managed to escape: the fragility of the midnineties investment model; the disgraced former CEO of Lehman Brothers, who recruited Peta; and the high-adrenaline atmosphere where million-dollar sports-betting pools were common.