Probability Guide To Gambling


Probability Guide To Gambling
Author: Catalin Barboianu
Publisher: INFAROM Publishing
ISBN: 9738752035
Size: 32.64 MB
Format: PDF
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Probability Guide To Gambling

Probability Guide To Gambling by Catalin Barboianu, Probability Guide To Gambling Books available in PDF, EPUB, Mobi Format. Download Probability Guide To Gambling books, 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."


Probability Guide to Gambling
Language: en
Pages: 316
Authors: Catalin Barboianu
Categories: Games
Type: BOOK - Published: 2006 - Publisher: INFAROM Publishing
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
Mensa Guide to Casino Gambling
Language: en
Pages: 272
Authors: Andrew Brisman
Categories: Games & Activities
Type: BOOK - Published: 2004 - Publisher: Sterling Publishing Company, Inc.
“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
Understanding and Calculating the Odds
Language: en
Pages: 420
Authors: Catalin Barboianu
Categories: Games
Type: BOOK - Published: 2006 - Publisher: INFAROM Publishing
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
A Clinician's Guide to Working with Problem Gamblers
Language: en
Pages: 244
Authors: Henrietta Bowden-Jones, Sanju George
Categories: Psychology
Type: BOOK - Published: 2015-02-11 - Publisher: Routledge
Problem gambling is a recognised mental disorder and a significant public health issue internationally. A Clinician’s Guide to Working with Problem Gamblers introduces the reader to the concept of problem gambling as an illness, it describes the current gambling habits and explores the way problem gambling may present in an
The Woman's Guide to Gambling
Language: en
Pages: 181
Authors: John Scarne
Categories: Gambling
Type: BOOK - Published: 1967 - Publisher:
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The Britannica Guide to Statistics and Probability
Language: en
Pages: 288
Authors: Britannica Educational Publishing
Categories: Juvenile Nonfiction
Type: BOOK - Published: 2010-04-01 - Publisher: Britannica Educational Publishing
By observing patterns and repeated behaviors, mathematicians have devised calculations to significantly reduce human potential for error. This volume introduces the historical and mathematical basis of statistics and probability as well as their application to everyday situations. Readers will also meet the prominent thinkers who advanced the field and established
The which? guide to gambling
Language: en
Pages: 288
Authors: Jonquil Lowe, Terry Clark, Consumers' Association
Categories: Games
Type: BOOK - Published: 2003-07-31 - Publisher:
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The Mathematics of Slots
Language: en
Pages: 366
Authors: Catalin Barboianu
Categories: Mathematics
Type: BOOK - Published: 2013-01 - Publisher: INFAROM Publishing
Books about The Mathematics of Slots
American Mensa Guide to Casino Gambling
Language: en
Pages: 272
Authors: Andrew Brisman
Categories: Games & Activities
Type: BOOK - Published: 1999 - Publisher: Sterling Publishing Company Incorporated
A guide to the odds, probability, money mangement, and psychology of gambling explains how to win at blackjack, slots, video poker, craps, baccarat, roulette, keno, and poker
Essential Quantitative Methods
Language: en
Pages: 512
Authors: Les Oakshott
Categories: Business & Economics
Type: BOOK - Published: 2012-02-13 - Publisher: Macmillan International Higher Education
Quantitative techniques are fundamental to the correct interpretation of commercial reality, and can aid practical business decision making and problem solving. The fifth edition of Essential Quantitative Methods has been updated to suit the changing needs and environment of the contemporary student. It offers revised coverage of associated software, new