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mit
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Joined: February 5th, 2005, 4:52 pm

Books on gambling

April 24th, 2005, 7:08 pm

any good reads on the topics of gambling?? gambliing probability and stuff
Last edited by mit on April 23rd, 2005, 10:00 pm, edited 1 time in total.
 
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bskilton81
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Books on gambling

April 26th, 2005, 3:42 pm

The classic on blackjack is Beat the Dealer by Ed Thorpe. I must admit I have never read it.
 
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WilmottBookshop
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Books on gambling

April 26th, 2005, 3:47 pm

Beat the Dealer is available from the Wilmott Bookshop.
 
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JamesH83
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Joined: June 25th, 2003, 11:38 pm

Books on gambling

April 26th, 2005, 9:37 pm

ohh I have a lot of these books.....An easy read which I really enjoyed is called "Calculated Bets" (CUP)If you want something a bit more "textbook", I also value "Gambling and Statistical Logic" as an inhabitant of my bookshelf.
 
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JamesH83
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Joined: June 25th, 2003, 11:38 pm

Books on gambling

April 26th, 2005, 9:37 pm

what kind of gambling are you interested in?
 
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WilmottBookshop
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Books on gambling

April 27th, 2005, 6:42 am

- Calculated Bets is available through the Wilmott Bookshop.
 
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mit
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Books on gambling

April 28th, 2005, 5:23 am

bookstore, do u hv The Mathematics of Gambling and The Mathematics of Games and Gambling ?
 
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WilmottBookshop
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Books on gambling

April 28th, 2005, 7:19 am

We do have The Mathematics of Games and Gambling by Packel, but not the other title. If you have the name of the author I could find out more about the book and add it to the site.Laura
 
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Benchy
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Books on gambling

April 29th, 2005, 7:56 pm

Hi,I can suggest you the kelly article (Kelly criterion, Wilmott March 2005). The entropy approach is quite interesting and is applied again. That's hte starting point og gambling theory.You could strat with theory of games (Nash, etc.) too
 
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acastaldo
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Books on gambling

May 1st, 2005, 1:44 am

Books by David Sklansky may interest you. "Getting the best of it" is the only one I read. I enjoyed the initial chapters 'mathematics of gambling' and 'general gambling concepts', but I lost interest in later chapters on poker that were above my level of understanding of the game.
 
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Socrates
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Books on gambling

May 22nd, 2005, 7:56 pm

A few books:"How To Gamble If You Must" Dubbins and Savage (classic on subfair gambling)"The Science of Winning" Fabricand (not much maths. but an interesting angle)"An Introduction To Probability Theory and Its Applications" Feller contains the orientation and analysis for several gambling problemsSome articles mostly available on the web:- start at www.bjmath.com for downloadable pdf files with classic 'featured articles' ranging from Kelly's original paper to Thorpe's "The Kelly Criterion in Blackjack, Sports Betting and The Stock Market" (better than "Beat The Dealer" which is more of a general description of method rather than the maths.) - "Bound's On Gambler's Ruin Probabilities In Terms of Moments" Ethier/Khosnevisan (new, recent solution)- "Optimal Control of Favourable Games with a Time Limit" Kulldorff (the complement to Dubbins and Savage for superfair games)- "Reaching Goals by a Deadline" Sid Browne (for those who can't wait long enough for Kelly to work!)Hope that helps.
 
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WilmottBookshop
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Books on gambling

May 23rd, 2005, 9:40 am

- How to Gamble If You Must by Lester E. Dubins- The Science of Winning: A Random Walk Along the Road to Investment Riches by Burton Fabricand- An Introduction to Probability Theory and Its Applications: Vol 2 by William Feller- Getting the Best of it! by David SklanskyAll these titles are available through the Wilmott Bookshop.