Looking for an examination copy?
If you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact email@example.com providing details of the course you are teaching.
Calculated Bets describes a gambling system that works. Steven Skiena, a jai-alai enthusiast and computer scientist, documents how he used computer simulations and modeling techniques to predict the outcome of jai-alai matches and increased his initial stake by 544% in one year. Skiena demonstrates how his jai-alai system functions like a stock trading system, and includes examples of how gambling and mathematics interact in program trading systems, how mathematical models are used in political polling, and what the future holds for Internet gambling. With humor and enthusiasm, Skiena explains computer predictions used in business, sports, and politics, and the difference between correlation and causation. An unusual presentation of how mathematical models are designed, built, and validated, Calculated Bets also includes a list of modeling projects with online data sources. Steven Skiena, Associate Professor of Computer Science at SUNY Stony Brook, is the author of The Algorithm Design Manual (Springer-Verlag, 1997) and the EDUCOM award-winning Computational Discrete Mathematics. He is the recipient of the ONR Young Investigator's Award and the Chancellor's Award for Excellence in Teaching at Stony Brook. His research interests include discrete mathematics and its applications, particularly the design of graph, string, and geometric algorithms.Read more
- Exciting story of a successful gambling system
- Entertaining introduction to mathematical modelling techniques and methodologies
Reviews & endorsements
"Interesting, informative..." American Mathematical MonthlySee more reviews
"I found this book to be a very enjoyable read. The book is written in a leisurely, relaxed style. The author doesn't assume any mathematical, statistical, or computer science knowledge of the reader, and gives plenty of background material on the subject." The American Statistician
"It is a clearly written case study on the use of mathematical modeling...it may be useful as a text for a course in applied mathematics or simulation...I recommend this book for anyone who is curious about how mathematics and simulation can be used to learn how to win at gambling." The American Statistician
Not yet reviewed
Be the first to review
Review was not posted due to profanity×
- Date Published: August 2001
- format: Paperback
- isbn: 9780521009621
- length: 252 pages
- copublisher: The Mathematical Association of America
- dimensions: 228 x 152 x 20 mm
- weight: 0.35kg
- contains: 35 b/w illus. 32 tables
- availability: Available
Table of Contents
1. The making of a gambler
2. What is Jai Alai?
3. Monte Carlo on the Tundra
4. The impact of the internet
5. Is this bum any good?
6. Modeling the payoffs
7. Engineering the system
8. Putting my money where my mouth is
9. How should you bet?
10. Projects to ponder
For further reading
Sorry, this resource is locked
Please register or sign in to request access. If you are having problems accessing these resources please email firstname.lastname@example.orgRegister Sign in
You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.Continue ×