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Author: William Poundstone
Publisher: Hill and Wang
ISBN: 0374707081
Category : Business & Economics
Languages : en
Pages : 399
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Book Description
In 1956, two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein's. The other was John L. Kelly Jr., a Texas-born, gun-toting physicist. Together they applied the science of information theory—the basis of computers and the Internet—to the problem of making as much money as possible, as fast as possible. Shannon and MIT mathematician Edward O. Thorp took the "Kelly formula" to Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider's edge. Shannon believed it was possible for a smart investor to beat the market—and William Poundstone's Fortune's Formula will convince you that he was right.
Author: William Poundstone
Publisher: Hill and Wang
ISBN: 0374707081
Category : Business & Economics
Languages : en
Pages : 399
Get Book Here
Book Description
In 1956, two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein's. The other was John L. Kelly Jr., a Texas-born, gun-toting physicist. Together they applied the science of information theory—the basis of computers and the Internet—to the problem of making as much money as possible, as fast as possible. Shannon and MIT mathematician Edward O. Thorp took the "Kelly formula" to Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider's edge. Shannon believed it was possible for a smart investor to beat the market—and William Poundstone's Fortune's Formula will convince you that he was right.
Author: Joe Peta
Publisher: Penguin
ISBN: 0451415175
Category : Sports & Recreation
Languages : en
Pages : 386
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Book Description
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.
Author: Rob Miech
Publisher: Citadel Press
ISBN: 0806540311
Category : Games & Activities
Languages : en
Pages : 288
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Book Description
“Rob Miech has outdone himself with this poignant, behind-the-curtains revelation of a world of parlays and money-line wagers, of mob-ruled games, and characters named Lem and Lefty. The brilliant storyteller weaves insight from some of the world’s most prominent names in sports betting into a historic, entertaining, and informative journey.” —Ed Graney, six-time Nevada sportswriter of the year for the Las Vegas Review-Journal The legalization of sports wagering has increased the pot exponentially. But navigating the new systems can be tricky. If you’re a newcomer ready to bet on sports as an occasional pastime, veteran sports writer and Las Vegas insider Rob Miech delivers a vital primer on terminology, options, and procedures. If you’re already taking advantage of the sports betting world as a money-spinning career, he shares the latest approaches and all-new game-changing techniques by tapping the skills, secrets of success, and cautionary counsel of players on both sides of the counter. With behind-the-scenes stories and no-holds-barred interviews with the legendary masters of betting, Sports Betting for Winners shows how, with the right information and a sprinkling of luck, you can capitalize on the numbers behind the numbers and take the bettor’s game to the next level. “Miech gives us the skinny on a billion-dollar business.I'll lay you 9-to-5 you'll feel richer for reading Sports Betting for Winners.” —Mike Downey, award-winning sports columnist, Chicago Tribune and Los Angeles Times “A book on sports betting for everyone—entertaining, informative, anecdote-filled.” —Steve Rushin, author of Sting-Ray Afternoons and Nights in White Castle
Author: Nancy Robards Thompson
Publisher: Harlequin
ISBN: 1488069697
Category : Fiction
Languages : en
Pages : 230
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Book Description
The odds may be against them…but don’t count them out! Seven Days to Land Your Man In the beginning, Ashley Fortune is furious Rodrigo Mendoza has been hired to consult on her new restaurant, Provisions. She vows to send him packing, but her resentment quickly turns to attraction…and then frustration when the upstanding Mr. Mendoza won’t mix business with pleasure. When her sister gives her a self-help book that promises to win him over in a week, Ashley goes all in to land Rodrigo’s heart… From Special Edition: Believe in love. Overcome obstacles. Find happiness. Discover more true-to-life stories in The Fortunes of Texas: Rambling Rose series: Book 1: Fortune’s Fresh Start by Michelle Major Book 2: Fortune’s Texas Surprise by Stella Bagwell Book 3: The Mayor’s Secret Fortune by Judy Duarte Book 4: Fortune’s Greatest Risk by Marie Ferrarella Book 5: Betting on a Fortune by Nancy Robards Thompson Book 6: The Texan’s Baby Bombshell by Allison Leigh
Author: Steve Bourie
Publisher:
ISBN: 9781883768140
Category : Games & Activities
Languages : en
Pages : 492
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Book Description
Published annually since 1992, the 2005 edition of this bestselling guide continues to gain fame as the best available source for information on U.S. casinos. The new 2005 edition lists more than 650 casinos in 35 states and comes complete with maps of all states showing where the casinos are located, plus detailed maps of Las Vegas, Atlantic City, Reno and the Mississippi gambling resort towns of Biloxi and Tunica.
Author: Adam Kucharski
Publisher: Basic Books
ISBN: 0465098592
Category : Mathematics
Languages : en
Pages : 194
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Book Description
"An elegant and amusing account" of how gambling has been reshaped by the application of science and revealed the truth behind a lucky bet (Wall Street Journal). For the past 500 years, gamblers-led by mathematicians and scientists-have been trying to figure out how to pull the rug out from under Lady Luck. In The Perfect Bet, mathematician and award-winning writer Adam Kucharski tells the astonishing story of how the experts have succeeded, revolutionizing mathematics and science in the process. The house can seem unbeatable. Kucharski shows us just why it isn't. Even better, he demonstrates how the search for the perfect bet has been crucial for the scientific pursuit of a better world.
Author: David Sumpter
Publisher: Bloomsbury Publishing
ISBN: 1472924150
Category : Mathematics
Languages : en
Pages : 288
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Book Description
'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: Laurie Ruettimann
Publisher: Henry Holt and Company
ISBN: 1250269792
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
"Indispensable reading for anyone seeking to improve their professional selves." —Daniel H. Pink, #1 New York Times bestselling author of When An essential guide for how to snap out of autopilot and become your own best advocate, with candid anecdotes and easy-to-adopt steps, from veteran HR specialist and popular podcast host Laurie Ruettimann Chances are you've spent the past few months cooped up inside, buried under a relentless news cycle and work that never seems to switch off. Millions of us worldwide are overworked, exhausted, and trying our hardest—yet not getting the recognition we deserve. It’s time for a fix. Top career coach and HR consultant Laurie Ruettimann knows firsthand that work can get a hell of a lot better. A decade ago, Ruettimann was uninspired, blaming others and herself for the unhappiness she felt. Until she had an epiphany: if she wanted a fulfilling existence, she couldn’t sit around and wait for change. She had to be her own leader. She had to truly take ahold of life—the good, the bad, and the downright ugly—in order to transform her future. Today, as businesses prioritize their bottom line over employee satisfaction and workers become increasingly isolated, the need to safeguard your well-being is crucial. And though this sounds intimidating, it’s easier to do than you think. Through tactical advice on how to approach work in a smart and healthy manner, which includes knowing when to sign off for the day, doubling down on our capacity to learn, fixing those finances, and beating impostor syndrome once and for all, Ruettimann lays out the framework necessary to champion your interests and create a life you actually enjoy. Packed with advice and stories of others who regained control of their lives, Betting on You is a game-changing must-read for how to radically improve your day-to-day, working more effectively and enthusiastically starting now.
Author: Cassandra Medcalf
Publisher: Cassandra Medcalf
ISBN:
Category : Fiction
Languages : en
Pages : 240
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Book Description
The prodigal daughter returns to the mountains... Natalie Roche has made it. She has her life, her independence, and her rock-and-roll dream job: a talent manager in L.A., at the world’s largest music management firm. But when her grandmother dies and leaves her the family house in Appalachian Maryland, she has no choice but to trek her way back east and confront the past she’s worked so hard to escape. And family drama isn’t the only thing she finds in the mountains. Bonnie Baker is used to difficult clients: after all, working as a public attorney for ten years offers no shortage of headaches. No one could blame her for indulging in a one-night stand to relieve the stress… until the blue-eyed bombshell from the bar shows up in her office. Now they're both fighting the rules and fighting their attraction, and Natalie has more than just her inheritance at stake. Between the demands of her overbearing boss, her family's secrets, and the weight of her past, will she capsize under the pressure? Or will her new-found friendships teach her what makes a house a home? Betting on the House is an LGBT homecoming story with themes of found family, small town life, and a sprinkling of spice. It is the first book of the stand-alone Fixer Upper Romance series.
Author: Fausto Martin De Sanctis
Publisher: Springer
ISBN: 3319056093
Category : Law
Languages : en
Pages : 179
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Book Description
Professional football means many things to many people. For players, a means to possible fame and fortune. For fans, a source of local or national pride, and perhaps the chance to score with a few bets. For criminal organizations, a cover for making millions in corrupt enterprises. In the world of gambling this is no different. Football, Gambling, and Money Laundering describes in impressive detail the scope of the problem, the layers of denial that allow sports-related financial crime to flourish, and the steps that are being taken--and that need to be taken--to combat illicit operations in the sports world. Expert analysis explains criminal activity in the context of football, and how sports governing bodies, the media, and others have created a culture that regularly turns a blind eye. International data and instructive legal case examples shed light on the role of the Internet in the spread of gambling and money laundering as well as the strengths and weaknesses of current law enforcement, legislative, and sports-based efforts in fighting corruption. Included in the coverage: • Criminal activity in the sports world • Financial crime and exploitation in football and gambling • Legal wagering and illegal betting, including online • Illegal and disguised payment instruments used by organized crime • International legal cooperation in combating money laundering • National and international proposals for improving the sports and gambling industries to prevent money laundering An authoritative reference to a growing and wide-reaching concern, Football, Gambling,and Money Laundering will find an interested audience among academics, prosecutors, judges, law enforcement officials, and others involved in efforts to curb corruption and money laundering in the world of football.
