Author: Robert C. Hannum
Publisher:
ISBN: 9780942828535
Category : Gambling
Languages : en
Pages : 300

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Book Description

Author: Mark Bollman
Publisher: CRC Press
ISBN: 1000423840
Category : Mathematics
Languages : en
Pages : 364

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Book Description
Mathematics is the basis of casino games, which are the bedrock of a $100 billion/year industry. Mathematics of the Big Four Casino Table Games: Blackjack, Baccarat, Craps, & Roulette takes an in-depth look at the four biggest table games in casinos: blackjack, baccarat, craps, and roulette. It guides readers through the mathematical principles that underpin these games and their different variations, providing insights that will be of huge interest to gamblers, casino managers, researchers, and students of mathematics. Features A valuable teaching resource, replete with exercises, for any course on gambling mathematics Suitable for a wide audience of professionals, researchers, and students Many practical applications for the gambling industry Mark Bollman is Professor of Mathematics and chair of the Department of Mathematics & Computer Science at Albion College in Albion, Michigan, and has taught 116 different courses in his career. Among these courses is "Mathematics of the Gaming Industry," where mathematics majors carefully study the math behind games of chance and travel to Las Vegas, Nevada, in order to compare theory and practice. He has also taken those ideas into Albion’s Honors Program in "Great Issues in Humanities: Perspectives on Gambling," which considers gambling from literary, philosophical, and historical points of view as well as mathematically. Mark has also authored Basic Gambling Mathematics: The Numbers Behind the Neon, Mathematics of Keno and Lotteries, and Mathematics of Casino Carnival Games.

Author: Mark Bollman
Publisher: CRC Press
ISBN: 1482208938
Category : Mathematics
Languages : en
Pages : 285

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Book Description
Understand the Math Underlying Some of Your Favorite Gambling Games Basic Gambling Mathematics: The Numbers Behind the Neon explains the mathematics involved in analyzing games of chance, including casino games, horse racing, and lotteries. The book helps readers understand the mathematical reasons why some gambling games are better for the player than others. It is also suitable as a textbook for an introductory course on probability. Along with discussing the mathematics of well-known casino games, the author examines game variations that have been proposed or used in actual casinos. Numerous examples illustrate the mathematical ideas in a range of casino games while end-of-chapter exercises go beyond routine calculations to give readers hands-on experience with casino-related computations. The book begins with a brief historical introduction and mathematical preliminaries before developing the essential results and applications of elementary probability, including the important idea of mathematical expectation. The author then addresses probability questions arising from a variety of games, including roulette, craps, baccarat, blackjack, Caribbean stud poker, Royal Roulette, and sic bo. The final chapter explores the mathematics behind "get rich quick" schemes, such as the martingale and the Iron Cross, and shows how simple mathematics uncovers the flaws in these systems.

Author: Mark Bollman
Publisher: CRC Press
ISBN: 1000192032
Category : Mathematics
Languages : en
Pages : 300

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Book Description
There are thousands of books relating to poker, blackjack, roulette and baccarat, including strategy guides, statistical analysis, psychological studies, and much more. However, there are no books on Pell, Rouleno, Street Dice, and many other games that have had a short life in casinos! While this is understandable — most casino gamblers have not heard of these games, and no one is currently playing them — their absence from published works means that some interesting mathematics and gaming history are at risk of being lost forever. Table games other than baccarat, blackjack, craps, and roulette are called carnival games, as a nod to their origin in actual traveling or seasonal carnivals. Mathematics of Casino Carnival Games is a focused look at these games and the mathematics at their foundation. Features • Exercises, with solutions, are included for readers who wish to practice the ideas presented • Suitable for a general audience with an interest in the mathematics of gambling and games • Goes beyond providing practical ‘tips’ for gamblers, and explores the mathematical principles that underpin gambling games

Author: Catalin Barboianu
Publisher: INFAROM Publishing
ISBN: 9738752035
Category : Games & Activities
Languages : en
Pages : 340

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Book Description
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.

Author: Eliot Jacobson
Publisher:
ISBN: 9781883423179
Category : Card games
Languages : en
Pages : 0

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Book Description

Author: Pat Dittmar
Publisher: ECW Press
ISBN: 1554903262
Category : Games & Activities
Languages : en
Pages : 225

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Book Description
A primer and reference for one of the most useful concepts in poker.

Author: Catalin Barboianu
Publisher: INFAROM Publishing
ISBN: 9738752078
Category : Probabilities
Languages : en
Pages : 210

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Book Description
Continuing his series of books on the mathematics of gambling, the author shows how a simple-rule game such as roulette is suited to a complex mathematical model whose applications generate improved betting systems that take into account a player's personal playing criteria. The book is both practical and theoretical, but is mainly devoted to the application of theory. About two-thirds of the content is lists of categories and sub-categories of improved betting systems, along with all the parameters that might stand as the main objective criteria in a personal strategy - odds, profits and losses. The work contains new and original material not published before. The mathematical chapter describes complex bets, the profit function, the equivalence between bets and all their properties. All theoretical results are accompanied by suggestive concrete examples and can be followed by anyone with a minimal mathematical background because they involve only basic algebraic skills and set theory basics. The reader may also choose to skip the math and go directly to the sections containing applications, where he or she can pick desired numerical results from tables. The book offers no new so-called winning strategies, although it discusses them from a mathematical point of view. It does, however, offer improved betting systems and helps to organize a player's choices in roulette betting, according to mathematical facts and personal strategies. It is a must-have roulette handbook to be studied before placing your bets on the turn of either a European or American roulette wheel.

Author: Jerry L. Patterson
Publisher: Penguin
ISBN: 9780399525117
Category : Games & Activities
Languages : en
Pages : 278

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Book Description
BEAT THE HOUSE! Is it possible to "beat the odds" at casino gambling? With this guide, Jerry L. Patterson, author and gambling expert, shares strategies that can help you win more often -- and become the kind of "advantage player" that keeps the house on its toes! Packed with new updated material on today's developments in casino gambling, this book covers blackjack, craps, roulette, baccarat, and casino poker, and includes tips on ... -- mental preparation and developing a winning attitude -- basic rules and simple winning strategies for beginning and recreational players -- state-of-the-art "advantage" systems for advanced play in blackjack, craps, and roulette -- cautions and controversies on Internet gambling -- avoiding common mistakes and misconceptions and much more

Author: Catalin Barboianu
Publisher: INFAROM Publishing
ISBN: 9731991409
Category : Games & Activities
Languages : en
Pages : 366

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Book Description
This eighth book of the author on gambling math presents in accessible terms the cold mathematics behind the sparkling slot machines, either physical or virtual. It contains all the mathematical facts grounding the configuration, functionality, outcome, and profits of the slot games. Therefore, it is not a so-called how-to-win book, but a complete, rigorous mathematical guide for the slot player and also for game producers, being unique in this respect. As it is primarily addressed to the slot player, its goal is to present practical applications of the mathematical models of slot games, in order to provide numerical results that a player can use as criteria for gaming decisions or just as information for any slot game and any predicted winning event. These results are focused on probability and expected value, these being the most important parameters for decisional criteria in slots. The book is packed with plenty of figures, tables, and formulas. The content is organized so that readers can skip the theoretical parts and go picking the practical results (numerical, in tables of values where possible, or ready-to-compute formulas) for the desired situation. The practical results are gathered in the last chapter, titled "Practical Applications and Numerical Results," the largest part of the book, for the most popular categories of slot machines, namely with 3, 5, 9, and 16 reels. Any other category of slot games is covered in the theoretical part of the book, where the general formulas apply not only to existing slot games, but also to possible future slot games of any design and configuration. The author does not just throw the slot mathematics to the audience and run away, but offers an ultimate practical contribution with the chapter "How to estimate the number of stops and the symbol distribution on a reel", a surprise for both players and producers, where one can see that mathematics provides players with some statistical methods as well as methods based on physical measurements for retrieving these missing data. Having these data along with the mathematical results of this book, anyone can generate the PAR sheet of any slot machine. In the last decade, mathematics has been taken more and more seriously into account in gaming, as being the essence that governs the games of chance and the only rigorous tool providing information on optimal play, where possible. For the popular game of slots, mathematics already fulfilled its duty by providing all the data that it can provide and that cannot be found on the display of the slot machines - it is all here in this book.