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  • The Mathematics of Gambling

    About The File:
    File Format | PDF
    File Size | 4.27 MB
    Pages | 84
    Language | English
    Category | Gambling
    Description:  This book gives a quick overview of making money, or losing money more slowly, at various games of chance. Thorpe was best known for "inventing" a system of card counting for blackjack and basic strategy. He wrote the 1962 book "Beat the Dealer" which spawned a whole genre of win-at-gambling books that continue to this day.
    "The Mathematics of Gambling" is quite different from those other books. For instance, it does not focus on just one game like most of the others. In fact, it barely explains a game at all. Instead, it describes the mathematical methods that might be used to win at the game more consistently. Think of this book as a starting point to understanding gambling theories.

    The book starts with Blackjack, of course, and gives a very brief overview the game and betting strategies. This is mathematically heavy and many details are left out. It is followed by a counter-point of Baccarat which Thorpe concludes mathematically has much less room for winning strategies.
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