The Perfect Bet : How Science and Math Are Taking the Luck Out of Gambling

Nonfiction

eAudiobook

Provider: hoopla

Details

PUBLISHED
[United States] : HighBridge, 2016
Made available through hoopla
EDITION
Unabridged
DESCRIPTION

1 online resource (1 audio file (8hr., 36 min.)) : digital

ISBN/ISSN
9781681680590 MWT11574656, 1681680599 11574656
LANGUAGE
English
NOTES

Read by Jonathan Yen

Bringing together ideas from mathematics, psychology, economics and physics, The Perfect Bet traces the origins of successful betting methods. From the simple to the intricate, and the audacious to the absurd, Adam Kucharski reveals the long and tangled history between betting and science, and explains why gambling continues to generate insights into luck and decision-making today. Covering exploits and ideas from across the globe, he meets the teams behind hedge funds that capitalize on inaccurate sports betting odds, and explains how PhD-level pundits are using methods originally developed for the US nuclear program to predict sports results. Kucharski reveals why winning at chess depends on luck-but victory in checkers does not-and why poker is one of the ultimate challenges for artificial intelligence. He also explores the difficulties of mimicking human behavior, and explains what caused one hedge fund's rogue algorithm to lose them $400,000 per second in the summer of 2012

Mode of access: World Wide Web

Additional Credits