Movies Books Music Food Tv Shows Technology Politics Video Games Parenting Fashion Green Living more >

Lunch » Tags » Books » Reviews » The Mathematics of Games And Gambling: Second Edition. The Anneli Lax New Mathematical Library

The Mathematics of Games And Gambling: Second Edition. The Anneli Lax New Mathematical Library

1 rating: 5.0
A book by Edward Packel

Review of first edition: 'The whole book is written with great urbanity and clarity. It is hard to see how it could be done better or more readably. The main virtue lies in the close and clever interweaving of theory and example.' Mathematical Gazette<br … see full wiki

Author: Edward Packel
Genre: Science
Publisher: Mathematical Assn of Amer
1 review about The Mathematics of Games And Gambling: Second...

A popular book that contains mathematics

  • Jul 7, 2010
This book would be an ideal text for what would no doubt be a popular special topics course in game theory applied to gambling. While gambling has always been a popular recreation among humans, it is now probably more popular than ever. With state sponsored lotteries now almost universal, new gambling casinos being built everywhere and the rise of internet gambling, it is now easier than ever to do battle with the odds as declared by the gambling gods. Although the chances of winning the battle rarely change. When I was a math professor decades ago, being asked a question about gambling was a regular event.
Packel begins with a discussion of the basics of probabilities and mathematical expectation, explanations of the basics of counting and then analyzes some familiar games such as backgammon, craps and chuck-a-luck. The coverage then moves on to elementary game theory as expressed in zero-sum games and the now classic prisoner's dilemma situation. The explanations are detailed and complete, exercises appear at the ends of the chapters and solutions to some of them are included in an appendix.
Game theory may be unique in that it is a topic that people find interesting and the mathematics is not very difficult. With a bit of explanation, relative novices can understand it. Therefore, this book falls into an unusual niche, it is a book containing mathematics and mathematical formulas that can be considered popular mathematics. A lot of people would be a lot wealthier if they read material like this before they spent their gambling dollars.

What did you think of this review?

Fun to Read
Post a Comment
What's your opinion on The Mathematics of Games And Gambling: S...?
1 rating: +5.0
You have exceeded the maximum length.
The Mathematics of Games And Gambling: Second
Related Topics
McClave's Statistics

A book by James T. McClave


The first book in the "Twilight Saga" by Stephenie Meyer.

A Clockwork Orange

A novel by Anthony Burgess

First to Review
© 2014 Lunch.com, LLC All Rights Reserved
Lunch.com - Relevant reviews by real people.
This is you!
Ranked #
Last login
Member since