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The Theory of Gambling and Statistical Logic

3.71  ·  Rating Details ·  24 Ratings  ·  2 Reviews
Early in his rise to enlightenment, man invented a concept that has since been variously viewed as a vice, a crime, a business, a pleasure, a type of magic, a disease, a folly, a weakness, a form of sexual substitution, an expression of the human instinct. He invented gambling.

Recent advances in the field, particularly Parrondo's paradox, have triggered a surge of interest
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Hardcover, 442 pages
Published September 1st 2009 by Academic Press (first published January 1st 1977)
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Justin Yeary
May 18, 2012 Justin Yeary rated it really liked it  ·  review of another edition
This isn't goign to teach you to become a professional gambler, a master card-counter or a poker pro. if you want to buy the text for that purpose, save your money and look elsewhere. However, what this book IS good for is for giving a concise yet thorough and mathematically rigorous treatment of all sorts of gambles and games of chance. If a game is in a casino, there's probably a chapter on that game in this book. For those with an interest in mathematics and want to see how mathematics is app ...more
Tim Clouse
Jun 01, 2012 Tim Clouse rated it it was amazing
Shelves: policy-analysis
An update of the first edition, that was published in 1967. The second edition adds and subtracts quite a bit of material. Get both if you can, as they complement each other.

Additional Second Edition Errata-- in what is in the book, the formula for Binomial Distribution on page 19 (equation 2-11) should be (p^r)*(p^(n-r)), NOT (p^r)*(p^(n-1)).
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Richard A. Epstein is the James Parker Hall Distinguished Service Professor Emeritus of Law and Senior Lecturer at The University of Chicago Law School.

Epstein started his legal career at the University of Southern California, where he taught from 1968 to 1972. He served as Interim Dean from February to June, 2001.

He received an LLD, hc, from the University of Ghent, 2003. He has been a member of
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