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Gambling Theory and Other Topics

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Most people who gamble are attracted by the action and excitement that this form of entertainment offers. But a small number of people are actually quite successful at gambling. How is this so? Why is it that these few can constantly make decisions that devastate their opponents? And what do you need to do to also become successful at this extremely challenging occupation? Gambling Theory and Other Topics was written in an attempt to answer these questions. In this book, you will be introduced to the dynamic concept of non-self-weighting strategies and shown how these strategies apply not only at the very exciting gaming tables but also in real life. In addition, risk and fluctuations are discussed in terms of the statistical standard deviation, and it is explained how these relate to each other as well as to your bankroll. Some of the other topics addressed are bankroll requirements, win-rate accuracy, free bets, which blackjack count is best, lottery fallacies, dangerous ideas, poker tournament strategies (including when it is correct to rebuy), settling up in tournaments, pai gow poker, super pan nine, the world's greatest gamblers, building pyramids, and much more. This text is absolutely must reading for all serious gamblers. Many of the ideas and concepts discussed must be mastered to ensure survival and success in this extremely challenging and highly rewarding profession.

397 pages, Paperback

First published June 1, 1999

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About the author

Mason Malmuth

42 books5 followers

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5 stars
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Displaying 1 - 2 of 2 reviews
Profile Image for Michael.
12 reviews2 followers
February 1, 2008
Really enjoyed this book - really just for gamblers, but had some intersting storys about how to hedge bets and manage risks. Would recommend for anyone that likes to take a serious approach to gaming and enjoys playing when undestanding the math, art and science behind your bets.
Profile Image for Seytin.
30 reviews
September 5, 2008
I won't lie, this is a dry read. But the information is SOLID GOLD. I have found the concepts in this book to be very helpful not only for poker but for life as well.
Displaying 1 - 2 of 2 reviews

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