Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win (Outlooks)

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9780521009621: Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win (Outlooks)

Calculated Bets describes a gambling system that works. Steven Skiena, a jai-alai enthusiast and computer scientist, documents how he used computer simulations and modeling techniques to predict the outcome of jai-alai matches and increased his initial stake by 544% in one year. Skiena demonstrates how his jai-alai system functions like a stock trading system, and includes examples of how gambling and mathematics interact in program trading systems, how mathematical models are used in political polling, and what the future holds for Internet gambling. With humor and enthusiasm, Skiena explains computer predictions used in business, sports, and politics, and the difference between correlation and causation. An unusual presentation of how mathematical models are designed, built, and validated, Calculated Bets also includes a list of modeling projects with online data sources. Steven Skiena, Associate Professor of Computer Science at SUNY Stony Brook, is the author of The Algorithm Design Manual (Springer-Verlag, 1997) and the EDUCOM award-winning Computational Discrete Mathematics. He is the recipient of the ONR Young Investigator's Award and the Chancellor's Award for Excellence in Teaching at Stony Brook. His research interests include discrete mathematics and its applications, particularly the design of graph, string, and geometric algorithms.

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Review:

You could just as easily call this book How to Bet at Jai-Alai and Win! But that's only half the story. While Calculated Bets might indeed help you make a buck down at the fronton, it's as much concerned with the power of mathematical modeling and computer programming. The story of accomplished mathematician Steven Skiena's longtime obsession with this obscure Basque sport, Calculated Bets uses straightforward mathematics and real-world examples to divine the statistical mysteries behind playing--and, more important, wagering on--jai alai. (Which goes a long way toward explaining why Cambridge University Press is publishing what's basically a book about gambling.)

A self-styled "mild-mannered professor," the conversational Skiena (The Algorithm Design Manual) delivers on his book's many promises, from explaining how mathematical models are "designed, built, and validated" to providing lucid discussions of such topics as market efficiency and the difference between correlation and causation. Even better are his riffs on why real programmers hate Microsoft (hint: it's not jealousy) and the beauty behind interesting curves. In the end, Skiena even puts his money where his mouth is: using a modem, he sets loose an auto-dialing program called Maven that he and his grad students cooked up, sending it off in the wee hours of the morning to cull the Web for stats, play each match a half-million times, and then automatically wager a $250 stake. --Paul Hughes

Book Description:

This book tells the story of how the author used computer simulations and mathematical modeling techniques to predict the outcome of jai-alai matches and bet on them successfully. The author weaves into this story other aspects of gambling and mathematics, discussing gambling systems, both successful and unsuccessful, for such games as lotto, roulette, blackjack, and Wall Street. From this book students will gain insight into what is really involved in building and validating a mathematical model and implementing it on a computer. For those who are inspired to want to build one themselves, a list of exciting modeling projects with data sources on the WWW is included to get them started.

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Professor Steven S. Skiena
Editorial: CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2007)
ISBN 10: 0521009626 ISBN 13: 9780521009621
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Descripción CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2007. Paperback. Estado de conservación: New. Language: English . Brand New Book ***** Print on Demand *****.This is a book about a gambling system that works. It tells the story of how the author used computer simulations and mathematical modeling techniques to predict the outcome of jai-alai matches and bet on them successfully - increasing his initial stake by over 500 in one year! His results can work for anyone: at the end of the book he tells the best way to watch jai-alai, and how to bet on it. With humour and enthusiasm, Skiena details a life-long fascination with computer predictions and sporting events. Along the way, he discusses other gambling systems, both successful and unsuccessful, for such games as lotto, roulette, blackjack, and the stock market. Indeed, he shows how his jai-alai system functions just like a miniature stock trading system. Do you want to learn about program trading systems, the future of Internet gambling, and the real reason brokerage houses don t offer mutual funds that invest at racetracks and frontons? How mathematical models are used in political polling? The difference between correlation and causation? If you are curious about gambling and mathematics, odds are this book is for you!. Nº de ref. de la librería APC9780521009621

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Skiena, Steven
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Descripción The Mathematical Association o, 2017. Paperback. Estado de conservación: New. This item is printed on demand. Nº de ref. de la librería 0521009626

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Descripción Cambridge University Press, 2001. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. de la librería IQ-9780521009621

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Professor Steven S. Skiena
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Descripción CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2007. Paperback. Estado de conservación: New. Language: English . Brand New Book ***** Print on Demand *****. This is a book about a gambling system that works. It tells the story of how the author used computer simulations and mathematical modeling techniques to predict the outcome of jai-alai matches and bet on them successfully - increasing his initial stake by over 500 in one year! His results can work for anyone: at the end of the book he tells the best way to watch jai-alai, and how to bet on it. With humour and enthusiasm, Skiena details a life-long fascination with computer predictions and sporting events. Along the way, he discusses other gambling systems, both successful and unsuccessful, for such games as lotto, roulette, blackjack, and the stock market. Indeed, he shows how his jai-alai system functions just like a miniature stock trading system. Do you want to learn about program trading systems, the future of Internet gambling, and the real reason brokerage houses don t offer mutual funds that invest at racetracks and frontons? How mathematical models are used in political polling? The difference between correlation and causation? If you are curious about gambling and mathematics, odds are this book is for you!. Nº de ref. de la librería APC9780521009621

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Skiena, Steven
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Descripción The Mathematical Association of America. PAPERBACK. Estado de conservación: New. 0521009626 BRAND NEW, GIFT QUALITY! NOT OVERSTOCKS OR MARKED UP REMAINDERS! DIRECT FROM THE PUBLISHER!|0.76. Nº de ref. de la librería OTF-S-9780521009621

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Descripción Cambridge University Press 2007-02, 2007. PF. Estado de conservación: New. Nº de ref. de la librería NU-LSI-07011387

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Descripción Cambridge University Press. Paperback. Estado de conservación: New. Paperback. 252 pages. Dimensions: 9.0in. x 5.8in. x 0.9in.Calculated Bets describes a gambling system that works. Steven Skiena, a jai-alai enthusiast and computer scientist, documents how he used computer simulations and modeling techniques to predict the outcome of jai-alai matches and increased his initial stake by 544 in one year. Skiena demonstrates how his jai-alai system functions like a stock trading system, and includes examples of how gambling and mathematics interact in program trading systems, how mathematical models are used in political polling, and what the future holds for Internet gambling. With humor and enthusiasm, Skiena explains computer predictions used in business, sports, and politics, and the difference between correlation and causation. An unusual presentation of how mathematical models are designed, built, and validated, Calculated Bets also includes a list of modeling projects with online data sources. Steven Skiena, Associate Professor of Computer Science at SUNY Stony Brook, is the author of The Algorithm Design Manual (Springer-Verlag, 1997) and the EDUCOM award-winning Computational Discrete Mathematics. He is the recipient of the ONR Young Investigators Award and the Chancellors Award for Excellence in Teaching at Stony Brook. His research interests include discrete mathematics and its applications, particularly the design of graph, string, and geometric algorithms. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Nº de ref. de la librería 9780521009621

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Skiena, Steven S.
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Descripción The Mathematical Association of America, 2001. Paperback. Estado de conservación: New. Nº de ref. de la librería INGM9780521009621

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Descripción Cambridge University Press, 2001. PAP. Estado de conservación: New. New Book. Delivered from our UK warehouse in 3 to 5 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. de la librería IQ-9780521009621

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