What's Luck Got to Do with It?: The History, Mathematics, and Psychology of the Gambler's Illusion

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9780691138909: What's Luck Got to Do with It?: The History, Mathematics, and Psychology of the Gambler's Illusion

Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are "hot" in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What's Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good.


Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers' trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability.


As entertaining as it is informative, What's Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing.

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From the Inside Flap:


"Mazur's book treats luck in a fresh light. The philosophy and emotional aspects (along with a little mathematics) are all there. The reader who delves in will be lucky indeed."--Persi Diaconis, Stanford University


"Blending math with memoir, probability with psychology, and heuristics with history, Mazur has written an essential book for anyone who wants to get a better idea of why we consistently bet against the odds. From the betting window to Wall Street, he offers insights into both the mechanics of chance and the enduring appeal that luck holds for those who wager every day, whether they call it gambling, speculation, or just hoping for the best. Engaging and illuminating, this is a guaranteed winner."--David G. Schwartz, director of the Center for Gaming Research at the University of Nevada, Las Vegas, and author of Roll the Bones: The History of Gambling


"This is a fascinating book. It's a fresh, funny, philosophical look at gambling by a mathematician who knows what he's talking about, and who has quite obviously thought about gambling for a long time. Mazur isn't afraid to make provocative, opinionated statements. I have not seen a gambling book like this before. I think it will attract a lot of readers."--Paul J. Nahin, author of Digital Dice


"This book is significant in that it offers a lively and diverse collection of gambling-related ideas. Mazur's robust blend of anecdotes, history, psychology, and mathematics differs from other attempts to discuss these ideas. He offers plenty of insights into the questions and issues he raises."--Edward Packel, author of The Mathematics of Games and Gambling


About the Author:

Joseph Mazur is professor emeritus of mathematics at Marlboro College. His books include The Motion Paradox: The 2,500-Year-Old Puzzle behind All the Mysteries of Time and Space and Euclid in the Rainforest: Discovering Universal Truth in Logic and Math.

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Joseph Mazur
Editorial: Princeton University Press (2010)
ISBN 10: 0691138907 ISBN 13: 9780691138909
Nuevos Tapa dura Cantidad: 1
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Sequitur Books
(Boonsboro, MD, Estados Unidos de America)
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Descripción Princeton University Press, 2010. Hardcover. Estado de conservación: New. Brand new. We distribute directly for the publisher. Clean, unmarked pages. Fine binding and cover. Hardcover and dust jacket. Ships daily. Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are "hot" in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What's Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers' trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What's Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing. Nº de ref. de la librería 1005201030

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Joseph Mazur
Editorial: Princeton University Press, United States (2010)
ISBN 10: 0691138907 ISBN 13: 9780691138909
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Descripción Princeton University Press, United States, 2010. Hardback. Estado de conservación: New. Language: English . Brand New Book. Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are hot in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What s Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers trillion-dollar bets.Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What s Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing. Nº de ref. de la librería AAH9780691138909

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Joseph Mazur
Editorial: Princeton University Press, United States (2010)
ISBN 10: 0691138907 ISBN 13: 9780691138909
Nuevos Tapa dura Cantidad: 10
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Descripción Princeton University Press, United States, 2010. Hardback. Estado de conservación: New. Language: English . Brand New Book. Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are hot in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What s Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What s Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing. Nº de ref. de la librería AAH9780691138909

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Joseph Mazur
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ISBN 10: 0691138907 ISBN 13: 9780691138909
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Descripción Princeton University Press 2010-07-09, Princeton, N.J. |Woodstock, 2010. hardback. Estado de conservación: New. Nº de ref. de la librería 9780691138909

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Descripción 2010. HRD. Estado de conservación: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería IB-9780691138909

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Descripción Princeton University Press, 2010. HRD. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería WP-9780691138909

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Descripción Princeton University Press, 2010. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería M0691138907

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Descripción Princeton University Press, United States, 2010. Hardback. Estado de conservación: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are hot in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What s Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What s Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing. Nº de ref. de la librería BTE9780691138909

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Descripción Princeton University Press, 2010. Hardcover. Estado de conservación: New. Never used!. Nº de ref. de la librería 0691138907

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Descripción Princeton University Press, 2010. Hardcover. Estado de conservación: New. Nº de ref. de la librería DADAX0691138907

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