Publication

2010 - Springer, Berlin, Germany

Language

English

Word Count

204,000 words, Guess

Page Count

816 pages

Identifiers

and 1 more

Classifications

  • DDC519.27
  • LCCQA271 .E84 2010
  • LCCQA273.A1-274.9
and 1 more
  • LCCQA271 .E75 2010

Description

Three centuries ago Montmort and De Moivre published two of the first books on probability theory, then called the doctrine of chances, emphasizing its most important application at that time, games of chance. This volume, on the probabilistic aspects of gambling, is a modern version of those classics. While covering the classical material such as house advantage and gambler's ruin, it also takes up such 20th-century topics as martingales, Markov chains, game theory, bold play, and optimal proportional play. In addition there is extensive coverage of specific casino games such as roulette, craps, video poker, baccarat, and twenty-one. The volume addresses researchers and graduate students in probability theory, stochastic processes, game theory, operations research, statistics but it is also accessible to undergraduate students, who have had a course in probability.

Subjects

Series Statement

  • Probability and its applications
  • Probability and its applications (Springer-Verlag)

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