Format:
1 Online-Ressource (xvii, 277 pages)
,
illustrations
Edition:
Online-Ausg.
ISBN:
0691138907
,
1400834457
,
9780691138909
,
9781400834457
Content:
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
Content:
The history -- Pits, pebbles, and bones : rolling to discover fate -- The professionals : luck becomes measurable -- From coffeehouses to casinos : gaming becomes big business -- There's no stopping it now : from bans to bookies -- Betting with trillions : the 2008 world economic calamity -- The mathematics -- Who's got a royal flush? : one deal as likely as another -- The behavior of a coin : making predictions with probability -- Someone has to win : betting against expectation -- A truly astonishing result : the weak law of large numbers -- The skill/luck spectrum : even great talent needs some good fortune -- The analysis -- Let it ride : the house money effect -- Knowing when to quit : psychomanaging risk -- The theories : what makes a gambler? -- Hot hands : expecting long runs of the same outcome -- Luck : the dicey illusion
Note:
Includes bibliographical references and index
Additional Edition:
Erscheint auch als Druck-Ausgabe Mazur, Joseph What's luck got to do with it? Princeton, N.J : Princeton University Press, ©2010
Language:
English
URL:
Volltext
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