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Mathematics of Games and Gambling

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ISBN-10: 0883856468

ISBN-13: 9780883856468

Edition: 2nd 2006 (Revised)

Authors: Edward Packel

List price: $51.00
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Description:

The new edition of a favourite which introduces and develops some of the important and beautiful elementary mathematics needed for rational analysis of various gambling and game activities. Most of the standard casino games (roulette, craps, blackjack, keno), some social games (backgammon, poker, bridge) and various other activities (state lotteries, horse racing) are treated in ways that bring out their mathematical aspects. The mathematics developed ranges from the predictable concepts of probability, expectation, and binomial coefficients to some less well-known ideas of elementary game theory. The second edition includes new material on: - Sports betting and the mathematics behind it -…    
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Book details

List price: $51.00
Edition: 2nd
Copyright year: 2006
Publisher: American Mathematical Society
Publication date: 12/30/2006
Binding: Hardcover
Pages: 174
Size: 5.98" wide x 8.98" long x 0.63" tall
Weight: 0.836

Edward Packel is Volwiler Professor of Mathematics at Lake Forest College.

Preface to the first edition; Preface to the second edition
The phenomenon of gambling
Finite probabilities and great expectations
Backgammon and other dice diversions
Permutations, combinations and applications
Play it again Sam: the binomial distribution
Elementary game theory
Odds and ends
Answers/Hints for selected exercises
Bibliography
Index