The Perfect Bet by Adam Kucharski

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The Perfect Bet by Adam Kucharski

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The Perfect Bet by Adam Kucharski

There is one thing about gambling that everyone knows: the house always wins. Lotteries are set up to guarantee profits, to the state. A craps game is a sure thing, but only if you own the table. Sometimes, however, everyone is wrong. After all, the reason that casinos ban card counters is that counting cards works. Indeed, for the past 500 years, gamblers,led by mathematicians and scientists,have been trying to figure out how to turn the tables on the house and pull the rug out from under Lady Luck. In The Perfect Bet , mathematician and award-winning writer Adam Kucharski tells the astonishing story of how the experts have done it, revolutionizing mathematics and science in the process. From Galileo to Alan Turing, betting has been scientists' playground for ideas: dice games in sixteenth-century bars gave birth to the theory of probability, and poker to game theory (mathematician John von Neumann wanted to improve his game) and to much of artificial intelligence. Kucharski gives us a collection of rogues, geniuses, and mavericks who are equally at home in a casino in Monte Carlo as investigating how to build an atomic bomb for the Manhattan Project. They include the mathematician who flipped a coin 25,000 times to see if it was fair the college kids who gamed the Massachusetts lottery to yield millions of dollars in profit and the horse-betting syndicates of Hong Kong's Happy Valley, who turned a wager on ponies into a multi-billion-dollar industry. With mathematical rigor and narrative flair, Adam Kucharski reveals the tangled history of betting and science. The house can seem unbeatable. In this book, Kucharski shows us just why it isn't. Even better, he shows us how the search for the perfect bet has been crucial for the scientific pursuit of a better world
Praise for The Perfect Bet: "An elegant and amusing account..Anyone planning to enter a casino or place an online bet would be advised to keep this book handy." --Wall Street Journal "[THE PERFECT BET is] terrific: beautifully written, solidly researched and full of surprises. It's also practical. Even if you don't spend time at Las Vegas you'll be surprised by the clarity it will bring to your day." --New York Times Numberplay blog "Kucharski delivers a fascinating read." --Publishers Weekly "A lucid yet sophisticated look at the mathematics of probability as it's played out on gaming tables, arenas, and fields... gamblers and math buffs alike will enjoy it for its smart approach to real-world problems." --Kirkus Reviews "Kucharski does a remarkable job of telling the story of how gambling has influenced science and science has influenced gambling. He manages to make it a good read while providing a scholarly underpinning." --J. Doyne Farmer, Director of the Complexity Economics program at the Institute for New Economic Thinking at the Oxford Martin School
Adam Kucharski is a lecturer in mathematical modeling at the London School of Hygiene & Tropical Medicine and an award-winning science writer. He studied at the University of Warwick before completing a Ph.D. in mathematics at the University of Cambridge. The winner of the 2012 Wellcome Trust Science Writing Prize, Kucharski lives in London.
SKU Unavailable
ISBN 13 9780465055951
ISBN 10 0465055958
Title The Perfect Bet
Author Adam Kucharski
Condition Unavailable
Binding Type Hardback
Publisher Basic Books
Year published 2016-02-23
Number of pages 288
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.