Mathematics of Games and Gambling
2nd Revised edition
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Mathematics of Games and Gambling by Edward W. Packel
Book DescriptionThe 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 * Game theory applied to bluffing in poker and related to the 'Texas Holdem phenomenon' * The Nash equilibrium concept and its emergence in popular culture * Internet links to games and Java applets for practice and classroom use. Game-related exercises are included and solutions to some appear at the end of the book.
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Book DetailsISBN: 9780883856468
(228mm x 152mm x 16mm)
Imprint: Mathematical Association of America
Publisher: Mathematical Association of America
Publish Date: 14-Dec-2006
Country of Publication: United States
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Author Biography - Edward W. Packel
Edward Packel is Volwiler Professor of Mathematics at Lake Forest College.
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