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Editorial Reviews
Amazon.com
You could just as easily call this book How to Bet at Jai-Alai and Win! But that's only half the story. While Calculated Bets might indeed help you make a buck down at the fronton, it's as much concerned with the power of mathematical modeling and computer programming. The story of accomplished mathematician Steven Skiena's longtime obsession with this obscure Basque sport, Calculated Bets uses straightforward mathematics and real-world examples to divine the statistical mysteries behind playing--and, more important, wagering on--jai alai. (Which goes a long way toward explaining why Cambridge University Press is publishing what's basically a book about gambling.)
You could just as easily call this book How to Bet at Jai-Alai and Win! But that's only half the story. While Calculated Bets might indeed help you make a buck down at the fronton, it's as much concerned with the power of mathematical modeling and computer programming. The story of accomplished mathematician Steven Skiena's longtime obsession with this obscure Basque sport, Calculated Bets uses straightforward mathematics and real-world examples to divine the statistical mysteries behind playing--and, more important, wagering on--jai alai. (Which goes a long way toward explaining why Cambridge University Press is publishing what's basically a book about gambling.)
A self-styled "mild-mannered professor," the conversational Skiena (The Algorithm Design Manual) delivers on his book's many promises, from explaining how mathematical models are "designed, built, and validated" to providing lucid discussions of such topics as market efficiency and the difference between correlation and causation. Even better are his riffs on why real programmers hate Microsoft (hint: it's not jealousy) and the beauty behind interesting curves. In the end, Skiena even puts his money where his mouth is: using a modem, he sets loose an auto-dialing program called Maven that he and his grad students cooked up, sending it off in the wee hours of the morning to cull the Web for stats, play each match a half-million times, and then automatically wager a $250 stake. --Paul Hughes
Review
"Interesting, informative..." American Mathematical Monthly
"I found this book to be a very enjoyable read. The book is written in a leisurely, relaxed style. The author doesn't assume any mathematical, statistical, or computer science knowledge of the reader, and gives plenty of background material on the subject." The American Statistician
"It is a clearly written case study on the use of mathematical modeling...it may be useful as a text for a course in applied mathematics or simulation...I recommend this book for anyone who is curious about how mathematics and simulation can be used to learn how to win at gambling." The American Statistician
See all Editorial Reviews
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Inside Another Edition of this Book Citations: This book cites 15 books | 2 books that cite this book Explore: Citations | Books on Related Topics | Concordance | Text Stats Key Phrases - SIPs: trifecta bets, exacta bets, trifecta boxes, jai alai match, jai alai players (more) Key Phrases - CAPs: Monte Carlo, United States, Rank Payoff, Rank Value, Milford Jai-Alai (more) Browse Sample Pages: Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover | Surprise Me! |
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