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What's luck got to do with it? : the history, mathematics, and psychology behind the gambler's illusion / Joseph Mazur.

By: Publication details: Princeton, N.J. : Princeton University Press, c2010.Description: xvii, 277 p. : ill. ; 24 cmISBN:
  • 9780691138909 (hardcover : alk. paper)
  • 0691138907 (hardcover : alk. paper)
Subject(s): DDC classification:
  • 519.2/7 22
LOC classification:
  • QA271 .M39 2010
Contents:
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.

Includes bibliographical references (p. [249]-266) and index.

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.

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