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Book Title: Probability Guide to
Gambling: Learn The Mathematics of Slots, Blackjack, Poker,
Dice, Roulette, Baccarat, Lottery and Sport Bets.
This gambling book provides a precise account of the odds
associated with all gaming events.
by Catalin Barboianu.
Paperback: 316 pages.
Review: This book
is from Barboianu's serial of gambling math. Gamblers may
easily skip the math sections and go directly to the odds table
they need, due to a professional organization of the content.
There are sections where certain formulas have never been
worked out before, like Draw Poker odds for opponents, where
you will find odds for one or at least one of your opponents to
make a higher formation than yours, function of your own seen
cards and the number of opponents. The Blackjack section
contains a general formula for calculating the odds of being
hit a favourable card, function of played cards and the number
of decks used. And all have professional tables with numerical
returns. Great job.
Synopsis: Over the
past few decades, gamblers have begun taking mathematics into
account more seriously than ever before. While probability
theory is the only rigorous theory that can model the hazards
of gambling, even in idealized conditions, numerical
probabilities are viewed not only as purely theoretical
information, but also as a decision-making criterion,
especially in gambling.
This book presents the mathematics underlying games of
chance and provides a precise account of the odds associated
with all gaming events. It begins by explaining in simple terms
the meaning of the concept of probability for the layman and
goes on to become an enlightening journey through the
mathematics of chance, randomness and risk.
Readers who do not have a minimal background in mathematics
should skip directly to the "Guide to Numerical Results" to
pick the odds and recommendations they need for the desired
gaming situation. Doing so is possible due to the organization
of that chapter, in which the results are listed at the end of
each section, mostly in the form of tables.
The chapter titled "The Mathematics of Games of Chance"
presents these games not only as a good application field for
probability theory, but also in terms of human actions where
probability-based strategies can be tried to achieve favourable
results.
The book provides great coverage of probabilities for the
following games of chance: Dice, Slots, Roulette, Baccarat,
Blackjack, Five Card Draw Poker, Texas Hold'em Poker, Lottery
and Sport Bets. No formal background in mathematics is
necessary to read these sections, although familiarity with
some probability and set theory notions is helpful.
Most casino games are predisposed to probability-based
decisions. This is why the approach is not an exclusively
statistical one (like many other titles published on this
subject), but analytical: every gaming event is taken as an
individual applied probability problem to solve.
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