Calculated Bets

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Review Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win 



Mathematics behind gambling systems – this is what Calculated Bets expose. A computer scientist and gambling enthusiast, Steven Skiena bares his discoveries and explorations in using computer simulations as well as modeling techniques to scientifically predict the results of jai-alai games resulting in an increased stake by more than five hundred percent in a year.

He gives an account of the role of Mathematics in gambling and how math models are used in political polling. He also gives his take on the future of online gambling. The book also reveals computer predictions that were utilized in different sectors, including sports and politics. 

Read Calculated Bets to unravel the science behind gambling and the mathematical concepts that run the predictive results of games and surveys 

About the Author

Steven Skiena wrote several books, including The Algorithm Design Manual. He is teaching Computer Science at Stony Brook University. He was awarded the ONR Young Investigator’s Award and the Chancellor’s Award for Excellence in Teaching. He co-founded the Chief Scientist at General Sentiment, a media measurement firm run by his sentiment analysis system. Aside from books, he also wrote more than a hundred technical papers. He is fond of studying the geometric algorithm and its application.

Table of Contents

The book contains the following topics:



1 The Making of a Gambler

2 What is Jai Alai?

3 Monte Carlo on the Tundra

4 The Impact of the Internet

5 Is This Bum Any Good?

6 Modeling the Payoffs

7 Engineering the System

8 Putting My Money Where My Mouth Is

9 How Should You Bet

10 Projects to Ponder


For Further Reading