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.)
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
--This text refers to an out of print or unavailable edition of this title.
Review
'A well told story ... [the author] really knows his stuff. I couldn't put it down. The informal style is terrific; we should have more books written this way... Skiena really knows how to teach.' Persi Diaconis, Stanford University
'The book is easy to follow and provides insight to the beginning student of gambling games.' William T. Ziemba, University of British Columbia
'This funny and utterly compelling book is the story of how Skiena and his students constructed an embarrassingly successful computer program called Maven.' Tony Jones, New Scientist
Calculated Bets
Calculated Bets,Steven Skiena,Ronald Graham,John Barrow,Fan Chung,Ingrid Daubechies,Persi Diaconis,Don Zagier,Cambridge University Press,0521009626,Betting,Computer Simulation,Discrete Mathematics,Gambling,Gambling - General,Jai alai,Mathematical models,Mathematics,Probability & Statistics - General,Science/Mathematics,Betting systems & theories,Computers / General,Mathematical modelling
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