Calculated Bets
Review Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win
by STEVEN S. SKIENA
Description
In author Steven S. Skiena’s book, “Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win,” reveals to the readers his various techniques for calculating the odds and turning it towards your favor. Being a frequent participant in Jai-Alai and a computer scientist, Skiena proves how his mathematical modeling is able to predict the outcomes of various matches with such staggering accuracy that he could confidently raise his bet by nearly 554% in a year. Apart from betting in mini e-lottery games, “Calculated Bets” points its possibility computation models towards the world of finance, sports, and politics to provide evidence that it does work with the same upbeat results. Steven S. Skiena’s book is sure to amaze readers with the unusual and uncanny capabilities of predictions through mathematics along with the correlation between correlation and causation.
About the Author
Steven S. Skiena is a Distinguished Teaching Professor of Computer Science at Stony Brook University. He is the author of four well-regarded books: The Algorithm Design Manual (2008), Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win (2001), Programming Challenges (with Miguel Revilla, 2003) and Computational Discrete Mathematics (with Sriram Pemmaraju, 2003). Skiena heads the Lydia news/blog analysis project at Stony Brook, using large-scale text analysis to chart the frequency, sentiment, and relationships among millions of people, places, and things. This technology forms the foundation of General Sentiment, where he serves as co-founder and Chief Scientist. Lydia news analysis has been applied to several social science research projects, including financial forecasting and presidential election analysis. The rankings underlying Who’s Bigger? Derive from this analysis.
Table of Contents
- Preface
- Acknowledgements
- The Making of a Gambler
- What is Jai Alai?
- Monte Carlo on the Tundra
- The Impact of the Internet
- Is This Bum Any Good?
- Modeling the Payoffs
- Engineering the System
- Putting My Money Where My Mouth Is
- How Should You Bet?
- Projects to Ponder
- Projects to Ponder
- For Further Reading
- Index
