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Many Faces of the Gambler's Fallacy

Many Faces of the Gambler's Fallacy
Author: Ruma Falk
Publisher: Createspace Independent Publishing Platform
Total Pages: 0
Release: 2016
Genre: Chance
ISBN: 9781540657701

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The series of heads and tails obtained when tossing a fair coin exemplifies a random sequence. Randomness defies a strict definition, yet it is widely used in daily and scientific discourse. When perceiving or producing randomness, people err by exaggeratedly expecting a change after a few identical symbols. This is the gambler's fallacy (GF). Diverse real manifestations of GF, in casino or lottery decisions, expressions in fiction and art, and uses in deciphering codes, are all described, interwoven with stories and anecdotes. The roots of GF are presumably ascribed to one's inability to forget or ignore previous stimuli in a sequence. Students, not only of psychology, and other inquisitive readers may find the GF issue challenging.


What's Luck Got to Do with It?

What's Luck Got to Do with It?
Author: Joseph Mazur
Publisher: Princeton University Press
Total Pages: 296
Release: 2010-06-06
Genre: Games & Activities
ISBN: 0691138907

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Mathematician Mazur traces the history of gambling from the earliest known archaeological evidence of dice-playing among Neolithic peoples to the first systematic mathematical games of change during the Renaissance, and explains the mathematics behind gambling--including the laws of probability, statistics, and betting against expectations. Photos.


Selling Hope

Selling Hope
Author: Charles T. Clotfelter
Publisher: Harvard University Press
Total Pages: 340
Release: 1991
Genre: Business & Economics
ISBN: 9780674800984

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With its huge jackpots and heartwarming rags-to-riches stories, the lottery has become the hope and dream of millions of Americans--and the fastest-growing source of state revenue. Despite its popularity, however, there remains much controversy over whether this is an appropriate business for state government and, if so, how this business should be conducted.


The Casino Gambler's Guide

The Casino Gambler's Guide
Author: Allan N. Wilson
Publisher:
Total Pages: 342
Release: 1965
Genre: Gambling
ISBN:

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Problem Gambling

Problem Gambling
Author: F. Gobet
Publisher: Palgrave Macmillan
Total Pages: 0
Release: 2014-10-29
Genre: Psychology
ISBN: 9781137272416

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Problem gambling is a perennial issue frequently reported in the media. This book is a comprehensive and up-to-date resource on problem gambling research. It describes the state of the art of the subject and presents the latest developments such as computer modelling of gambling behaviour and risk profiles of gambling products.


Multidisciplinary Approaches to Neural Computing

Multidisciplinary Approaches to Neural Computing
Author: Anna Esposito
Publisher: Springer
Total Pages: 388
Release: 2017-08-28
Genre: Technology & Engineering
ISBN: 331956904X

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This book presents a collection of contributions in the field of Artificial Neural Networks (ANNs). The themes addressed are multidisciplinary in nature, and closely connected in their ultimate aim to identify features from dynamic realistic signal exchanges and invariant machine representations that can be exploited to improve the quality of life of their end users. Mathematical tools like ANNs are currently exploited in many scientific domains because of their solid theoretical background and effectiveness in providing solutions to many demanding tasks such as appropriately processing (both for extracting features and recognizing) mono- and bi-dimensional dynamic signals, solving strong nonlinearities in the data and providing general solutions for deep and fully connected architectures. Given the multidisciplinary nature of their use and the interdisciplinary characterization of the problems they are applied to – which range from medicine to psychology, industrial and social robotics, computer vision, and signal processing (among many others) – ANNs may provide a basis for redefining the concept of information processing. These reflections are supported by theoretical models and applications presented in the chapters of this book. This book is of primary importance for: (a) the academic research community, (b) the ICT market, (c) PhD students and early-stage researchers, (d) schools, hospitals, rehabilitation and assisted-living centers, and (e) representatives of multimedia industries and standardization bodies.


Statistics Hacks

Statistics Hacks
Author: Bruce Frey
Publisher: "O'Reilly Media, Inc."
Total Pages: 360
Release: 2006-05-09
Genre: Mathematics
ISBN: 0596553994

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Want to calculate the probability that an event will happen? Be able to spot fake data? Prove beyond doubt whether one thing causes another? Or learn to be a better gambler? You can do that and much more with 75 practical and fun hacks packed into Statistics Hacks. These cool tips, tricks, and mind-boggling solutions from the world of statistics, measurement, and research methods will not only amaze and entertain you, but will give you an advantage in several real-world situations-including business. This book is ideal for anyone who likes puzzles, brainteasers, games, gambling, magic tricks, and those who want to apply math and science to everyday circumstances. Several hacks in the first chapter alone-such as the "central limit theorem,", which allows you to know everything by knowing just a little-serve as sound approaches for marketing and other business objectives. Using the tools of inferential statistics, you can understand the way probability works, discover relationships, predict events with uncanny accuracy, and even make a little money with a well-placed wager here and there. Statistics Hacks presents useful techniques from statistics, educational and psychological measurement, and experimental research to help you solve a variety of problems in business, games, and life. You'll learn how to: Play smart when you play Texas Hold 'Em, blackjack, roulette, dice games, or even the lottery Design your own winnable bar bets to make money and amaze your friends Predict the outcomes of baseball games, know when to "go for two" in football, and anticipate the winners of other sporting events with surprising accuracy Demystify amazing coincidences and distinguish the truly random from the only seemingly random--even keep your iPod's "random" shuffle honest Spot fraudulent data, detect plagiarism, and break codes How to isolate the effects of observation on the thing observed Whether you're a statistics enthusiast who does calculations in your sleep or a civilian who is entertained by clever solutions to interesting problems, Statistics Hacks has tools to give you an edge over the world's slim odds.


Gamble to Win

Gamble to Win
Author: R. D. Ellison
Publisher: Lyle Stuart
Total Pages: 276
Release: 2002
Genre: Games & Activities
ISBN: 9780818406270

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A revolutionary new strategy reverses the house edge to a player advantage of seven percent.


Online Statistics Education

Online Statistics Education
Author: David M Lane
Publisher:
Total Pages: 406
Release: 2014-12-02
Genre:
ISBN: 9781687894250

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Online Statistics: An Interactive Multimedia Course of Study is a resource for learning and teaching introductory statistics. It contains material presented in textbook format and as video presentations. This resource features interactive demonstrations and simulations, case studies, and an analysis lab.This print edition of the public domain textbook gives the student an opportunity to own a physical copy to help enhance their educational experience. This part I features the book Front Matter, Chapters 1-10, and the full Glossary. Chapters Include:: I. Introduction, II. Graphing Distributions, III. Summarizing Distributions, IV. Describing Bivariate Data, V. Probability, VI. Research Design, VII. Normal Distributions, VIII. Advanced Graphs, IX. Sampling Distributions, and X. Estimation. Online Statistics Education: A Multimedia Course of Study (http: //onlinestatbook.com/). Project Leader: David M. Lane, Rice University.


Secrets of Winning Baccarat

Secrets of Winning Baccarat
Author: Brian Kayser
Publisher: Simon and Schuster
Total Pages: 260
Release: 2003-04-22
Genre: Games & Activities
ISBN: 9781580420877

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The good news: For the average player, baccarat offers the best odds in the house, giving the house barely a 1 per cent edge without using any winning strategies.