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The Perfect Bet: How Science and Math Are Taking the Luck Out of Gambling

The Perfect Bet: How Science and Math Are Taking the Luck Out of Gambling

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Key Metrics

  • Adam Kucharski
  • HighBridge Audio
  • Audio
  • 9781681680583
  • 5.5 X 6.4 X 1 inches
  • 0.4 pounds
  • Mathematics > History & Philosophy
  • English
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Book Description

Bringing together ideas from mathematics, psychology, economics and physics, The Perfect Bet traces the origins of successful betting methods. From the simple to the intricate, and the audacious to the absurd, Adam Kucharski reveals the long and tangled history between betting and science, and explains why gambling continues to generate insights into luck and decision-making today. Covering exploits and ideas from across the globe, he meets the teams behind hedge funds that capitalize on inaccurate sports betting odds, and explains how PhD-level pundits are using methods originally developed for the U. S. nuclear program to predict sports results. Kucharski reveals why winning at chess depends on luck-but victory in checkers does not-and why poker is one of the ultimate challenges for artificial intelligence. He also explores the difficulties of mimicking human behavior, and explains what caused one hedge fund's rogue algorithm to lose them $400,000 per second in the summer of 2012.
The Perfect Bet: How Science and Math Are Taking the Luck Out of Gambling

Author Bio

I'm Adam Kucharski. I am an Associate Professor and Sir Henry Dale Fellow at the London School of Hygiene & Tropical Medicine, where I work on mathematical analysis of infectious disease oubreaks.

I also write about science, and my articles have appeared in places like Wired, Financial Times, Scientific American, The Times and The Observer. My new book is The Rules of Contagion.

My research focuses on the dynamics of infectious diseases. In particular, I am interested in how social behaviour and immunity shape disease transmission, and how knowledge of such processes can enhance control measures. This work is funded by a Wellcome Trust/Royal Society Sir Henry Dale Fellowship.

From 2013–17, I held a Medical Research Council Career Development Award in Biostatistics. Prior to joining the School in October 2013, I was a postdoc at Imperial College London. I have a degree in mathematics from the University of Warwick (2009) and a PhD in applied mathematics from the University of Cambridge (2012).

 

Source: London School of Hygiene & Tropical Medicine 

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