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Gambling and statistical logic

He invented gambling. Richard Epstein's classic book on gambling and its mathematical analysis covers the full range of games from penny matching, to blackjack and other casino games, to the stock market (including Black-Scholes analysis). He even considers what light statistical inference can shed on the study of paranormal phenomena. Recent advances in the field, particularly Parrondo's paradox, have triggered a surge of interest in the statistical and mathematical theory behind gambling. This interest was acknowledge in the motion picture, "21," inspired by the true story of the MIT students who mastered the art of card counting to reap millions from the Vegas casinos. The mathematics of gambling are a collection of probability applications encountered in games of chance and can be included in game CANLITURKCASINO.COM a mathematical point of view, the games of chance are experiments generating various types of aleatory events, the probability of which can be calculated by using the properties of probability on a finite space of events.

Don Schlesinger

He then shifted from spectroscopy to space communications, and worked for eighteen years as an electronics and communications engineer for various U. Donald "Don" Schlesinger is a gaming mathematician , author, lecturer, player, and member of the Blackjack Hall of Fame who specializes in the casino game of blackjack. Cornelius, Dr. Don began his professional life teaching mathematics and French in the New York City school system. From Wikipedia, the free encyclopedia. Under the pseudonym "E.

  Interesting Fact about casino

 

  •   All casinos are built on the principle of the most tangled labyrinths. In the gaming halls there are no direct passages. Because the longer a person walks along the aisles, the more likely that he will play in the meeting slot machines and gambling.
  •  The longest game of poker in the casino is 90 hours. The record belongs to the Irishman Phil Laak. Phil not only set a record, but also won 7 thousand dollars.

Richard Arnold Epstein

Donald "Don" Schlesinger is a gaming mathematician , author, lecturer, player, and member of the Blackjack Hall of Fame who specializes in the casino game of blackjack. His work in the field has spanned almost four decades.

He is the author of the book Blackjack Attack - Playing the Pros' Way , currently in its third edition, which is considered one of the most sophisticated theoretical and practical studies of the game to date. In addition, he holds M. Don began his professional life teaching mathematics and French in the New York City school system. In , he changed professions and, until , was a principal executive director at a Wall Street investment bank.

His contributions to the game include research into optimal betting, risk analysis, optimal back counting , Floating Advantage, camouflage and team play, [3] and card counting systems comparison. In addition, he has contributed to many different issues of the aficionado magazine Blackjack Forum.

From Wikipedia, the free encyclopedia. He is most well known for: Creating the Illustrious 18, an abridged set of the most efficient card counting indices mentioned in most card counting books published in the last 30 years. Stewart N. Ethier Finding the edge: mathematical analysis of casino games By Dr. Olaf Vancura , Dr. Judy A. Cornelius, Dr. William R. Spur of the Moment Publishing. Retrieved Categories : American gambling writers American male non-fiction writers American blackjack players Writers from New York state Living people.

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Details

Stein , is an American game theorist. He obtained his A. He then pursued graduate studies at the University of California Berkeley. He received his doctorate in physics , on the Born formalization of isochromatic lines, in , from the University of Barcelona.

He then shifted from spectroscopy to space communications, and worked for eighteen years as an electronics and communications engineer for various U. Epstein has numerous technical publications in the areas of probability theory , statistics , game theory , and space communications.

In , he was elected to member of the IEEE. He served as a consultant to public and private gambling casinos in Greece and Macao , and has testified on technical aspects of gambling in several court cases. Under the pseudonym "E. Stein", he authored various popular works of fiction as well as historic and non-fictional books, and writes for TV and motion pictures.

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From Wikipedia, the free encyclopedia. This article is about the game theorist. For legal scholar, see Richard Epstein. Not to be confused with Richard Ebstein. Los Angeles , California , United States. Archived from the original on August 19, Retrieved August 19, CS1 maint: archived copy as title link. Categories : 21st-century American physicists Living people births University of Barcelona alumni University of California, Los Angeles alumni Probability theorists.

Namespaces Article Talk. Views Read Edit View history. In other projects Wikiquote. By using this site, you agree to the Terms of Use and Privacy Policy. Physicist and electronic engineer. Parsons-Aerojet Company Glenn L. Wikiquote has quotations related to: Richard Arnold Epstein.

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