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Monte Carlo Or Bust: Simple Simulations for Aspiring Sports Bettors by Joseph Buchdahl
In addition to the famous Casino, and the psychological gambling fallacy that shares its name, 'Monte Carlo' is also used to describe a tool of statistical forecasting. A Monte Carlo simulation models the probability of uncertain outcomes that cannot be easily predicted from mathematical equations. This book provides a detailed account for how aspiring sports bettors can use a Monte Carlo simulation to improve the quality, and hopefully profitability, of their betting, and in doing so unravels the mystery of probability and variance that lies at the heart of all gambling.
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Squares & Sharps, Suckers & Sharks: Science, Psychology & Philosophy of Gambling by Joseph Buchdahl
People have been gambling, for money, entertainment, escape and a desire to win, for as long as history itself. However, these are secondary considerations to a craving for a sense of control over uncertainty, a sense that is almost always illusory. To find out why, Joseph Buchdahl explores the science of chance and probability, expectation and utility, the irrationality of human beings, evolutionary perspectives on gambling, luck and skill, the wisdom of crowds and much more besides. Read more here...
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How to Find a Black Cat in a Coal Cellar: The Truth about Sports Tipsters by Joseph Buchdahl
How do we know if a tipster can beat the bookmaker? That's easy: just look at his bank balance. But how do we know if he's not just been lucky? This book examines the techniques available to answer that question and to help the punter find value for money in an industry that is largely built on amateurism, trust and the influence of chance.
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Also by the same author Fixed Odds Sports Betting
This book examines, through various numerical techniques, how fixed odds punters may learn to beat the bookmaker, protect profits through a sensible approach to risk management, and turn high-risk gambling into a form of low-risk investment. Topics include value betting, rating systems, profitability and risk, singles vs accies, staking plans and money management, favourite-longshot bias and significance testing.
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