• Summary
  • Contents
  • Subject index

Providing cutting-edge perspectives and real-world insights into the greater utility of probability and its applications, the Handbook of Probability offers an equal balance of theory and direct applications in a non-technical, yet comprehensive, format.

19 Gambling
19 Gambling
ChasFriedman
Introduction

The present chapter is intended to be an elementary introduction to the applications of probability (and some statistics) to gambling. It is certainly not comprehensive; very thorough treatises (e.g., Epstein, 1977) already exist, and this chapter in no way attempts to compete with those. ...

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