Listen free for 30 days
-
Perfect Bet
- How Science and Math Are Taking the Luck out of Gambling
- Narrated by: Jonathan Yen
- Length: 8 hrs and 34 mins
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wish list failed.
Follow podcast failed
Unfollow podcast failed
Perfect Bet
Buy Now for $27.77
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
Publisher's Summary
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 US 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.