The Book That Made Las Vegas Change the Rules Over 1,000,000 Copies in Print Edward O. Thorp is the father of card counting, and in this classic guide he shares the revolutionary point system that has been successfully used by professional and amateur card players for generations. This book provides: o an overview of the basic rules of the game o proven winning strategies ranging from simple to advanced o methods to overcome casino counter measures o ways to spot cheating o charts and tables that clearly illustrate key concepts A fascinating read and an indispensable resource for winning big, Beat the Dealer is the bible for players of this game of chance. **Bring these strategies into the casino: Perforated cards included in the book**

Beat the Dealer: A Winning Strategy for the Game of Twenty-One

Thorp, Edward O.

Reference

Vintage

The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. A child of the Great Depression, legendary mathematician Edward O. Thorp invented card counting, proving the seemingly impossible: that you could beat the dealer at the blackjack table. As a result he launched a gambling renaissance. His remarkable success—and mathematically unassailable method—caused such an uproar that casinos altered the rules of the game to thwart him and the legions he inspired. They barred him from their premises, even put his life in jeopardy. Nonetheless, gambling was forever changed. Thereafter, Thorp shifted his sights to “the biggest casino in the world”: Wall Street. Devising and then deploying mathematical formulas to beat the market, Thorp ushered in the era of quantitative finance we live in today. Along the way, the so-called godfather of the quants played bridge with Warren Buffett, crossed swords with a young Rudy Giuliani, detected the Bernie Madoff scheme, and, to beat the game of roulette, invented, with Claude Shannon, the world’s first wearable computer. Here, for the first time, Thorp tells the story of what he did, how he did it, his passions and motivations, and the curiosity that has always driven him to disregard conventional wisdom and devise game-changing solutions to seemingly insoluble problems. An intellectual thrill ride, replete with practical wisdom that can guide us all in uncertain financial waters, A Man for All Markets is an instant classic—a book that challenges its readers to think logically about a seemingly irrational world. Praise for A Man for All Markets “In A Man for All Markets, [Thorp] delightfully recounts his progress (if that is the word) from college teacher to gambler to hedge-fund manager. Along the way we learn important lessons about the functioning of markets and the logic of investment.”—The Wall Street Journal “[Thorp] gives a biological summation (think Richard Feynman’s Surely You’re Joking, Mr. Feynman!) of his quest to prove the aphorism ‘the house always wins’ is flawed. . . . Illuminating for the mathematically inclined, and cautionary for would-be gamblers and day traders”— Library Journal

A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market

Biographies & Memoirs

Professionals & Academics

Random House Trade Paperbacks

Random House]

Elementary Probability

Science & Math

Mathematics

Krieger Pub. Co

Run Time: 51.08 minutes Quant legend Ed Thorp shares several unifying concepts that have helped his thinking over the last five decades in finance: - “The map is not the territory” highlights the repeatedly and sometimes disastrous overlooked limitations of quantitative financial models. - The related randomness, even folly, of much expert opinion and the difference between “hedgehogs” and foxes” tells us that if it’s important, verify the facts and then think for yourself in forming your own opinion. - When the invisible hand becomes a visible foot in the mouth, the tragedy of the commons, and the proper pricing of externalities are repeatedly overlooked. Critical for long term investors: The secular pricing of securities, even the fate of empire, is largely determined by the aggregate behavior of the politically connected rich, those among the 0.01% who use government to extract excess wealth (rents) from everyone else. This video, one of six from the Wiley WILMOTT Summit on Risk and Quantitative Modeling in Finance, held on the 11th December 2012 at Columbia University, New York feature the presentations from thought leaders and industry experts aiming to draw together some of the lessons of the last decade in order to restate the discipline’s fundamental role in driving the future success of the global market economy. This is the time to define what quantitative finance really means beyond the fallout of the global financial crisis and to identify the technology and techniques that will power innovation and growth. Videos in this series include: Paul Wilmott - Recent Advances in Stupid Ideas in Quant Finance Kent Osband - Fooled by Rational Turbulence Aaron Brown - And The Cows That Were Ugly and Gaunt Ate Up The Seven Sleek, Fat Cows Patrick S. Hagan - On Beyond Black: Volatility Surfaces and Dark Noise Edward O. Thorp - What Finance Has Taught Me Chaired by Jack Schwager – Wiley Wilmott Summit Debate, Is Finance the sickness or the cure? Joined by Paul Wilmott, Kent Osband, Aaron Brown and Patrick S. Hagan

What Finance Has Taught Me: The Sometimes Disastrous Limitations of Quant Financial Models and Related Randomness of Expert Opinion

wiley

2015 Reprint of 1963 Edition. Full Facsimile of the original edition. Not reproduced with Optical Recognition Software. Co-written by the author of the "Beat the Dealer", this work provides a mathematically based model intended to improve the chances of winning not only in Baccarat, but in black jack and other games of chance. Language is quite technical, but parts are accessible to the average player and the theory informs all of Thorp's and Walden's more popular work. A scarce scholarly treatise on probability and its application to games of chance.

A Winning Bet in Nevada Baccarat

Humor & Entertainment

Walden, William

Puzzles & Games

Martino Fine Books

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