The Mathematics Of Poker
  • The Mathematics Of Poker
  • The Mathematics Of Poker
  • The Mathematics Of Poker
ISBN: 1886070253
EAN13: 9781886070257
Language: English
Release Date: Dec 1, 2006
Pages: 382
Dimensions: 1" H x 8.8" L x 6" W
Weight: 1.15 lbs.
Format: Paperback
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Book Overview

In the late 1970s and early 1980s, the bond an option markets were dominated by traders who had learned their craft by experience. They believed that there experience and intuition for trading were a renewable edge; this is, that they could make money just as they always had by continuing to trade as they always had. By the mid-1990s, a revolution in trading had occurred; the old school grizzled traders had been replaced by a new breed of quantitative analysts, applying mathematics to the art of trading and making of it a science.

Similarly in poker, for decades, the highest level of pokers have been dominated by players who have learned the game by playing it, road gamblers who have cultivated intuition for the game and are adept at reading other players' hands from betting patterns and physical tells.

Over the last five to ten years, a whole new breed has risen to prominence within the poker community. Applying the tools of computer science and mathematics to poker and sharing the information across the Internet, these players have challenged many of the assumptions that underlie traditional approaches to the game. One of the most important features of this new approach is a reliance on quantitative analysis and the application of mathematics to the game.

The intent of this book is to provide an introduction to quantitative techniques as applied to Read More chevron_right

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