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The Mathematics of Poker

Condition: BRAND NEW
ISBN: 9781886070257
Author(s): William Chen
Format: Paperback
Year: 2006
Edition: 1st
Publisher: Conjelco
Dimensions: 154 x 229 x 20 (w x l x h)
Pages: 382

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Annotation:
Thirty years ago the bond and option markets were dominated by traders who had learned their craft by experience. By the mid-1990s the old school grizzled traders had been replaced by a new breed of quantitative analysts, applying mathematics to the "art" of trading and making of it a science. A similar phenomenon is happening in poker. The grizzled "road gamblers" are being replaced by a new generation of players who 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. This book provides an introduction to quantitative techniques as applied to poker and to a branch of mathematics that is particularly applicable to poker, game theory, in a manner that makes seemingly difficult topics accessible to players without a strong mathematical background.

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