The Perfect Bet: How Science and Maths are Taking the Luck Out of Gambling

by Adam Kucharski

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Book cover for The Perfect Bet

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Gamblers have been trying to figure out how to game the system since our ancestors first made wagers over dice fashioned from knucklebones: in revolutionary Paris, the 'martingale' strategy was rumoured to lead to foolproof success at the roulette table; now, in the 21st century, professional gamblers are using cutting-edge techniques to tilt the odds further in their favour. At the roulette wheel, card table or racecourse, science is giving us the competitive edge over opponents, casinos and bookmakers. But is there such a thing as a perfect bet?

The Perfect Bet looks beyond probability and statistics to examine how wagers have inspired a plethora of new disciplines - spanning chaos theory, behavioural psychology, machine learning and game theory - which are not just revolutionising gambling, but changing our fundamental notions about chance, randomness and luck.

Explaining why poker is gaming's last bastion of human superiority over artificial intelligence, how methods originally developed for the US nuclear programme are helping pundits predict sports results and how a new breed of algorithms are managing to lose banks and asset traders millions, The Perfect Bet has the inside track on just about any wager you'd care to place.
  • ISBN10 1781255466
  • ISBN13 9781781255469
  • Publish Date 5 May 2016 (first published 23 February 2016)
  • Publish Status Out of Print
  • Out of Print 29 July 2021
  • Publish Country GB
  • Imprint Profile Books Ltd
  • Edition Main
  • Format Paperback (UK Trade)
  • Pages 288
  • Language English