Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win

‘A well told story … [the author] really knows his stuff. I couldn’t put it down. The informal style is terrific; we should have more books written this way … Skiena really knows how to teach.’ Persi Diaconis, Stanford University ‘The book is easy to follow and provides insight to the beginning student of gambling games.’ William T. Ziemba, University of British Columbia ‘This funny and utterly compelling book is the story of how Skiena and his students constructed an embarrassingly successful computer program called Maven.’ Tony Jones, New Scientist ‘The book teaches with humor and enthusiasm how to use statistical data and analyze them, how to use computers for processing data, how to create mathematical models that fit your problem, and many other interesting things.’ Zentralblatt fur Mathematik und ihre Grenzgebiete Mathematics Abstracts ‘This interesting book is about a gambling system that works. His methods can work for anyone; at the end of the book the author describes the best way to bet on jai alai. The book will be surely of interest not only for the fun of jai alai, but also for all those who would like to learn about the program trading systems, the future of internet gambling, how mathematical methods are used in political polling, what is the difference between the correlation and causality, and so on. If you are interested in gambling and mathematics, the odds are that this is a book for you!’ EMS ‘Interspersed with this account are many valuable digressions which make the book a very good general introduction to the ideas of modelling and simulation, enlivened by the highly practical example which forms its core. Skiena writes with wit, clarity and enthusiasm, and his story is an enthralling one. No matter if (like me) you have never heard of Jai Alai before, or never bet on a horse or bought a lottery ticket in your life, the reader identifies with Skiena’s quest, and shares vicariously in his success.’ The Mathematical Gazette

Steven Skiena is Distinguished Teaching Professor of Computer Science at Stony Brook University. His research interests include the design of graph, string, and geometric algorithms, and their applications (particularly to biology). He is the author of five books, including The Algorithm Design Manual and Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win. He is co-founder and Chief Scientist at General Sentiment, a media measurement company based on his Lydia text/sentiment analysis system. Skiena received his PhD in Computer Science from the University of Illinois in 1988, and is the author of over 130 technical papers. He is a former Fulbright scholar, and a recipient of the ONR Young Investigator Award and the IEEE Computer Science and Engineer Teaching Award.