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Taking Chances: Winning With Probability

Taking Chances: Winning With Probability

List Price: $17.95
Your Price: $17.95
Product Info Reviews

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Rating: 5 stars
Summary: You bet
Review: An excellent account of probability theory. Whilst definitely geared towards gambling it also sheds new light on some fundamental probability topics.

The text sometimes does get a little numerical - at the expense of the theoretical - but this is not necessarily a bad thing.

The only question I have about the book is why is there no mention of Bayes? Surely a fundamental contributor to probability theory.

Rating: 5 stars
Summary: You bet
Review: An excellent account of probability theory. Whilst definitely geared towards gambling it also sheds new light on some fundamental probability topics.

The text sometimes does get a little numerical - at the expense of the theoretical - but this is not necessarily a bad thing.

The only question I have about the book is why is there no mention of Bayes? Surely a fundamental contributor to probability theory.

Rating: 4 stars
Summary: Taking Chances
Review: This is a very practical book on probability using common games (cards, dice, coin-toss, etc.) as examples. Explanations are thorough without being too technical. The appendices go into more mathematical detail for those so inclined. The author is British so everything has that slant (money in pounds and pence, Grand National, and so on), but that's not a problem. There's a lot of information packed into the 330 pages of this paperback since the type is fairly small.

Rating: 4 stars
Summary: Taking Chances
Review: This is a very practical book on probability using common games (cards, dice, coin-toss, etc.) as examples. Explanations are thorough without being too technical. The appendices go into more mathematical detail for those so inclined. The author is British so everything has that slant (money in pounds and pence, Grand National, and so on), but that's not a problem. There's a lot of information packed into the 330 pages of this paperback since the type is fairly small.

Rating: 4 stars
Summary: Loose thinking can cost money...
Review: While the book is mainly written on probability in games, which has already been covered in many books, the author coveres the basics of probability and coin tossing very nicely. He also covers the theory of dices thoroughly and approaches "Games with few choices" (Game Theory) with great enthusiasm. Finally the chapter "Probability for Lawyers" with it's terms such as the prosecutors fallacy and the defence attorne's fallacy are a must read for every person interested in the fascinating subject of probabiliy. PS: second edition covers now Bayes's theorem (previous readers criticised the author of missing this important theory in the first issue)


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