Basic Gambling Mathematics: The Numbers Behind The Neon

Basic Gambling Mathematics: The Numbers Behind the Neon, Second Edition
explains the mathematics involved in analyzing games of chance, including
casino games, horse racing and other sports, and lotteries. The book helps readers
understand the mathematical reasons why some gambling games are better
for the player than others. It is also suitable as a textbook for an introductory
course on probability.
Along with discussing the mathematics of well-known casino games, the authorexamines game variations that have been proposed or used in actual casinos. Numerous examples illustrate the mathematical ideas in a range of casino games
while end-of-chapter exercises go beyond routine calculations to give readers
hands-on experience with casino-related computations.
Mark Bollman is Professor of Mathematics and chair of the Department of
Mathematics & Computer Science at Albion College in Albion, Michigan, and has
taught 118 different courses in his career. Among these courses is “Mathematics of
the Gaming Industry,” where mathematics majors carefully study the math behind
games of chance and travel to Las Vegas, Nevada, in order to compare theory and
practice. He has also taken those ideas into Albion’s Honors Program in “Great
Issues in Humanities: Perspectives on Gambling,” which considers gambling from
literary, philosophical, and historical points of view as well as mathematically.
Mark has also authored Mathematics of Keno and Lotteries, Mathematics
of Casino Carnival Games, and Mathematics of The Big Four Casino Table
Games: Blackjack, Baccarat, Craps, & Roulette.