Squares and Sharps, Suckers and Sharks Book Reviews

AUTHOR
Joseph Buchdahl
SCORE
0
TOTAL RATINGS
188

Squares and Sharps, Suckers and Sharks by Joseph Buchdahl Book Summary

People have been gambling, in one form or another, for as long as history itself. Why? Money, entertainment, escape and a desire to win are all traditional explanations. Arguably, however, these are secondary considerations to a higher order purpose: a craving for control. Gambling offers a means of gaining authority over the unknown, granting us a sense of control over uncertainty. Almost always that sense is illusionary—gambling, including betting and investing, is essentially random—yet for many it is nonetheless profoundly rewarding. This book attempts to explore the reasons why. Along the way, it examines the science of probability and uncertainty, why gambling is often condemned, the difference between expectation and utility, the irrationality of human beings, evolutionary perspectives on gambling, luck and skill, market efficiency and the wisdom of crowds, why winners take all, cheating, and why the process matters more than the outcome.

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Book Name Squares and Sharps, Suckers and Sharks
Genre Games
Published
Language English
E-Book Size 4.26 MB

Squares and Sharps, Suckers and Sharks (Joseph Buchdahl) Book Reviews 2024

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Monte Carlo or Bust 0/5 0 $11.99

Summary of Squares and Sharps, Suckers and Sharks by Joseph Buchdahl

The Squares and Sharps, Suckers and Sharks book written by Joseph Buchdahl was published on 27 May 2016, Friday in the Games category. A total of 188 readers of the book gave the book 0 points out of 5.

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