Calculated Bets Computers, Gambling, and Mathematical Modeling to Win by Steven Skiena Cambridge University Press, , pgs., with notes and index. Calculated Bets has 74 ratings and 0 reviews. Calculated Bets describes a gambling system that works. Steven Skiena, a jai-alai enthusiast and computer s.. . Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win by Steven Skiena. Article in The Mathematical Gazette 86() · November .

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For the computer scientist interested in modeling building the lack of technical detail can be frustrating.

Paperbackpages. John BarrowRonald Graham. Skiena does not emphasize the techniques he may have applied to verify the accuracy of his model and avoid over fitting. To ask other readers questions about Calculated Betsplease sign up.

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

Selected pages Title Page. Georgel rated it it was amazing Jun 30, Jonathan Gibbs rated it czlculated was amazing Jul 09, P rated it did not like it May 11, Where will the Standard and Poor index of the stock market close a year from now?

Calculated Bets describes a gambling system that works. Skiena points out in a brief digression on the book The Bible Calclatedover-fitting a data set can lead to erroneous conclusions. Want to Read saving…. Weather prediction and market prediction deal with complex systems which cannot be completely quantified.

Books by Steven S. Saurabh Sawlani rated it did not like it Jul 11, Derek Ladd rated it it was amazing May 18, Goodreads helps you keep track of books you want to read. Collin rated it liked it Jan 14, Computers, Gambling, and Mathematical Modeling to Win.

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Calculated Bets by Steven Skiena

There are no discussion topics on this book yet. How Should You Bet?

If I wanted to devote a little effort to an interesting mathematical modeling problem, well, nobody was going to stop me. Henk Pechler rated it really liked it Jun 07, The “interesting mathematical modeling problem”, which is recounted in Calculated Betsis the construction of a predictive computer model for the game of jai alai. Return to Book Page. To see what your friends thought of this book, please sign up.

Calculated Bets is written at an advanced Scientific American readership level. Jai alai is a sport of Basque origin in which opposing players or teams alternate hurling a ball against the wall and catching it until one of them finally misses and loses the point.

Preview — Calculated Bets by Steven S. The idea of predicting the future has a magical aura. His research interests include discrete mathematics and its applications, particularly the design of graph, string, and geometric algorithms.

Skiena received his PhD in Computer Science from the University of Illinois inand is the author of over technical papers. I can predict with a high degree of accuracy that tomorrow will have a temperature range between 75 and Cambridge University Press Amazon. No trivia or quizzes yet. So while Calculated Bets provides an decent starting point, there is no defined path that I know of for those who want to implement predictive models.

If I had detailed intra-day weather information from the National Weather Service, a weather model and a supercomputer I could predict tomorrows exact temperature within a much narrower range of error. Trivia About Calculated Bets: Granger Huntress rated it really liked it May 31, Skiena give the impression that he has fun in his research work and it seems like he might transmit that feeling of fun to his students. But we predict minor short term events all the time.


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A university guy looks at mathematically modelling a local sporting event to see if he can beat the odds. His research interests include the design of graph, string, and geometric algorithms, and their applications particularly to biology.

Michael Kollegger rated it it was amazing Dec 21, Many people who work on financial models that are used to drive real trading systems feel that those who know how to build good models are trading them, not writing about them. His descriptions of these outings and the small bets he and his brothers made using Pepe’s Green Card a jai alai tip sheet, cakculated at the fronton are amusing and charming.

Bootstrap Methods and their Appliations by Bes. Blake Pengelly rated it liked it Mar 17,