The Perfect Bet by Adam Kucharski
How Science and Math Are Taking the Luck Out of Gambling
A lively exploration of how probability, statistics and decision theory have transformed gambling from pure luck into a field where skillful modeling and risk management can create an edge; through historical episodes, case studies and accessible explanations of concepts like the Kelly criterion, card counting, odds-making and prediction markets, the book shows how data-driven thinking uncovers value, quantifies uncertainty and shapes better choices in betting and beyond, while also probing the limits, pitfalls and human factors that complicate attempts to make a ‘perfect’ wager.
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- Nationality
- British
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- Original Language
- English
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