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Gambling Theory and Other Topics | 
 enlarge | Author: Mason Malmuth
Publisher: Two Plus Two Pub.
Category: Book
List Price: $29.95
Buy New: $18.78
You Save: $11.17 (37%)
New (15) Used (10) from $9.89
Rating:  7 reviews
Sales Rank: 286715
Media: Paperback
Edition: 6th
Pages: 397
Number Of Items: 1
Shipping Weight (lbs): 1.3
Dimensions (in): 8.4 x 5.5 x 1.3
ISBN: 1880685035
Dewey Decimal Number: 795.01
EAN: 9781880685037
ASIN: 1880685035
Publication Date: June 1, 2004
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.
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Product Description
Most people who gamble are attracted by the action and excitement that this form of entertainment offers. But a small number of people are actually quite successful at gambling. How is this so? Why is it that these few can constantly make decisions that devastate their opponents? And what do you need to do to also become successful at this extremely challenging occupation? Gambling Theory and Other Topics was written in an attempt to answer these questions. In this book, you will be introduced to the dynamic concept of non-self-weighting strategies and shown how these strategies apply not only at the very exciting gaming tables but also in real life. In addition, risk and fluctuations are discussed in terms of the statistical standard deviation, and it is explained how these relate to each other as well as to your bankroll. Some of the other topics addressed are bankroll requirements, win-rate accuracy, free bets, which blackjack count is best, lottery fallacies, dangerous ideas, poker tournament strategies (including when it is correct to rebuy), settling up in tournaments, pai gow poker, super pan nine, the world's greatest gamblers, building pyramids, and much more. This text is absolutely must reading for all serious gamblers. Many of the ideas and concepts discussed must be mastered to ensure survival and success in this extremely challenging and highly rewarding profession.
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| Customer Reviews: Read 2 more reviews...
Great book on why fluctuations are so high March 31, 2008
Thomas P. Allen (Olympia, WA, USA)
Enlightening book on why even though you are a winner in the long run your short term fluctuations can be so large. Great section on bankroll requirements.
 A "must read" book June 17, 2006
D. Eisenberg (Nevada)
1 out of 4 found this review helpful
I have many books that tell me "what" to do. This is the only one that really explains "why" to do it. While not always easy reading, there are amazing and valuable lessons in here. The topics apply directly to poker but also to Life.
 time for a revised edition...? December 13, 2005
J. Rubino (Simi Valley,Ca USA)
9 out of 13 found this review helpful
When this book came out it garnered a lot of respect within the poker world. Even today his section on the standard deviation and it's importance to poker players understanding how good or bad they can run just as a function of luck as well as "non-self weighting poker ideas" are still considered required reading by many players..
Unfortunately, much of the rest of the book is outdated and of little use to today's players: He discusses lowball and jacks or better draw, he discusses "bingo", he talks about the "new games" of PaiGow and Pan 9. This book is almost 19 years old now much of the original text is outdated or obsolete. Another section that seems a bit suspect is his discussion of tournaments. Although it contains some interesting mathematical ideas, it seems of little use in the "real" world of tournament poker. The fact that Malmouth chooses not to play in tournaments has stirred controversy over the years from those whose primary involvement in poker is tournaments. This text( with the noted exceptions in paragraph one) is in need of an overhaul in my opinion and is not much more than an interesting philosophical or theoretical overview of gambling.
One other section that is actually of value is his review of many of the popular gambling and poker titles by other writers. A number of players I have talked with like this section the best as it gives them direction in their book reading and book buying decisions.
Fundamental understanding of gamling July 25, 2005
Leiv K. Johannessen (Norway)
3 out of 6 found this review helpful
The book gives a understanding of how gamling works. It explains the fluctation that create illusions among players. Illusions about how good they are, what card that makes a profit. If you want to be a serious poker player, this book gives you a fundamental understanding that you fail to find in other poker books.
Great Book August 19, 2004
1 out of 14 found this review helpful
This book helped me incredibly understand the odds and help beat the casino at their games. I recommend it.
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