Squares & Sharps, Suckers & Sharks: The Science, Psychology & Philosophy of Gambling

· Oldcastle Books
3.5
2 reviews
Ebook
352
Pages

About this ebook

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; Why the process matters more than the outcome.
3.5
2 reviews

About the author

Joseph Buchdahl runs the website Sports-Tipsters.co.uk, independently verifying online sports betting advisory services to provide a measure of quality control and a means of demonstrating transparency, validity and reliability for a sports tipping industry that is otherwise unregulated. He is the author of Squares & Sharps, Suckers & Sharks (May 2016), How To Find a Black Cat in a Coal Cellar and the perennial bestseller Fixed Odds Sports Betting, all published by High Stakes Publishing.

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