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Books > Sport & Leisure > Hobbies, quizzes & games > Gambling
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Squares and Sharps, Suckers and Sharks - The Science, Psychology and Philosophy of Gambling (Paperback, 2 New Edition)
Loot Price: R756
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Squares and Sharps, Suckers and Sharks - The Science, Psychology and Philosophy of Gambling (Paperback, 2 New Edition)
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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 illusory - 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
General
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