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portada Squares & Sharps, Suckers & Sharks: The Science, Psychology & Philosophy of Gambling
Type
Physical Book
Year
2021
Language
English
Pages
352
Format
Paperback
ISBN13
9780857304841

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

Joseph Buchdahl (Author) · High Stakes Publishing · Paperback

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

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

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

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