Calculated Bets Computers, Gambling, and Mathematical Modeling to Win by Steven Skiena Cambridge University Press, , pgs., with notes and index. Calculated Bets has 74 ratings and 0 reviews. Calculated Bets describes a gambling system that works. Steven Skiena, a jai-alai enthusiast and computer s.. . Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win by Steven Skiena. Article in The Mathematical Gazette 86() · November .
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If I had detailed intra-day falculated information from the National Weather Service, a weather model and a supercomputer I could predict tomorrows exact temperature within a much narrower range of error. Collin rated it liked it Jan 14, Preview — Calculated Bets by Steven S.
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Trivia About Calculated Bets: His research interests include discrete mathematics and its applications, particularly the design of graph, string, and geometric algorithms. Michael Kollegger rated it it was amazing Dec 21, Paperbackpages. Siva rated it liked it Mar 16, You have to teach your classes, and you have to do sskiena committee work, but otherwise what you do with your time is pretty much up to you.
Skiena give the impression that he has fun in his research work and it seems like he might transmit that feeling of fun to his students. In calculating the coefficients for the curve he used to model player or stteven performance, Prof. Skiena does not emphasize the techniques he may have applied to verify the accuracy of his model and avoid over fitting. Jonathan Gibbs rated it it was amazing Jul 09, My library Help Advanced Book Search.
The Impact of the Internet. His research interests include the design of graph, string, and geometric algorithms, and their applications particularly to biology. Russell Swanson rated it liked it Jan 17, Other editions – View all Calculated Bets: There is also a growing literature in statistics on advanced validity and testing techniques bootstrapping, for example.
As I write this review the temperature outside is over 90 degrees Fahrenheit. Calculated Bets describes a gambling system that works.
Skiena’s objective is to build a predictive model that will make money betting on jai alai. After covering the basics of jai alai so that the reader can understand the jai alai model, Calculated Bets introduces the basics of modeling, including Monte Carlo simulation, curve fitting and the problems of model testing, including over-fitting. Tony Tsang rated it it was ok Mar 06, I’ve listed a few references below on modeling financial time series and market data. For the computer scientist interested in modeling building the lack of technical detail can be frustrating.
Like horse racing, Jai alai is a game that the spectators and those “off track” can bet on via the telephone. To ask other readers questions about Calculated Betsplease sign up.
Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win
Bootstrap Methods and their Appliations by A. Who will win the next presidential election? Contents Calculatted Making of A Gambler. Tenure give you the freedom to work on whatever you want.
Finance journal articles can provide a starting point. Goodreads helps you keep track of books you want to read. With humor and enthusiasm, Skiena explains computer predictions used in business, sports, and politics, and the difference between correlation and causation. But we predict minor short term events all the time. His research interests include discrete mathematics begs its applications, particularly the design of graph, string, and geometric algorithms.
Andy rated it really liked it Sep 27, Oren Bochman rated it it was amazing Jan 30, The Predictors was carefully reviewed by the staff of Prediction Company to make sure that very little useful information was provided on the techniques Prediction Company used to build models.
Is This Bum Any Good? Steen prediction and market prediction deal with complex systems which cannot be completely quantified. Even more difficult than building a model is finding the predictors to encorporate into the model.
Perhaps this is the reason that I have seen few books on building financial models, although there are a number of books on specialized topics like time series modeling and prediction. How Should You Bet?
Calculated Bets by Steven Skiena
One technique that can be used in an attempt to uncover predictors is data mining of financial data. I can predict with a high degree of accuracy that tomorrow will have a temperature range between 75 and What is Jai Alai?
Granger Huntress rated it really liked bwts May 31, Georgel rated it it was amazing Jun 30, A university guy looks at mathematically modelling a local sporting event to see if he can beat the odds. Jesse rated it liked it Jul 23, Skiena demonstrates how his jai-alai system functions like a stock trading system, and includes examples of how gambling and mathematics interact in program trading systems, how mathematical models are used in political polling, and what the future holds for Internet gambling.