gambling « Alen Malhasoglu's Blog

bookmaking

Mathematics of bookmaking “In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The term originates from the practice of recording such wagers in a hard-bound ledger (the ‘book’) and gives the English language the term bookmaker for the person laying the bets and […]

taxes in betting, gambling

General betting duty http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_CL_000255&propertyType=document#P396_40585

Off-track betting https://en.wikipedia.org/wiki/Off-track_betting

Science of Betting, real face of casinos

Gambler’s fallacy http://en.wikipedia.org/wiki/Gambler%27s_fallacy

Exposing the Gambler’s Fallacy http://vegasclick.com/gambling/fallacy.html

St. Petersburg paradox

St. Petersburg paradox http://en.wikipedia.org/wiki/St._Petersburg_paradox Simulation of the “st.petersburg paradox” http://www.mathematik.com/Petersburg/Petersburg.html

The St. Petersburg Paradox http://www.econport.org/econport/request?page=man_ru_basics2

Experimental Discussion of the St. Petersburg Paradox http://www.econport.org/econport/request?page=man_ru_experiments_stpetersburg

The St. Petersburg Paradox http://plato.stanford.edu/entries/paradox-stpetersburg/

Betting Systems

Martingale betting system http://en.wikipedia.org/wiki/Martingale_(betting_system) http://www.wizardofodds.com/gambling/bettingsystems.html

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