Cover image for What's luck got to do with it? : the history, mathematics, and psychology behind the gambler's illusion
Title:
What's luck got to do with it? : the history, mathematics, and psychology behind the gambler's illusion
Author:
Mazur, Joseph.
ISBN:
9781400834457
Publication Information:
Princeton, N.J. : Princeton University Press, ©2010.
Physical Description:
1 online resource (xvii, 277 pages) : illustrations
Abstract:
Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are "hot" in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What's Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of.
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