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

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

No customer reviews yet ISBN 9780857304841 High Stakes

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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Product details

BrandHigh Stakes
Pub dateAug 20, 2021
ISBN-100857304844
ISBN-139780857304841
Paperback352.0 pages
LanguageEnglish
Dimensions9.25 × 1.1 × 6 in
Weight2 lb
Last updated 2026-09-09 01:07
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