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Curious about how it is possible to make money in a casino, for example, by counting cards in Blackjack? Then this new Mathologer video about the mathematics of casino games like roulette, blackjack, etc. is for you.
The video is based on talks by my friend and colleague Marty Ross who who knows a lot about beating the casinos at their own game. I do a bit of an interview with Marty at the end in this video but just in case you are interested in seeing him in some real Marty action, here is a link to a video of him giving a talk about sports gambling at the Melbourne Museum in 2012:
Also check out his bad mathematics blog
and his writeup of the solution our free coupon puzzle in Math Horizons
Anyway, thanks a lot to Marty for all his help with this video and to Danil (Dimitriev) for his continuing work on providing Russian subtitles for all Mathologer videos and Michael (Franklin) for his help with recording this video.
For those among you interested in more information about the mathematics of casino games here are some more references:
Great free site with reliable details on all forms of gambling, discussion of principles etc.
b) Theory of gambling and statistical logic by Richard Epstein
c) Professional blackjack
All round best practical manual
d) Beat the Dealer by Edward Thorp
The original book.
d) The Theory of Blackjack by Peter Griffin
Does a lot of the theory underlying and evaluating blackjack systems, linear regression and so forth.
e) Here’s a counting practice app:
P.S.: My t-shirt today features a famous mathematical limerick: Integral zee squared dzee//from 1 to the cube root of 3//times the cosine//of three pi over 9//equals log of the cube root of e.