Introduction to Probability with Texas Hold 'em Examples

Introduction to Probability with Texas Hold 'em Examples

Author: Frederic Paik Schoenberg

Publisher: CRC Press

Published: 2016-12-19

Total Pages: 280

ISBN-13: 1351737740

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Introduction to Probability with Texas Hold’em Examples illustrates both standard and advanced probability topics using the popular poker game of Texas Hold’em, rather than the typical balls in urns. The author uses students’ natural interest in poker to teach important concepts in probability.


Book Synopsis Introduction to Probability with Texas Hold 'em Examples by : Frederic Paik Schoenberg

Download or read book Introduction to Probability with Texas Hold 'em Examples written by Frederic Paik Schoenberg and published by CRC Press. This book was released on 2016-12-19 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Probability with Texas Hold’em Examples illustrates both standard and advanced probability topics using the popular poker game of Texas Hold’em, rather than the typical balls in urns. The author uses students’ natural interest in poker to teach important concepts in probability.


Introduction to Probability with Texas Hold’em Examples

Introduction to Probability with Texas Hold’em Examples

Author: Frederic Paik Schoenberg

Publisher: CRC Press

Published: 2011-12-07

Total Pages: 197

ISBN-13: 1439827699

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Introduction to Probability with Texas Hold’em Examples illustrates both standard and advanced probability topics using the popular poker game of Texas Hold’em, rather than the typical balls in urns. The author uses students’ natural interest in poker to teach important concepts in probability. This classroom-tested book covers the main subjects of a standard undergraduate probability course, including basic probability rules, standard models for describing collections of data, and the laws of large numbers. It also discusses several more advanced topics, such as the ballot theorem, the arcsine law, and random walks, as well as some specialized poker issues, such as the quantification of luck and skill in Texas Hold’em. Homework problems are provided at the end of each chapter. The author includes examples of actual hands of Texas Hold’em from the World Series of Poker and other major tournaments and televised games. He also explains how to use R to simulate Texas Hold’em tournaments for student projects. R functions for running the tournaments are freely available from CRAN (in a package called holdem). See Professor Schoenberg discuss the book.


Book Synopsis Introduction to Probability with Texas Hold’em Examples by : Frederic Paik Schoenberg

Download or read book Introduction to Probability with Texas Hold’em Examples written by Frederic Paik Schoenberg and published by CRC Press. This book was released on 2011-12-07 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Probability with Texas Hold’em Examples illustrates both standard and advanced probability topics using the popular poker game of Texas Hold’em, rather than the typical balls in urns. The author uses students’ natural interest in poker to teach important concepts in probability. This classroom-tested book covers the main subjects of a standard undergraduate probability course, including basic probability rules, standard models for describing collections of data, and the laws of large numbers. It also discusses several more advanced topics, such as the ballot theorem, the arcsine law, and random walks, as well as some specialized poker issues, such as the quantification of luck and skill in Texas Hold’em. Homework problems are provided at the end of each chapter. The author includes examples of actual hands of Texas Hold’em from the World Series of Poker and other major tournaments and televised games. He also explains how to use R to simulate Texas Hold’em tournaments for student projects. R functions for running the tournaments are freely available from CRAN (in a package called holdem). See Professor Schoenberg discuss the book.


Texas Hold'em Poker Odds for Your Strategy, with Probability-Based Hand Analyses

Texas Hold'em Poker Odds for Your Strategy, with Probability-Based Hand Analyses

Author: Catalin Barboianu

Publisher: INFAROM Publishing

Published: 2011-12

Total Pages: 210

ISBN-13: 9731991344

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A complete probability guide of Hold'em Poker, this guide covers all possible gaming situations. The author focuses on the practical side of the presentation and use of the probabilities involved in Hold'em, while taking into account the subjective side of the probability-based criteria of each player's strategy.


Book Synopsis Texas Hold'em Poker Odds for Your Strategy, with Probability-Based Hand Analyses by : Catalin Barboianu

Download or read book Texas Hold'em Poker Odds for Your Strategy, with Probability-Based Hand Analyses written by Catalin Barboianu and published by INFAROM Publishing. This book was released on 2011-12 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: A complete probability guide of Hold'em Poker, this guide covers all possible gaming situations. The author focuses on the practical side of the presentation and use of the probabilities involved in Hold'em, while taking into account the subjective side of the probability-based criteria of each player's strategy.


The Mathematics of Poker

The Mathematics of Poker

Author: Bill Chen

Publisher: Conjelco

Published: 2006

Total Pages: 0

ISBN-13: 9781886070257

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For decades, the highest level of poker have been dominated by players who have learned the game by playing it, road gamblers' who have cultivated intuition for the game and are adept at reading other players' hands from betting patterns and physical tells. Over the last five to ten years, a whole new breed has risen to prominence within the poker community. Applying the tools of computer science and mathematics to poker and sharing the information across the Internet, these players have challenged many of the assumptions that underlay traditional approaches to the game.'


Book Synopsis The Mathematics of Poker by : Bill Chen

Download or read book The Mathematics of Poker written by Bill Chen and published by Conjelco. This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, the highest level of poker have been dominated by players who have learned the game by playing it, road gamblers' who have cultivated intuition for the game and are adept at reading other players' hands from betting patterns and physical tells. Over the last five to ten years, a whole new breed has risen to prominence within the poker community. Applying the tools of computer science and mathematics to poker and sharing the information across the Internet, these players have challenged many of the assumptions that underlay traditional approaches to the game.'


Basic Gambling Mathematics

Basic Gambling Mathematics

Author: Mark Bollman

Publisher: CRC Press

Published: 2023-08-31

Total Pages: 355

ISBN-13: 100092596X

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Basic Gambling Mathematics: The Numbers Behind the Neon, Second Edition explains the mathematics involved in analyzing games of chance, including casino games, horse racing and other sports, and lotteries. The book helps readers understand the mathematical reasons why some gambling games are better for the player than others. It is also suitable as a textbook for an introductory course on probability. Along with discussing the mathematics of well-known casino games, the author examines game variations that have been proposed or used in actual casinos. Numerous examples illustrate the mathematical ideas in a range of casino games while end-of-chapter exercises go beyond routine calculations to give readers hands-on experience with casino-related computations. New to the Second Edition Thorough revision of content throughout, including new sections on the birthday problem (for informal gamblers) and the Monty Hall problem, as well as an abundance of fresh material on sports gambling Brand new exercises and problems A more accessible level of mathematical complexity, to appeal to a wider audience.


Book Synopsis Basic Gambling Mathematics by : Mark Bollman

Download or read book Basic Gambling Mathematics written by Mark Bollman and published by CRC Press. This book was released on 2023-08-31 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Basic Gambling Mathematics: The Numbers Behind the Neon, Second Edition explains the mathematics involved in analyzing games of chance, including casino games, horse racing and other sports, and lotteries. The book helps readers understand the mathematical reasons why some gambling games are better for the player than others. It is also suitable as a textbook for an introductory course on probability. Along with discussing the mathematics of well-known casino games, the author examines game variations that have been proposed or used in actual casinos. Numerous examples illustrate the mathematical ideas in a range of casino games while end-of-chapter exercises go beyond routine calculations to give readers hands-on experience with casino-related computations. New to the Second Edition Thorough revision of content throughout, including new sections on the birthday problem (for informal gamblers) and the Monty Hall problem, as well as an abundance of fresh material on sports gambling Brand new exercises and problems A more accessible level of mathematical complexity, to appeal to a wider audience.


Probability With Permutations

Probability With Permutations

Author: Steven Taylor

Publisher: Steven Taylor

Published: 2020-09-03

Total Pages: 46

ISBN-13:

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Probability With Permutations Understanding probability as unique and stimulating theory which goes beyond conventional mathematics, will give you better perspective of the world around you. The first part of the book explains the fundamentals of probability in clear and easy to understand way even if you are not familiar with mathematics at all and you are just starting your journey towards this particular field of science. In the following sections of the book, the subject is explained in wider context along with importance of permutations and combinations in probability and their applications to a variety of scientific problems as well as the importance of probability in real life situations. By Downloading This Book Now You Will Discover: History of Probability Explanation of Combinations Probability Using Permutations and Combinations Urn Problems Probability and Lottery Probability and Gambling Applications of Probability And much much more! Download this book now and learn more about Probability with Permutations!


Book Synopsis Probability With Permutations by : Steven Taylor

Download or read book Probability With Permutations written by Steven Taylor and published by Steven Taylor. This book was released on 2020-09-03 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Probability With Permutations Understanding probability as unique and stimulating theory which goes beyond conventional mathematics, will give you better perspective of the world around you. The first part of the book explains the fundamentals of probability in clear and easy to understand way even if you are not familiar with mathematics at all and you are just starting your journey towards this particular field of science. In the following sections of the book, the subject is explained in wider context along with importance of permutations and combinations in probability and their applications to a variety of scientific problems as well as the importance of probability in real life situations. By Downloading This Book Now You Will Discover: History of Probability Explanation of Combinations Probability Using Permutations and Combinations Urn Problems Probability and Lottery Probability and Gambling Applications of Probability And much much more! Download this book now and learn more about Probability with Permutations!


Practical Poker Math

Practical Poker Math

Author: Pat Dittmar

Publisher: ECW Press

Published: 2008

Total Pages: 256

ISBN-13: 1554903262

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What are the odds of winning at poker if you don't know the odds in poker? Practical Poker Math provides a complete and easy-to-understand explanation of the basic odds, probabilities and expectations in Hold'Em and Omaha. All the formulations are completely open and are demonstrated via easy-to-follow, colour-coded calculations. Pat Dittmar has aimed this book at beginning through semi-pro players who want to improve their results and who know that there is not much chance of improvement without a fundamental understanding of poker odds, probabilities, and expectations. Pat Dittmar is head of.


Book Synopsis Practical Poker Math by : Pat Dittmar

Download or read book Practical Poker Math written by Pat Dittmar and published by ECW Press. This book was released on 2008 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the odds of winning at poker if you don't know the odds in poker? Practical Poker Math provides a complete and easy-to-understand explanation of the basic odds, probabilities and expectations in Hold'Em and Omaha. All the formulations are completely open and are demonstrated via easy-to-follow, colour-coded calculations. Pat Dittmar has aimed this book at beginning through semi-pro players who want to improve their results and who know that there is not much chance of improvement without a fundamental understanding of poker odds, probabilities, and expectations. Pat Dittmar is head of.


Texas Hold'em Odds

Texas Hold'em Odds

Author: Catalin Barboianu

Publisher:

Published: 2004-10-01

Total Pages: 144

ISBN-13: 9730036896

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Odds are part of any gambling strategy and Texas Hold'em Poker is highly predisposed to probability-based decisions. This book presents the mathematics involved in card distributions in Texas Hold'em and provides a precise account of the odds associated with all gaming events. The author is a recognized authority on casino mathematics. He is member of applied mathematics societies and has published numerous articles in leading academic, gaming industry and applied mathematics journals. He is also the author of "Probability Guide of Gambling." No formal background in mathematics is necessary for reading this book, although comfort with some probability and set theory notions is helpful. In most cases, you'll need some college math to follow the formulas here, but this is not a requirement, because the numerical results are collected in tables at the end of each section. The work is packed with formulas, algorithms and tables. Its' primary goal is to allow the reader to quickly find the odds for their hand and for their opponent's hand, in order to improve his/her betting decisions. Every type of card distribution is tabulated in a logical, consistent and comprehensive manner. The complete methodology and all the calculations are shown, so it teaches the player how to calculate probability for any situation for every stage of the game, even for other card games. You will find here the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. The book contains new and original material that has not been done previously and provides a full coverage of Hold'em odds: - Immediate odds (pre-flop odds, flop odds, turn odds, river odds, odds ofimproving specific hands). - Long-shot odds (odds of achieving specific card formations by river) for own hand, in after-flop and after-turn stages. - Long-shot odds for opponent's hand (odds for one and at least one of your opponents to achieve specific card formations by river), in after-flop, after-turn and after-river stages. - Other odds. Concrete examples of calculations and usage of tables are attached to each section. Also, a special chapter of examples is included for a good understanding of how to count and compare the odds for expected card formations and the odds of possible higher formations of opponents. Such information is a must for any Hold'em player - either beginner or advanced - and this book is a trusted and professional source.


Book Synopsis Texas Hold'em Odds by : Catalin Barboianu

Download or read book Texas Hold'em Odds written by Catalin Barboianu and published by . This book was released on 2004-10-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Odds are part of any gambling strategy and Texas Hold'em Poker is highly predisposed to probability-based decisions. This book presents the mathematics involved in card distributions in Texas Hold'em and provides a precise account of the odds associated with all gaming events. The author is a recognized authority on casino mathematics. He is member of applied mathematics societies and has published numerous articles in leading academic, gaming industry and applied mathematics journals. He is also the author of "Probability Guide of Gambling." No formal background in mathematics is necessary for reading this book, although comfort with some probability and set theory notions is helpful. In most cases, you'll need some college math to follow the formulas here, but this is not a requirement, because the numerical results are collected in tables at the end of each section. The work is packed with formulas, algorithms and tables. Its' primary goal is to allow the reader to quickly find the odds for their hand and for their opponent's hand, in order to improve his/her betting decisions. Every type of card distribution is tabulated in a logical, consistent and comprehensive manner. The complete methodology and all the calculations are shown, so it teaches the player how to calculate probability for any situation for every stage of the game, even for other card games. You will find here the real odds, returned by precise mathematical formulas and not by partial simulations that most software uses. The book contains new and original material that has not been done previously and provides a full coverage of Hold'em odds: - Immediate odds (pre-flop odds, flop odds, turn odds, river odds, odds ofimproving specific hands). - Long-shot odds (odds of achieving specific card formations by river) for own hand, in after-flop and after-turn stages. - Long-shot odds for opponent's hand (odds for one and at least one of your opponents to achieve specific card formations by river), in after-flop, after-turn and after-river stages. - Other odds. Concrete examples of calculations and usage of tables are attached to each section. Also, a special chapter of examples is included for a good understanding of how to count and compare the odds for expected card formations and the odds of possible higher formations of opponents. Such information is a must for any Hold'em player - either beginner or advanced - and this book is a trusted and professional source.


Draw Poker Odds

Draw Poker Odds

Author: Catalin Barboianu

Publisher: INFAROM Publishing

Published: 2007

Total Pages: 314

ISBN-13: 9738752051

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Like any variation of poker, draw poker (or classical poker) is also predisposed to probability-based decisions. The author presents the mathematics involved in this card game, with respect to the usage of the numerical results in players' strategies. The whole presentation is focused on the practical aspect of the application of probability theory in draw poker and all the sections are such structured to allow the direct usage of the numerical results. This is why every section is packed with tables, some of them filling dozens of pages. This is not a math book, even if the supporting mathematics is present thorough, but a guide addressed to poker players, who can skip the math parts at any time and pick the needed results from tables. For those interested, the complete methodology, the way probability theory is applied and a part of the calculations are shown, so it teaches the player how to calculate odds for any situation for every stage of the game, even the numerical results are already listed in the book. Want to evaluate the probability of one opponent bluffing? Want to know the probability of at least one opponent holding a card formation higher than yours, at any moment of the game? Want to know the probability of hitting the desired formation if discarding in a certain way? All this information is in the book and is fully mathematically grounded. All probability results from this guide are obtained through compact mathematical formulas and not partial simulations on computer. These formulas are the outcome of one year of study, math work and tests. The author found the right probability model in which to apply the theory and conveniently quantify the card distributions inorder to work out the draw poker probability formulas. They were built with an enough large range of variables to cover all possible situations and were never worked out before. Their numerical returns were gathered in three main categories of odds presented in the book: - Initial probabilities of the first card distribution for your own hand; - Prediction probabilities after first card distribution and before the second for your own hand; - Prediction probabilities for opponents' hands. Every section ends with suggestive examples and there is also a special chapter with a lot of relevant gaming situations presented along with the odds of their associated events. Among author's previously published books on mathematics of gambling, Draw Poker Odds seems to be the most practical one and that is because the author presents the results of applied probability in a gambling-behavioral manner that can influence the balance between the subjective strategies and the real odds in player's favor.


Book Synopsis Draw Poker Odds by : Catalin Barboianu

Download or read book Draw Poker Odds written by Catalin Barboianu and published by INFAROM Publishing. This book was released on 2007 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like any variation of poker, draw poker (or classical poker) is also predisposed to probability-based decisions. The author presents the mathematics involved in this card game, with respect to the usage of the numerical results in players' strategies. The whole presentation is focused on the practical aspect of the application of probability theory in draw poker and all the sections are such structured to allow the direct usage of the numerical results. This is why every section is packed with tables, some of them filling dozens of pages. This is not a math book, even if the supporting mathematics is present thorough, but a guide addressed to poker players, who can skip the math parts at any time and pick the needed results from tables. For those interested, the complete methodology, the way probability theory is applied and a part of the calculations are shown, so it teaches the player how to calculate odds for any situation for every stage of the game, even the numerical results are already listed in the book. Want to evaluate the probability of one opponent bluffing? Want to know the probability of at least one opponent holding a card formation higher than yours, at any moment of the game? Want to know the probability of hitting the desired formation if discarding in a certain way? All this information is in the book and is fully mathematically grounded. All probability results from this guide are obtained through compact mathematical formulas and not partial simulations on computer. These formulas are the outcome of one year of study, math work and tests. The author found the right probability model in which to apply the theory and conveniently quantify the card distributions inorder to work out the draw poker probability formulas. They were built with an enough large range of variables to cover all possible situations and were never worked out before. Their numerical returns were gathered in three main categories of odds presented in the book: - Initial probabilities of the first card distribution for your own hand; - Prediction probabilities after first card distribution and before the second for your own hand; - Prediction probabilities for opponents' hands. Every section ends with suggestive examples and there is also a special chapter with a lot of relevant gaming situations presented along with the odds of their associated events. Among author's previously published books on mathematics of gambling, Draw Poker Odds seems to be the most practical one and that is because the author presents the results of applied probability in a gambling-behavioral manner that can influence the balance between the subjective strategies and the real odds in player's favor.


Treat Your Poker Like a Business

Treat Your Poker Like a Business

Author:

Publisher: FastPencil Inc

Published: 2009-12

Total Pages: 208

ISBN-13: 160746277X

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Poker star Dusty Schmidt presents his first book [¬" one that stands to shake up poker in the same way Moneyball did for baseball. Schmidt offers an inspiring look at how in just five years, he went from not knowing a thing about poker to netting a seven-figure annual income. Far from a mathematical or technological genius, Schmidt says what guides him through is a fundamental understanding of business. Treat Your Poker Like A Business provides a foundation upon which all poker will be evaluated in the future, and will help an entire generation of poker players evolve their games into empires. A consummate "grinder," Dusty Schmidt has played nearly 7 million hands of online poker over more than 10,000 hours during his five-year career. He's won over $3 million during that period, and has never experienced a losing month. In 2007, he achieved Poker Stars' SuperNova Elite status in just eight months while playing high-stakes cash games exclusively. Schmidt posted the world's highest win rate in both 5/10 NL and 10/20 NL in both 2007 and 2008. In a four-month period between Nov. 2007 and Feb. 2008, Schmidt won in excess of $600,000 in high-stakes cash games. He is now a highly respected instructor at Stoxpoker.com, and plays as high as 25/50 NL. As a young man, Schmidt was a top-ranked golfer. He broke two of Tiger Woods' junior records, and was the leading money winner on the Golden States Tour when, at age 23, he suffered a career-ending heart attack. Schmidt returned to golf in 2009, winning medalist honors in qualifying for the Oregon Amateur Championship. Later that year, Schmidt famously represented himself in federal court in his suit against the United States Golf Association, which controversially stripped him of his amateur status, in part due to his poker profession. Schmidt is now a volunteer assistant coach for the University of Oregon's men's golf team, working under his good friend, Head Coach Casey Martin. Schmidt is also a successful entrepreneur. He is part-owner of Stoxpoker.com and Imagine Media, and the creator of 10thGreen.com, the first social network for golfers. His story has been featured in Sports Illustrated, Card Player, Poker News, Golf Magazine, Fairways and Greens, Golf Week, Golf World and the Portland Oregonian, as well as on ESPN, cnn.com, wallstreetjournal.com, forbes.com, fortune.com, espn.com, golfdigest.com and golf.com, among many others. He recently founded the House of Cards Project, a philanthropic effort to provide food and shelter to disadvantaged families. His life story will be told in the book [¬Raise: The Impossibly True Tale of Dusty Schmidt, [¬? to be released later in 2010. He lives in Portland, Ore., with his wife, Nicole, and daughter, Lennon.


Book Synopsis Treat Your Poker Like a Business by :

Download or read book Treat Your Poker Like a Business written by and published by FastPencil Inc. This book was released on 2009-12 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poker star Dusty Schmidt presents his first book [¬" one that stands to shake up poker in the same way Moneyball did for baseball. Schmidt offers an inspiring look at how in just five years, he went from not knowing a thing about poker to netting a seven-figure annual income. Far from a mathematical or technological genius, Schmidt says what guides him through is a fundamental understanding of business. Treat Your Poker Like A Business provides a foundation upon which all poker will be evaluated in the future, and will help an entire generation of poker players evolve their games into empires. A consummate "grinder," Dusty Schmidt has played nearly 7 million hands of online poker over more than 10,000 hours during his five-year career. He's won over $3 million during that period, and has never experienced a losing month. In 2007, he achieved Poker Stars' SuperNova Elite status in just eight months while playing high-stakes cash games exclusively. Schmidt posted the world's highest win rate in both 5/10 NL and 10/20 NL in both 2007 and 2008. In a four-month period between Nov. 2007 and Feb. 2008, Schmidt won in excess of $600,000 in high-stakes cash games. He is now a highly respected instructor at Stoxpoker.com, and plays as high as 25/50 NL. As a young man, Schmidt was a top-ranked golfer. He broke two of Tiger Woods' junior records, and was the leading money winner on the Golden States Tour when, at age 23, he suffered a career-ending heart attack. Schmidt returned to golf in 2009, winning medalist honors in qualifying for the Oregon Amateur Championship. Later that year, Schmidt famously represented himself in federal court in his suit against the United States Golf Association, which controversially stripped him of his amateur status, in part due to his poker profession. Schmidt is now a volunteer assistant coach for the University of Oregon's men's golf team, working under his good friend, Head Coach Casey Martin. Schmidt is also a successful entrepreneur. He is part-owner of Stoxpoker.com and Imagine Media, and the creator of 10thGreen.com, the first social network for golfers. His story has been featured in Sports Illustrated, Card Player, Poker News, Golf Magazine, Fairways and Greens, Golf Week, Golf World and the Portland Oregonian, as well as on ESPN, cnn.com, wallstreetjournal.com, forbes.com, fortune.com, espn.com, golfdigest.com and golf.com, among many others. He recently founded the House of Cards Project, a philanthropic effort to provide food and shelter to disadvantaged families. His life story will be told in the book [¬Raise: The Impossibly True Tale of Dusty Schmidt, [¬? to be released later in 2010. He lives in Portland, Ore., with his wife, Nicole, and daughter, Lennon.