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Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
In 1956 two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein’s. The other was John L. Kelly Jr., a Texas-born, gun-toting physicist. Together they applied the science of information theory—the basis of computers and the Internet—to the problem of making as much money as possible, as fast as possible.
Shannon and MIT mathematician Edward O. Thorp took the “Kelly formula” to Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenonally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett’s rate of return. Fortune’s Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider’s edge.
Shannon believed it was possible for a smart investor to beat the market—and Fortune’s Formula will convince you that he was right. Get Price
Busting Vegas: The MIT Whiz Kid Who Brought the Casinos to Their Knees
He played in casinos around the world with a plan to make himself richer than anyone could possibly imagine -- but it would nearly cost him his life.
Semyon Dukach was known as the Darling of Las Vegas. A legend at age twenty-one, this cocky hotshot was the biggest high roller to appear in Sin City in decades, a mathematical genius with a system the casinos had never seen before and couldn't stop -- a system that has never been revealed until now; that has nothing to do with card counting, wasn't illegal, and was more powerful than anything that had been tried before...
Busting Vega$ is Dukach's unbelievably true story; a riveting account of monumental greed, excess, hubris, sex, love, violence, fear, and statistics that is high-stakes entertainment at its best. Get Price
American Casino Guide 2006 (American Casino Guide)
Published annually since 1992, the American Casino Guide is now the #1 bestselling book in the U.S. on the subject of casino gambling and travel.
The new 2006 edition lists more than 700 casinos in 36 states and comes complete with maps of all states showing where the casinos are located, plus detailed maps of Las Vegas, Atlantic City, Reno and the Mississippi gambling resort towns of Biloxi and Tunica.
A valuable feature of the book is a special section with more than 190 coupons, plus a discount card, that provide the reader with more than $1,000 in savings at some of America's most well-known casinos!
The American Casino Guide provides money-saving, detailed information that is sought by the seasoned casino veteran as well as the first-time visitor. The guide is jam-packed with detailed information on every casino/resort, riverboat and Indian casino in the U.S. Included are informative stories on all casino games including blackjack, craps, roulette, baccarat, slots and video poker machines - plus - detailed reports on which casinos offer the best games in every major gaming jurisdiction in the U.S. The guide also comes with plenty of tips on how to get the most for your money when visiting a casino by taking advantage of casino promotions, slot clubs and funbooks. It even discloses the actual slot machine payback percentages for everys state's casinos! A must for anyone planning a visit to a casino!
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