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Calculated Bets Computers, Gambling, and Mathematical Modeling to Win by Steven Skiena Cambridge University Press, , pgs., with notes and index. Calculated Bets has 74 ratings and 0 reviews. Calculated Bets describes a gambling system that works. Steven Skiena, a jai-alai enthusiast and computer s.. . Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win by Steven Skiena. Article in The Mathematical Gazette 86() · November .

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An calxulated presentation of how mathematical models are designed, built, and validated, Calculated Bets also includes a list of modeling projects with online data sources.

Michael Kollegger rated it it was amazing Dec 21, As I write this review the temperature outside is over 90 degrees Fahrenheit. Lists with This Book. If you like books and love to build cool products, we may be looking for you. However, in the end, predictor discovery is experimental.

Henk Pechler rated it really liked it Jun 07, Granger Huntress rated it really liked it May 31, With humor and enthusiasm, Skiena explains computer predictions used in business, sports, and politics, and the difference between correlation and causation.

Calculated Bets assumes very little background in mathematics, computer science or jai alai. Skiena Limited preview – Derek Ladd rated it it was amazing May 18, Tony Tsang rated it it was ok Mar 06, Prediction Company was founded by two physicists who did some early work on chaos theory.

Blake Pengelly rated it liked it Mar 17, Want to Read Currently Reading Read. Skiena received his PhD in Computer Science from the University of Illinois inand is the author of over technical papers. Prediction in jai alai is an easier to understand problem and provides a good introduction to predicting more complex systems.

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After covering the basics of jai alai so that the reader can understand the jai alai model, Calculated Bets introduces the basics of modeling, including Monte Carlo simulation, curve fitting and the problems of model testing, including over-fitting. He is also the author of The Algorithm Design Manual.

After reading The Predictors I was was fascinated by the idea that market models could be used to predict stock prices, at least to a degree better than chance. He discovers some ineffiencies because of the structure of the game of jai-alai. Sklena example, the model was “back tested” against historical jai alai data.

It only tells his story that he was able to program a method to bet Jai Alai.

Jonathan Gibbs rated it it was amazing Jul 09, Skiena writes “Through trial-and-error experiments, we determined that [an alpha of approximately] 0.

Books by Steven S.

Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win

Who will win the next presidential election? The Predictors was carefully reviewed by the staff of Prediction Company to make sure that very little useful information was provided on the techniques Prediction Company used to build models. There is also a growing literature in statistics on advanced validity and testing techniques bootstrapping, for example.

His research interests include discrete mathematics and its applications, particularly the design of graph, string, and geometric algorithms. Calculated Bets describes a gambling system that works.

Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win by Steven S. Skiena

My library Help Advanced Book Search. I’ve listed a few references below on modeling financial time series and market data. How Should You Bet?

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Skiena’s family vacationed in Florida, where there are jai alai frontons the arenas where jai alai is played. Computers, Gambling, and Mathematical Modeling to Win. Open Preview See a Skuena Account Options Stveen in. P rated it did not like it May 11, Georgel rated it it was amazing Jun 30, Andy rated it really liked it Sep 27, Cambridge University Press Amazon.

Skiena No preview available – Skiena demonstrates how his jai-alai system functions like a stock trading system, and includes Calculated Bets describes a gambling system that works. He is co-founder and Chief Eteven at General Sentiment www.

Calculated Bets by Steven Skiena

Cambridge University PressAug 6, – Computers – pages. Jesse rated it liked it Jul 23, Andrew rated it really liked it Apr 29, Andrew19 rated it really liked it Betz 24, Weather prediction and market prediction deal with complex systems which cannot be completely quantified.

Bootstrap Methods and their Appliations by A. From reading his books he seems like a wonderful teacher and I wish I had a professor like him when I attended college. His research interests include the design of graph, string, and geometric algorithms, and their applications particularly to biology.

Preview — Calculated Bets by Steven S.