Overview

What are the odds against winning the Lottery, making money in a casino, or backing the right horse. Every day, people make judgements on these matters and face other decisions that rest on their understanding of probability: buying insurance, following medical advice, carrying an umbrella. Yet many of us are ignorant of how probability works. This text presents an exploration of probability, revealing traps and fallacies in the field. It describes and analyzes a variety of situations where chance plays a role, including football pools, the Lottery, TV games, sport, cards, roulette, coins, and dice. The book guides the reader round common pitfalls, demonstrates how to make better informed decisions, and shows where the odds can be unexpectedly in your favour.

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9780198502920

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Who said you couldn't make money out of the lottery? The best way isn't to buy a ticket, but to write a book about probability. Haigh is the mathematician from the University of Sussex who has become something of a regular on news and chat programmes explaining why particular combinations of numbers come up more (or less) often than 'common sense' leads you to believe. The lottery is the jumping off point for his excellent accessible guide to the way probability applies to many games of chance. It may not help you to win, but it will certainly spell out why you keep on losing. (Kirkus UK)

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