Edward Thorp Beat The Dealer Pdf Free Download

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Gambling and investing share a number of key traits, said Thorp. To do both successfully, you need to measure the probabilities of outcomes and then vary the size of your bets depending on those probabilities. If you bet too much when the probabilities are against you, then you'll exhaust your money. But if you bet too little when the probabilities are in your favor, then you'll leave money on the table. It's the same way he beat blackjack, betting heavy when the remaining cards in the deck favored him over the dealer, but light when it was the other way around.
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Edward Thorp Beat The Dealer Pdf Free Download

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