Dynamics of Gambling: Origins of Randomness in Mechanical Systems

Author:   Jaroslaw Strzalko ,  Juliusz Grabski ,  Przemyslaw Perlikowski ,  Andrzej Stefanski
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition:   2009 ed.
Volume:   792
ISBN:  

9783642261947


Pages:   152
Publication Date:   01 March 2012
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Dynamics of Gambling: Origins of Randomness in Mechanical Systems


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Overview

Our everyday life is in?uenced by many unexpected (dif?cult to predict) events usually referred as a chance. Probably, we all are as we are due to the accumulation point of a multitude of chance events. Gambling games that have been known to human beings nearly from the beginning of our civilization are based on chance events. These chance events have created the dream that everybody can easily become rich. This pursuit made gambling so popular. This book is devoted to the dynamics of the mechanical randomizers and we try to solve the problem why mechanical device (roulette) or a rigid body (a coin or a die) operating in the way described by the laws of classical mechanics can behave in such a way and produce a pseudorandom outcome. During mathematical lessons in primary school we are taught that the outcome of the coin tossing experiment is random and that the probability that the tossed coin lands heads (tails) up is equal to 1/2. Approximately, at the same time during physics lessons we are told that the motion of the rigid body (coin is an example of suchabody)isfullydeterministic. Typically,studentsarenotgiventheanswertothe question Why this duality in the interpretation of the simple mechanical experiment is possible? Trying to answer this question we describe the dynamics of the gambling games based on the coin toss, the throw of the die, and the roulette run.

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Author:   Jaroslaw Strzalko ,  Juliusz Grabski ,  Przemyslaw Perlikowski ,  Andrzej Stefanski
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Edition:   2009 ed.
Volume:   792
Dimensions:   Width: 15.50cm , Height: 0.90cm , Length: 23.50cm
Weight:   0.260kg
ISBN:  

9783642261947


ISBN 10:   3642261949
Pages:   152
Publication Date:   01 March 2012
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Introduction.- Predictability in deterministic and random dynamical systems.- Mechanical randomizers - history, type of games, how fair they are.- Dynamical models.- Simulation results.- Why are mechanical randomizers predictable?.- Why can mechanical randomizers approximate random processes?- Nature of randomness in mechanical systems.

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