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The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. A child of the Great Depression, legendary mathematician Edward O. Thorp invented card counting, proving the seemingly impossible: that you could beat the dealer at the blackjack table. As a result he launched a gambling renaissance. His r...

Edward Thorp ist eine lebende Legende – auf dem Gebiet des Glücksspiels UND im Bereich der Finanzmärkte. In den 60er-Jahren veränderte der Mathematikprofessor Blackjack für immer, weil er eine Strategie entdeckte, mittels der die Bank zu schlagen war: Seinetwegen wurden die Spielregeln geändert. Ende der 60er-Jahre entwickelte er eine Optionspreisformel, für deren nachfolgenden Beweis Myron Scholes und Robert Merton 1997 den Wirtschafts-Nobelp...

A¿New York Times¿bestsellerIn a remarkable career, Edward O. Thorp rose up from nothing to become a professor at MIT, invented card counting and the world¿s first wearable computer, beat the casinos of Las Vegas at blackjack and roulette, then became a bestselling author and a hedge fund heavyweight, ushering in a revolution on Wall Street. Now he shares his incredible life story for the first time, revealing how he made his fortune and giving...

The unimaginable success of a gambling and investment legend

The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. A child of the Great Depression, legendary mathematician Edward O. Thorp invented card counting, proving the seemingly impossible: that you could beat the dealer at the blackjack table. As a result he launched a gambling renaissance. His r...

2015 Reprint of 1963 Edition. Full Facsimile of the original edition. Not reproduced with Optical Recognition Software. Co-written by the author of the "Beat the Dealer", this work provides a mathematically based model intended to improve the chances of winning not only in Baccarat, but in black jack and other games of chance. Language is quite technical, but parts are accessible to the average player and the theory informs all of Thorp's and ...