Download or read book A Winning Bet in Nevada Baccarat written by Edward Thorp and published by Girard & Stewart. This book was released on 2013-12 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: To be a long-term winner in games of chance, you need to understand its math. That's why A Winning Bet in Nevada Baccarat can be so helpful. In it, you will find techniques comparable to those that famed investor and blackjack winner extraordinaire Edward Thorp presents in the revolutionary and bestselling guide to card counting, Beat the Dealer. Drawing off the effective Kelly system for betting, Thorp and William Walden, two leading mathematical experts, developed a system for Nevada Baccarat with sound mathematics for a simple method to place better bets. A Winning Bet in Nevada Baccarat is signature Thorp, in that he once again shows his commitment to his academic foundations by publishing his discoveries of mathematical anomalies. While his exploits led casinos to change rules and ban plays, his passion for gambling only grew stronger. Both in the stock market - where his legendary hedge funds have trounced market returns for decades - and in the casino, Thorp has turned his mathematical prowess into a practical model to gain a winning edge. Accompanied with extensive diagrams, charts, and formulas, A Winning Bet in Nevada Baccarat, will show you how to: Understand the fundamentals of Nevada Baccarat Recognize when the side bet has a positive expectation Use ruin probabilities to stay on top in the game Determine when to bet on the Banker and when to bet on the Player Calculate when to stop playing to minimize loss A Winning Bet in Nevada Baccarat is an essential read for players new to Nevada Baccarat and experienced players who wish to gain a more mathematic understanding of the game.