Squares & Sharps, Suckers & Sharks

The Science, Psychology & Philosophy of Gambling

By: Joseph Buchdahl

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Paperback | 20 August 2021 | Edition Number 2

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352 Pages

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24 x 16 x 2.5

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People have been gambling, in one form or another, for as long as history itself. Why? Money, entertainment, escape and a desire to win are all traditional explanations.

Arguably, however, these are secondary considerations to a higher order purpose: a craving for control. Gambling offers a means of gaining authority over the unknown, granting us a sense of control over uncertainty. Almost always that sense is illusory - gambling, including betting and investing, is essentially random - yet for many it is nonetheless profoundly rewarding. This book attempts to explore the reasons why.

Along the way, it examines:

The science of probability and uncertainty
Why gambling is often condemned
The difference between expectation and utility
The irrationality of human beings
Evolutionary perspectives on gambling
Luck and skill
Market efficiency and the wisdom of crowds
Why winners take all
Cheating
Why the process matters more than the outcome

About the Author

Joseph Buchdahl is a sports betting analyst. Since 2001 he has been providing historical results, match statistics and betting odds through the website Football-Data.co.uk. He tweets regularly via 12Xpert and is currently publishing betting-related articles for the online sportsbook Pinnacle Sports. He is the author of Squares & Sharps, Suckers & Sharks, How To Find a Black Cat in a Coal Cellar and the perennial bestseller Fixed Odds Sports Betting , all published by High Stakes Publishing.

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