Taking Chances

Winning with Probability

By: John Haigh

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Paperback | 1 August 2003 | Edition Number 2

At a Glance

Paperback
388 Pages

Dimensions(cm)
19.84 x 12.85 x 2.03

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What are the odds against winning the Lottery, making money in a casino, or backing the right horse? Every day, people make judgements on these matters and face other decisions that rest on their understanding of probability: buying insurance, following medical advice, carrying an umbrella. Yet many of us have a frightening ignorance of how probability works. Taking Chances presents an entertaining and fascinating exploration of probability, revealing traps and fallacies in the field. It describes and analyses a remarkable variety of situations where chance plays a role, including football pools, the Lottery, TV games, sport, cards, roulette, coins, and dice. The book guides the reader round common pitfalls, demonstrates how to make better informed decisions, and shows where the odds can be unexpectedly in your favour. This new edition has been fully updated, and includes information on "Who Wants to be a Millionaire?" and "The Weakest Link", plus a new chapter on Probability for Lawyers.

Industry Reviews

`Review from previous edition 'the volume is ideally suited for readers with virtually no training in mathematics, but who are curious about how actually to assess the odds of things like winning a single game at lawn tennis or on which hands in poker one should raise . . . This is a book to ponder, savour, study - and give to your mathematically illiterate friends'' The Times Higher Education Supplement `'(an) impressively comprehensive new book on the wonders of probability'' The Sunday Telegraph

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