The theory of gambling and statistical logic

"Recent advances in the field (Parrando's paradox) have triggered a surge of interest in the statistical and mathematical concepts underlying gambling theory. Richard Epstein's book on gambling and its mathematical analysis covers the full range of games from penny matching, to blackjack and other casino games, to the stock market (including Black-Scholes analysis). He even considers what light statistical inference can shed on the study of paranormal phenomena."--Jacket.