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Title: ROULETTE ODDS AND PROFITS: The Mathematics of Complex Bets;   Author: Catalin Barboianu;   paperback: ISBN 9738752078, 212 pages, 6 x 9 in format (ebook: ISBN 973875206X, 1 MB, PDF).

 Annotation:

      Continuing his series of books on the mathematics of gambling, the author shows how a simple-rule game such as roulette is suited to a complex mathematical model whose applications generate improved betting systems that take into account a player’s personal playing criteria.            
     The book is both practical and theoretical, but is mainly devoted to the application of theory. About two-thirds of the content is lists of categories and sub-categories of improved betting systems, along with all the parameters that might stand as the main objective criteria in a personal strategy – odds, profits and losses.           
     The work contains new and original material not published before. The mathematical chapter describes complex bets, the profit function, the equivalence between bets and all their properties. All theoretical results are accompanied by suggestive concrete examples and can be followed by anyone with a minimal mathematical background because they involve only basic algebraic skills and set theory basics.           
     The reader may also choose to skip the math and go directly to the sections containing applications, where he or she can pick desired numerical results from tables.           
     The book offers no new so-called winning strategies, although it discusses them from a mathematical point of view. It does, however, offer improved betting systems and helps to organize a player’s choices in roulette betting, according to mathematical facts and personal strategies.
     It is a must-have roulette handbook to be studied before placing your bets on the turn of either a European or American roulette wheel.

About the Author
Catalin Barboianu (born in 1968, in Craiova, Romania) is a mathematician and author. He graduated Faculty of Mathematics, at University of Bucharest, in 1992, with a master of science in Probability and Mathematical Statistics. He studied under great scientific names like Solomon Marcus, Constantin Craciun and Ion Cuculescu. He worked early in his career on topology, mathematical analysis, probability theory, mathematical modeling and also on philosophy of mathematics. However, his most important contribution was on decision theory, placing the concept of probability-based strategy onto a firm mathematical foundation. From 2001, his fields of expertise moved to applied mathematics, especially on applications of probability theory in daily life. Since 2003, his work focused on application of probability theory in gaming. His books have a guide style and primly address to non-mathematicians. He also published several articles on leading academic and gaming industry as well and became a recognized authority on mathematics of games and gambling. He is also an active member of MAA (Mathematical Association of America) and SIAM (Society for Industrial and Applied Mathematics).

 

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