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Mathematics of Keno and Lotteries
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$80.99
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Product Details
Author:
Mark Bollman
Format:
Paperback
Pages:
338
Publisher:
CRC Press (March 27, 2018)
Language:
English
ISBN-13:
9781138723726
Weight:
18.375oz
Dimensions:
6.125" x 9.1875"
File:
TAYLORFRANCIS-TayFran_260408043820793-20260408.xml
Folder:
TAYLORFRANCIS
List Price:
$80.99
Country of Origin:
United States
Series:
AK Peters/CRC Recreational Mathematics Series
Case Pack:
55
As low as:
$76.94
Publisher Identifier:
P-CRC
Discount Code:
H
Pub Discount:
30
Imprint:
Chapman and Hall/CRC
Overview
Mathematics of Keno and Lotteries is an elementary treatment of the mathematics, primarily probability and simple combinatorics, involved in lotteries and keno. Keno has a long history as a high-advantage, high-payoff casino game, and state lottery games such as Powerball are mathematically similar. MKL also considers such lottery games as passive tickets, daily number drawings, and specialized games offered around the world. In addition, there is a section on financial mathematics that explains the connection between lump-sum lottery prizes (as with Powerball) and their multi-year annuity options. So-called "winning systems" for keno and lotteries are examined mathematically and their flaws identified.
