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Examining How Gambling Mathematics Took Over The World

Examining How Gambling Mathematics Took Over The World

Nich Moore October 28, 2020 15:08:11

Gamblers have always had systems. However, the adaptation of gambling mathematics in game theory allowed its use as a socio-economic tool worldwide. Far from just the preserve of those using online betting sites in the UK like Bet365, game theory is everywhere. From grave beginnings in the 1950s, it has evolved into the dominant conceptual force on the planet. The mathematics of game theory has taken over the world, and we barely noticed it happen.

A Brief Gamblers Guide To The Evolution Of Game Theory

A Brief Gamblers Guide To The Evolution Of Game Theory

Nich Moore October 28, 2020 14:49:19

The evolution of game theory dates back well beyond the games to which we apply it today. The analysis of play, strategies and results perhaps as old as games themselves. Over the centuries, however, mathematicians have developed it into a massively useful analytical tool. Gambling using game theory is nothing new, of course. But today it is as important in business as during poker games at online betting sites in the UK like Bet365. So what turned the study of gambling games into the 21st century’s watchword?