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The hope of a positive expected gain lies in detecting a wheel with sufficient bias.

— Richard Arnold Epstein

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More quotes by Richard Arnold Epstein

The earliest full-length account of a chariot race appears in Book xxiii of the Iliad.

Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.

A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.

Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.

There are no conventional games involving conditions of uncertainty without risk.

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