Edward Oakley Thorp was born August 14, 1932 in Chicago, and happens to be a truly renowned American probabilist in many areas, most notably in card counting. He is also the author of several books on the subject and even received his doctorate from the University of California at Los Angeles in 1958. He then worked at the Massachusetts Institute of Technology (MIT) from 1959 to 1961 then moved to converted to education by becoming professor of mathematics from 1965 to 1977, then of mathematics and finance from 1977 to 1982, at the University of California at Irvine.
Thorp is currently, and since 1989, the President of Edward O. Thorp & Associates. This is a company specializing in stock market investment, based in Newport Beach, California. But if we tell you about this character on our portal, it is quite simply because he is a big name in the world of gambling, more particularly in blackjack and that he is the author of numerous books on games. of casinos.
Books On Games By Edward O, Thorp
Edward Thorp is best known for being the author of the book “Beat the Dealer” which you can translate as “Beat the Dealer”. Published in 1962, he released here the first book that mathematically proves that you can win at Blackjack, and only by counting cards. By releasing this sort of guide, he is not only publishing a technique for winning at Blackjack… but rather he is making public a mathematical process which has proven itself and which has even earned him the title of inventor of “card counting”.
It is important to note that all the new card counting techniques that you can find on the internet or in other books on this subject, are still based on this mathematical process of Thorp. It is also amusing to bring up the point that his card counting technique ultimately resulted in the rules of blackjack being changed. But he didn’t just stop at this card game, also focusing on backgammon, among other things, for which he invented a method used to judge certain game ends. Finally, know that Edward Thorp is also considered one of the creators of the first laptop, which he developed with Claude Shannon in the 1960s.
Edward O. Thorp And Blackjack
If you are card counting and find yourself at a blackjack table, adding or subtracting what you are counting in a deck of cards and hopefully making some extra cash through this process, take a spiritual moment to thank Edward O. Thorp. This university mathematics professor, who became a genius of the stock market, is really at the origin of this process. It was he who invented card counting and wrote his bestselling book called “Beat The Dealer”, earning it to be considered the father of modern advantage gambling. Taking up all the wildest challenges, he was already considering, 4 years before the publication of this book, ways to beat roulette.
He will also release a new book, “A man for all markets”, in 1958, around an adventure lived by his wife and him in the world of the card game, when they decide to spend their Christmas holidays. in Las Vegas, playing a bit of blackjack, a game that was known at the time to give the player no chance of making money in the long run. Tangled up in the world of games and math, Thorp had been made aware of an approach to playing blackjack; which then later became the “basic strategy”. It takes its origin in a theory proposed by four men of the American armed forces and will then reduce the chances of winning of the casino to 62%.