Gambling and War

Gambling and War
Author: Justin Conrad
Publisher: Naval Institute Press
Total Pages: 219
Release: 2017-10-15
Genre: History
ISBN: 1682472205

In 1914, as Germany mobilized for war, Chancellor Theobald von Bethmann-Hollweg remarked to the country’s legislators, “If the iron dice must roll, then God help us.” War has often been compared to a game of dice or a lottery. But just as frequently, war has been compared to a game of pure strategy like chess. In reality, the business of negotiating with adversaries, fighting wars, and ending wars is far more complicated than a game of chess, where each player can see all the pieces on the board and knows the possible moves that they can make. War is far more chaotic and unpredictable. And yet, international bargaining and international conflict is not a simple dice game either, where human beings have no control over the outcome. Justin Conrad bets that war is more like a game of poker. Gambling and War: Risk, Reward, and Chance in International Conflict. brings readers a war college course taught at a Las Vegas casino. To succeed in poker, it is not enough to simply anticipate the actions of other players and try to outsmart them. A successful player must also understand and appreciate the role of randomness. Additionally, players must confront the reality that all human beings are prone to errors in judgment, which causes them to make suboptimal choices under many circumstances. Taken together, these challenges make poker a fascinating and highly unpredictable game, much like the challenges of international conflicts. Any comprehensive analysis of why wars occur and how they are fought must take into account a variety of factors including strategy, human error, and dumb luck. Gambling and War applies lessons learned from poker, blackjack, roulette, and other games of chance to the study of international conflict. Drawing on scholarly insights from a variety of fields, including probability, statistics, political science, psychology, and economics, Conrad offers thoughts on how we can better manage and prevent international conflict, the costliest game of all.

Gambling on War

Gambling on War
Author: Roger L. Ransom
Publisher: Cambridge University Press
Total Pages: 346
Release: 2018-06-28
Genre: Business & Economics
ISBN: 9781108454353

The First World War left a legacy of chaos that is still with us a century later. Why did European leaders resort to war and why did they not end it sooner? Roger L. Ransom sheds new light on this enduring puzzle by employing insights from prospect theory and notions of risk and uncertainty. He reveals how the interplay of confidence, fear, and a propensity to gamble encouraged aggressive behavior by leaders who pursued risky military strategies in hopes of winning the war. The result was a series of military disasters and a war of attrition which gradually exhausted the belligerents without producing any hope of ending the war. Ultimately, he shows that the outcome of the war rested as much on the ability of the Allied powers to muster their superior economic resources to continue the fight as it did on success on the battlefield.

Gambling with Armageddon

Gambling with Armageddon
Author: Martin J. Sherwin
Publisher: Vintage
Total Pages: 624
Release: 2020-10-13
Genre: History
ISBN: 0525659315

From the Pulitzer Prize-winning author of American Prometheus comes the first effort to set the Cuban Missile Crisis, with its potential for nuclear holocaust, in a wider historical narrative of the Cold War—how such a crisis arose, and why at the very last possible moment it didn't happen. In this groundbreaking look at the Cuban Missile Crisis, Martin Sherwin not only gives us a riveting sometimes hour-by-hour explanation of the crisis itself, but also explores the origins, scope, and consequences of the evolving place of nuclear weapons in the post-World War II world. Mining new sources and materials, and going far beyond the scope of earlier works on this critical face-off between the United States and the Soviet Union—triggered when Khrushchev began installing missiles in Cuba at Castro's behest—Sherwin shows how this volatile event was an integral part of the wider Cold War and was a consequence of nuclear arms. Gambling with Armageddon looks in particular at the original debate in the Truman Administration about using the Atomic Bomb; the way in which President Eisenhower relied on the threat of massive retaliation to project U.S. power in the early Cold War era; and how President Kennedy, though unprepared to deal with the Bay of Pigs debacle, came of age during the Cuban Missile Crisis. Here too is a clarifying picture of what was going on in Khrushchev's Soviet Union. Martin Sherwin has spent his career in the study of nuclear weapons and how they have shaped our world. Gambling with Armegeddon is an outstanding capstone to his work thus far.

Jackpot

Jackpot
Author: Rob Davies
Publisher: Faber & Faber
Total Pages: 264
Release: 2022-02-15
Genre: Games & Activities
ISBN: 1783352264

A striking exposé of the insidious business practices that have generated enormous profits for the companies operating within the UK's gambling industry. 'A methodical, sensitive and occasionally harrowing polemic about the gambling industry . . . The book has echoes of Patrick Radden Keefe's award-winning Empire of Pain.' SUNDAY TIMES 'A serious attempt to grapple with the extent of Britain's problem.' THE SPECTATOR 'Persuasive.' FINANCIAL TIMES 'Fascinating.' IRISH TIMES 'Eye-opening.' TELEGRAPH *** 716: the number of gambling logos displayed in a single Premier League football match £421 MILLION: the salary of Bet365's CEO in 2020. £14 BILLION: the annual losses incurred by British gamblers. Over half of the population gambles in the UK every year. How did we get here? What keeps us hooked when the odds are so heavily stacked against us? And who are the real winners and losers? Jackpot dives deep into gambling's seedy underbelly to answer these questions, and many more. From the first National Lottery draw in 1569 to the Wild West of today's online casinos, Guardian reporter Rob Davies follows the money to show who profits - and at what cost.

Playing the Numbers

Playing the Numbers
Author: Shane White
Publisher: Harvard University Press
Total Pages: 314
Release: 2010-05-15
Genre: Games & Activities
ISBN: 9780674051072

The most ubiquitous feature of Harlem life between the world wars was the game of “numbers.” Thousands of wagers were placed daily. Playing the Numbers tells the story of this illegal form of gambling and the central role it played in the lives of African Americans who flooded into Harlem in the wake of World War I.

Order within Anarchy

Order within Anarchy
Author: James D. Morrow
Publisher: Cambridge University Press
Total Pages: 369
Release: 2014-07-14
Genre: Political Science
ISBN: 1139992899

Order within Anarchy focuses on how the laws of war create strategic expectations about how states and their soldiers will act during war, which can help produce restraint. The success of the laws of war depends on three related factors: compliance between warring states and between soldiers on the battlefield, and control of soldiers by their militaries. A statistical study of compliance of the laws of war during the twentieth century shows that joint ratification strengthens both compliance and reciprocity, compliance varies across issues with the scope for individual violations, and violations occur early in war. Close study of the treatment of prisoners of war during World Wars I and II demonstrates the difficulties posed by states' varied willingness to limit violence, a lack of clarity about what restraint means, and the practical problems of restraint on the battlefield.

A Gambling Man

A Gambling Man
Author: David Baldacci
Publisher: Grand Central Publishing
Total Pages: 352
Release: 2021-04-20
Genre: Fiction
ISBN: 1538719665

Aloysius Archer, the straight-talking World War II veteran fresh out of prison, returns in this riveting #1 New York Times bestselling thriller from David Baldacci. The 1950s are on the horizon, and Archer is in dire need of a fresh start after a nearly fatal detour in Poca City. So Archer hops on a bus and begins the long journey out west to California, where rumor has it there is money to be made if you’re hard-working, lucky, criminal—or all three. Along the way, Archer stops in Reno, where a stroke of fortune delivers him a wad of cash and an eye-popping blood-red 1939 Delahaye convertible—plus a companion for the final leg of the journey, an aspiring actress named Liberty Callahan who is planning to try her luck in Hollywood. But when the two arrive in Bay Town, California, Archer quickly discovers that the hordes of people who flocked there seeking fame and fortune landed in a false paradise that instead caters to their worst addictions and fears. Archer’s first stop is a P.I. office where he is hoping to apprentice with a legendary private eye and former FBI agent named Willie Dash. He lands the job, and immediately finds himself in the thick of a potential scandal: a blackmail case involving a wealthy well-connected politician running for mayor that soon spins into something even more sinister. As bodies begin falling, Archer and Dash must infiltrate the world of brothels, gambling dens, drug operations, and long-hidden secrets, descending into the rotten bones of a corrupt town that is selling itself as the promised land—but might actually be the road to perdition, and Archer’s final resting place.

Everyday Probability and Statistics

Everyday Probability and Statistics
Author: M. M. Woolfson
Publisher: Imperial College Press
Total Pages: 234
Release: 2008
Genre: Mathematics
ISBN: 184816033X

Probability and statistics impinge on the life of the average person in a variety of ways OCo as is suggested by the title of this book. Very often, information is provided that is factually accurate but intended to present a biased view. This book presents the important results of probability and statistics without making heavy mathematical demands on the reader. It should enable an intelligent reader to properly assess statistical information and to understand that the same information can be presented in different ways.

Gambling on War

Gambling on War
Author: Roger L. Ransom
Publisher: Cambridge University Press
Total Pages: 400
Release: 2018-06-28
Genre: Business & Economics
ISBN: 1108608175

The First World War left a legacy of chaos that is still with us a century later. Why did European leaders resort to war and why did they not end it sooner? Roger L. Ransom sheds new light on this enduring puzzle by employing insights from prospect theory and notions of risk and uncertainty. He reveals how the interplay of confidence, fear, and a propensity to gamble encouraged aggressive behavior by leaders who pursued risky military strategies in hopes of winning the war. The result was a series of military disasters and a war of attrition which gradually exhausted the belligerents without producing any hope of ending the war. Ultimately, he shows that the outcome of the war rested as much on the ability of the Allied powers to muster their superior economic resources to continue the fight as it did on success on the battlefield.

Fundamentals of War Gaming

Fundamentals of War Gaming
Author: Francis J. McHugh
Publisher: Government Printing Office
Total Pages: 260
Release: 1966
Genre: History
ISBN: 9781935352006

Fundamentals of War Gaming provides an in-depth introduction to the basics of military gaming, and offers historical insights into the devewlopment of war gaming methodologies. It covers the evolution of gaming tools such as the ancient adaptations of chess and the development of Kriegspiel to teach military tactics to Prussian officers. The employment of gaming by various military powers, before and during the World Wars, is explored and culminated with the introduction of computer support and simulations in the U.S. Navy.