Thorp The question I will answer is how to "manage your money" inEdward O. Having brushed shoulders with casino mobsters and survived, he shared his secrets with the world, launching a gambling renaissance. 795 million. Photo courtesy of Society for Science & the Public. Ken Uston. His blackjack system was so successful that the casinos had to change their rules in the 1960s to make it harder for him to beat them. Edward Thorp is the bestselling author of Beat the Dealer. In the late 1950s, 26-year-old Ed Thorp was on his way to “lead the usual low-budget academic life” as a maths professor. Thorp was the scientist/math geek behind finding the best and most winning strategy for blackjack. 1. Thorp's. From his groundbreaking insights into card counting and probability in blackjack to his innovative trading techniques, Thorp’s contributions have revolutionized both the gambling and trading worlds. Beating the House. thorp ch 7 portfolio choice and the kelly criterion, pp 81-90 edward. $0. " Which, by the way, is the ultimate objective of. “It would be hard to understate the impact Ed Thorp had on the game of blackjack. Edward Oakley Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack researcher. Forward 15 seconds. He was a mathematics professor in Chicago, and he was always passionate about this than about. Along with innovative applications of probability theory, Thorp is also the New York Times bestselling author of Beat the Dealer, the. Thorp began to delve into the theory of probability, he realized he could beat the game of blackjack and he could prove it. 00. The text was based on Thorp’s original research that stemmed from his curiosity about the game of 21, and was billed as a “how to book” for the lay person to beat the casinos at blackjack. As mentioned in our article on Bill Benter, Edward Thorp was made famous through his book Beat the Dealer. 1% returns for nearly twenty years. Edward Oakley Thorp ( Chicago, 14 de agosto de 1932) é um matemático, gerente de fundo de cobertura e jogador de blackjack estadunidense . , June 12, 2018 – The University of California, Irvine Libraries have received the personal papers and professional records of Edward O. This genius man is also known as the father of card counting thanks to his best-selling book, Beat the Dealer: A Winning Strategy for the Game of Twenty-One. Edward Oakley Thorp is widely regarded as the creator of card counting, a popular gambling technique in which players keep track of which cards have been played and which cards are still in the deck. Thorp, a slightly built, soft-spoken MIT mathematician with glasses, good manners and an interest in gambling. Indeed, Ed Thorp himself had developed the original system whilst at MIT, using one of the most powerful computers in the world at that time. His subsequent book, Beat the Market , coauthored with Sheen T. Thorp is 88 years old and he already developed card counting techniques back in 1961, when there were no good computers to rely on, impressive isn’t it?. The game was blackjack. Edward O. Thorp became interested in blackjack after reading a paper that provided a way to play the. Ed Thorp was the first person to systematically beat casinos at blackjack. Jun 14, 2022 #1. 6%. His groundbreaking investment strategies have earned him $800 million and catapulted countless investors into extraordinary wealth. Thorp is a mathematics professor, author, hedge fund manager, and blackjack player. M. See, for example, Blackjack Counter for Pocket. This family of card games also includes the European games vingt-et-un and pontoon, and the Russian. Edward O. For the unfamiliar, Thorp was one very successful investor, blackjack player and mathematician. Tommy Hyland has been managing the most successful blackjack team for thirty years already (since 1979). Edward O. Kassouf, influenced securities markets around the globe. Thorp. To beat roulette, he and the father of information theory, Claude. Embed. It was the first widely available publication that gave a firm mathematical proof on how a player could beat the game of 21. Edward O. There are also many web sites that describe card counting systems and provide software with which to practice. Blackjack. Edward Thorp’s most famous book is “Beat the Dealer,” published in 1962. 110—112_ A FAVORABLE STRATEGY FOR TWENTY-OSF. He is considered by many as the Father of Card Counting. Ask any blackjack player who the godfather of card counting is and they will likely tell you it is Edward O. by Edward O. He is the first person to have proven mathematically that it is possible to beat. A pioneer in modern applications of probability theory, Thorp’s bestselling book, Beat the Dealer, mathematically proved that the house advantage in blackjack could be overcome by… More about Edward O. But in the game as played, successive rounds are dealt from a more and more depleted pack of cards. It compounded money at 19. Thorp. Ed Thorp. Thorp was born in Chicago, Illinois on August 14, 1932. Foi pioneiro em aplicações modernas da teoria das probabilidades, incluindo o aproveitamento de pequenas correlações para ganho financeiro confiável. 361): “In 1964, in an effort to test Professor Thorp's 'winning Black Jack' statements I challenged him to a $100,000 contest to be staged in Las Vegas. This series documents Thorp's writing and research related to gambling, game theory, mathematical finance, functional analysis, probability and statistics, and other various topics. Dr. The final operating version was tested in Shannon’s basement home lab in June of 1961. Today, Thorp owns a successful company in Newport Beach, California—Edward O. Thorp later proved players could beat the house in blackjack by. He completed undergraduate and graduate work at U. His remarkable success—and mathematically unassailable method—caused such an uproar that the casinos. I had picked the book up as a summer read while home from college. tion in blackjack is more complex than the coin toss game because t l) the payoff on a one-unit initial bet can vary widely, due to such things as dealer or player blackjacks. Famous for playing: Blackjack, baccarat. Thorp was published in the mid-1960s, but it’s surprisingly still applicable to readers today. Dr. エドワード・オークリー・ソープ（Edward Oakley Thorp、1932年 8月14日 - ）は、アメリカ合衆国の数学者。 エド・ソープとも呼ばれる。彼は、数学理論をブラックジャックなどのカジノゲームに適用したことで有名である。 金融工学者としても知られている。Even if you don’t know the name Ed Thorp, you know his work. practical application of the Kelly criterion by using it for card counting in blackjack. Edward Thorp (Blackjack) Edward Thorp is a maths professor, fund manager and famous gambler. Edward Thorp. Macro Ops. Thorp is a mathematics professor, author, hedge fund manager, and blackjack player. Edward O. Reception. Thorp rose up from nothing to become a professor at MIT, invented card counting and proceeded to beat the dealers of Las Vegas at blackjack, roulette and baccarat. 8. From Las Vegas to Monte Carlo, the tables have been turned and the house no longer has the advantage at blackjack. What is the Santa Fe Institute? The Santa Fe Institute is a research center that focuses on complex systems and interdisciplinary research. A child of the Great Depression, legendary mathematician Edward O. The authors had developed their strategy for a complete randomly shuffled deck. Kassouf, influenced securities markets around the globe. Edward Thorp is the bestselling author of Beat the Dealer. From Mathematician to Vegas’ Worst Nightmare. by Edward O. He also was the co-inventor of the. Indeed, Ed Thorp himself had developed the original system whilst at MIT, using one of the most powerful computers in the world at that time. The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. Tommy Hyland has been managing the most successful blackjack team for thirty years already (since 1979). A. Those changes would prove to be short-lived, but Thorp's. To me, this “sampling without replacement”, or “dependence of trials. But the blackjack strategy guide wasn’t created by Edward Thorp alone, although the foundation of “the book” was based largely on his work. Edward Thorp. Playing Blackjack to Win. M, Max Rubin. Tommy Hyland. His father was a veteran of World War I, and the senior Thorp had met his future. Ed Thorp Blackjack. thorp ch 8 optimal investment and consumption strategies under risk for a class of utility functions, pp 91-111 nils h. Thorp, mathematics genius and author of Beat the Dealer, wrote the first book to outline card counting for improving odds when playing blackjack. Edward O. Thorp successfully tested his strategies in Nevada casinos. in mathematics from UCLA. The casinos altered the rules of the game to offset the advantage that Thorp’s analysis gave players. (1932, Chicago. 000 đô laEdward O. Thorp : biography 14 August 1932 – Edward Oakley Thorp (born 14 August 1932) is an American mathematics professor, author, hedge fund manager, and blackjack player best known as the "father of wearable computer" after inventing the world’s first wearable computer in 1961. Q. On a single deck, if you are otherwise good at blackjack, it would really give you an edge. He was a pioneer in modern applications of. Thorp’s first card counting system, called the 10 Count System, was the first publicly known system to be mathematically proven. He also backed up his theories by playing in the casinos and winning. It recounts the complex journey of one of finance’s most interesting characters from skeptical academic to blackjack card counter and finally to successful speculator. This book is an excellent read for anyone interested in learning more about the game of blackjack and who wants to learn Thorp’s unique winning strategies. At first, casinos in Las Vegas thought that Thorpe was bragging, until Thorpe appeared and swept casinos with the strategy laid out in his book. Beat the Dealer by Edward O Thorp (pp. The Newport Coast mansion of blackjack strategist Edward Thorp has changed hands after just over two months on the market. The papers consist of scholarly and personal papers, including published and unpublished manuscripts, research and reference files. Edward Oakley Thorp is an American mathematics professor, author, hedge fund manager, and blackjack researcher. His card-counting system meant that he could tell at certain points during the game whether he had an advantage over the dealer. pair split. Articles from the UCI Libraries Special Collections and Archives, Edward O. Ed Thorp published his guide to beating blackjack. No preferentials and no heat received for spreading. Erica Shoenberg. Thorp's reply was a big 'No'. doubling down. I have recently heard complaints that cards have been missing from the pack in some casino blackjack games. The system worked so well that Las Vegas casinos actually changed the rules of blackjack to give the dealer an added advantage. Edward O. Two years earlier, Thorp's book, Beat the Dealer, was published, explaining the system for winning at blackjack he developed based on the mathematical theory of probability. Synopsis. Ông cũng được biết đến như tác giả, người quản lý quỹ phòng hộ và nhà nghiên cứu blackjack (trò chơi bài được. From Mathematician to Vegas’ Worst Nightmare. Thorp, American mathematics professor, hedge fund manager, blackjack player, and founding faculty member at the University of California, Irvine. Ed Thorp – A Genius Blackjack Player. Thorp 2002 Author of the 1960s classic Beat the Dealer, which changed the way we think about blackjack. Thorp. REVIEWS:In 1962 Ed Thorp published Beat the Dealer. Edward O. netcom. Ed Thorp accurately predicted the US COVID-19 death toll before any deaths were recorded. (1932, Chicago. This instant collector’s item includes a foreword by blackjack legend Edward O. Thorp (@EdwardOThorp) is the author of the bestseller Beat the Dealer, which transformed the game of blackjack. He then shared his results with the public by writing books. His subsequent book, Beat the Market, co-authored with Sheen T. Thorp, a founding professor of mathematics, hedge fund manager,. Thorp arious counting SYS. Random House, 1962. Edward Thorp đã đi tiên phong trong các ứng dụng hiện đại của lý thuyết xác suất, bao gồm việc khai thác các mối tương quan rất nhỏ. criterion to Casino Blackjack in [31, to other gambling games in [4], and to modern portfolio theory In In the coin-tossing game just described, since the gambling probability and the payoff at each bet are the same, it seems intuitively clear that an "optimal" strategy will involve always wagering the same fraction f of your bankroll. It uses decks of 52 cards and descends from a global family of casino banking games known as "twenty-one". Edward O. Thorp (@edwardothorp), author of the bestseller Beat the Dealer, which transformed the game of blackjack. Ed Thorp, the father of quant investing, might be the most impressive market wizard. The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. Click here to see the total pay, recent salaries shared and more!View Elizabeth Thorp’s professional profile on LinkedIn. It started the blackjack craze in the 60s. After using computers to help refine his card counting strategies, he put his theories to the test. Dr. Author: Luke Holmes 14 Dec 2021. Thorp is the father of card counting, and in Beat the Dealer he reveals the revolutionary point system that has been successfully used by professional and amateur card players for two generations. Thorp had first envisioned a technique for predicting roulette outcomes as a physics undergraduate. Thorp and Mickey MacDougall tangram. He was a pioneer in modern applications of probability theory, including the harnessing of very. 91 by Edward O. 1 Before he shut down PNP, he was basically turning it into the first multi-strategy hedge fund (and later invested in the most prominent one, Citadel). Coin tossing 388 3. Prior to the publication of this book, Blackjack players gave a huge advantage to the casino. A pioneer in modern applications of probability theory, Thorp’s bestselling book, Beat the Dealer, mathematically proved that the house advantage in blackjack could be overcome by… More about Edward O. “The first thing people who have control do is tilt the playing field. He would go on trips with his friend Claude Shannon and Claude's wife Betty on the weekend to Las Vegas. Random House, 1962. Thorp is a renowned mathematician, professor, and author who pioneered the fields of card counting, blackjack strategy, and quantitative finance. The casinos must have been torn. He became famous when he wrote the book Beat The Dealer, in which he documented a rational way of betting to beat the casinos in blackjack. Thorp is an author, a mathematics professor, and a professional blackjack player. Ed Thorp in 1964. Edward O. Edward Oakley "Ed" Thorp (born 14 August 1932) is an American mathematics professor, author, hedge fund manager, and blackjack player best known as the "father of the wearable computer" after inventing the world's first wearable computer in. Not only did he devise a winning system for blackjack, he achieved an annual investment return of ~ 20 percent for nearly thirty years as a hedge fund manager. " The difference is that Thorp's. 3. On a single deck, if you are otherwise good at blackjack, it would really give you an edge. Summary. Thorp’s focus on blackjack was, however, a by-product of a separate casino-related obsession: roulette. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. Thorp is the author of the bestseller Beat the Dealer, which transformed the game of blackjack. He wrote the popular book, Beat the Dealer, in 1962. Thorp is the father of card counting, and in Beat the Dealer he reveals the revolutionary point system that has been successfully used by professional and amateur card players for two generations. This was before he wrote his book "Beat the Dealer" in 1962. 4. Anyone with a basic knowledge of blackjack’s illustrious history has heard of Edward O. 240) Written in 1966, this is THE original gambling book. This book, published in 1962, was the first that actually mathematically proved that blackjack was beatable using card counting techniques. give the blackjack player an advantage, pro- vided that the cards are well shuf- fled and that the game is honest. An excerpt from the La Times:. His second fund, which he ran from August 1992 to September 2002, performed just as well with an annualized return of 18. And yet, it is vaguely dissatisfying. Thorp was the scientist/math geek behind finding the best and most winning strategy for blackjack. The mathematician, Edward Thorp, described how to figure out the sequence of the cards and how to bet accordingly. A croupier deals a card on a blackjack table at a Gaming Partners International Corp. doubling down. A Mediterranean-style courtyard estate owned by card-counting mastermind Edward Thorp is for sale in Newport Coast. 1% for almost 20 years — destroying the S&P 500. Thorp was published in the mid-1960s, but it’s surprisingly still applicable to readers today. In 1962, the young writer Tom Wolfe wrote a sympathetic profile in the Washington Post about a 30-year-old mathematician who had learned how to beat the house in blackjack. Edward O. Legendary quantitative thinker and blackjack whiz Ed Thorp answers questions about his new book, a memoir of beating Las Vegas and Wall Street. “basic” strategy for blackjack that allegedly cut the House edge to a mere 0. Like most "ten-count" card counting systems, Thorp's Ten Count tracks the ratio of high cards to low cards in the deck by assigning each card a numeric value, which is then counted as each card is seen. Up until that point it was believed that it was impossible to legally beat. "But it exploded as a popular casino game after Edward O. Besides his work as an author, Patterson has also conducted clinics in blackjack, and he collaborated with Will Cantey and Herb Maisel to build the first blackjack computer simulation model. BJ, R. Ed Thorp is not well known among money managers, but he is held in awe by traders as a polymath, successful card counter, mathematician, finance specialist, and hedge fund manager. Reprinted countless times, Thorp's Blackjack Basic Strategy. The mathematician, Edward Thorp, described how to figure out the sequence of the cards and how to bet accordingly. (Born Aug 14, 1932) Author of the classic and best selling blackjack book Beat the Dealer and developer of several blackjack counting systems. Fixed-fraction betting. In his book, Beat the Dealer, published. The Kelly Money Management System. An American mathematics professor, author, hedge fund manager, and blackjack researcher, Thorp pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. Only then did the game become wildly popular. e. Thorp is 88 years old and he already developed card counting techniques back in 1961, when there were no good computers to rely on, impressive isn’t it?. Vintage Books, Revised Edition, 1966. His subsequent book, Beat the Market, co-authored with Sheen T. Living on a teaching assistant’s stipend from UCLA and following a cheap. Edward Thorp is a renowned American mathematician, author, hedge fund manager, and blackjack player. Welcome to video 6 in our series of People Who Got Rich from Sports Betting. He also holds that banks’ speculative arms should be broken off — essentially a return to the Depression-era Glass-Steagall law that was controversially repealed by President Clinton. Long Arm of the Law: A Nevada Court Victory for Counters G. He released it a year ago, and now there's evidence in: it works David E. He’s the man who beat the dealer, and later, beat the market. Edward Thorp is a member of the institute and has donated. This book is an excellent read for anyone interested in learning more about the game of blackjack and who wants to learn Thorp’s unique winning strategies. Since the release of his 1962 book, Beat the Dealer: A Winning Strategy for the Game of Twenty-One, players have memorized the chart in an effort to have an advantage when the cards are dealt. We will present some useful formulas and methods to. Thorp. Feb 13, 2012 at 10:21 AM EST. This is for the player using basic strategy versus a single tenless Griffin writes:EDWARD THORP Department of Mathematics, Massachusetts Institute Of Technology of the VOL47. In both these settings, we explore the use of the Kelly criterion, which is to maximize the expected value of the logarithm of wealth (“maximize expected logarithmic utility”). Thorp. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. Ông là một giáo sư toán học người Mỹ, tác giả sách, nhà quản lý quỹ đầu cơ và nhà nghiên cứu bộ môn Blackjack. Thorp is one of the world’s best blackjack players and investors, and his hedge funds were profitable every. Thorp claims to have made this historic breakthrough by feeding the equivalent of 10,000 man-years of desk-calculator computations into an IBM 704 computer and arriving at a set of discoveries about the way the odds fluctuate in the game of blackjack, or twenty-one. and M. Thorp is the author of the bestseller Beat the Dealer, which transformed the game of blackjack. Thorp Edward O. Thorp’s first card counting system, called the 10 Count System, was the first publicly known system to be mathematically proven. Can casino be beaten? Ed Thorp. Edward Thorp’s trading strategy is a testament to the power of mathematical thinking in overcoming the odds. While teaching at UCLA, he and his wife, Vivian, were looking to get away one Christmas break. and even card counting in blackjack. He turned seemingly random processes into predictable events, transforming. Net Worth: $800 million. In 1969, Thorp created the first market. But there is a lot more to Edward Thorp, so let. He went to Las Vegas on a holiday vacation and experimented with a blackjack strategy about which he recently read. Ed Thorp is a mathematician, investor, and blackjack player who developed the card counting system known as the “Thorp count”, which is now used even in online pokies real money. His subsequent book, Beat the Market, co-authored with Sheen T. Scherman on January 13, 1964 p1-3 of SI Vault (beta)(CNN) Quotes: The unlikely trio was soon on their way to Reno and Lake Tahoe,. He was the first to publish both a basic strategy to a wide audience, to get the odds almost break even, and how to beat the game by card counting. "Another games player who switched to finance early was Ed Thorp, the mathematics professor who invented blackjack card counting. Edward O. As a UCI founding professor of mathematics, best-selling author, hedge fund manager and. Edward O. Edward Oakley Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack researcher. Description. In a remarkable career, Edward O. Random House, 1962. Thorp Edward Oakley Thorp. 2% over a decade. The Love Boat ll. By: Edward O. According to the book, which was published several weeks ago, Edward Thorp, a well-known quantitative trader and world class blackjack player (author of "Beat the Dealer," on how to count cards. To him, it. Beat The Dealer: A Winning Strategy for the Game Of 21. Bill Benter 2016 A former. Blackjack luminary, Ed Thorp, attended the Ball for the very first time. Show casinos near me. His father fostered this exploration, even during the lean years of World War II, giving him advanced books to read and treating him to special gifts, including a mineral set Ed fondly recalls experimenting with during. Beat the Dealer - blackjack book which had been written by Edward Thorp and has sold more than 1,000,000 copies so far. Edward O Thorp is widely known as the author of the 1962 Beat the Dealer, which was the first book to prove mathematically that blackjack could be beaten by card counting, and the 1967 Beat the Market, which showed how warrant option markets could be priced and beaten. He even wrote a book called “Beat the dealer” in which he. Thorp is an American mathematics professor, hedge fund manager, and blackjack player. His first hedge fund, Princeton Newport Partners, earned 19. Beat the Dealer: A Winning Strategy for the Game of Twenty-One. Beat the Dealer by Edward O. Utah State University DigitalCommons@USU All Graduate Plan B and other Reports Graduate Studies 5-2014 The Expected Value of an Advantage Blackjack playerEd Thorp is a brilliant guy who used math to beat the casinos at blackjack, roulette, and other games. This had been the book which made the casinos in Las Vegas change all of their rules since the impact of this book had been massive. 00. He’s responsible for developing the first and most common strategic blackjack practice known as card counting, as well as the first wearable computer technology in history. In 1962, the young writer Tom Wolfe wrote a sympathetic profile in the Washington Post about a 30-year-old mathematician who had learned how to beat the house in blackjack. Ed Thorp’s journey to investing began in a casino. 99/year Edward O. Thorp and Associates. Although he doesn’t fit the theme of a sports bettor, it would be rude not to include betting pioneer, Edward Thorp, in our article series. Thorp's Real Blackjack is a 1990 video game published by Villa Crespo Software. PROFESSOR BLACKJACK (airing Tuesday, March 8th at 9:00 p. Edward O. Toe. Along the way, he was drugged, threatened, and cheated by casino bosses who initially mocked his published methods. Ed Thorp. The reader find her. Thorp studied mathematics and physics at UCLA and has applied his mathematical and scientific know-how in novel ways during his career. It was during the late-50’s and early-60’s, when Ed, a math genius and professor at MIT, took on the challenge of discovering a way to get an edge playing gambling games such as blackjack, roulette and baccarat. As appliedCheating at Blackjack by Edward O. 10—10, J— A—I. The Story of Edward O. Reception. RACHEL MARTIN, HOST: The card game. The seminal book that changed blackjack forever. This book teaches players the basics of the game but also instructs the reader in basic strategy and card counting. Trivia. Kassouf, influenced securities markets around the globe. Chapter 9 THE KELLY CRITERION IN BLACKJACK SPORTS BETTING, AND THE STOCK MARKET* EDWARD O. While some players could have used cards counting before, he is considered the inventor of this technique, as he was the first player to write a book on this topic. Tommy Hyland. Beat the Dealer is the bible for players of this game of chance, containing the basic rules of the game, proven winning strategies, how to overcome casino counter measures and spot cheating. The Blackjack Revolution . Casino Hustlers: Ed Thorp, the Man Who Beat the Double-Edged Houses of Las Vegas and Wall Street. 1. Edward O. Edward O Thorp is widely known as the author of the 1962 Beat the Dealer, which was the first book to prove mathematically that blackjack could be beaten by card counting, and the 1967 Beat the Market, which showed how warrant option markets could be priced and beaten. His subsequent book, Beat the Market, co-authored with Sheen T. ” 6. Edward O. The final operating version was tested in Shannon’s basement home lab in June of 1961. -P. 1 have bCen victi- m:zed by most of the more common techniques and have catalogued them in Beat the Dealer. Professional card counters are still making a living from the game. Renowned probability theorist Edward O. Thorp is a legend in both the gaming and the quant worlds. Recently he made a nice donation to the Blackjack Ball, which ensures the continuance of the ball even after it’s founder, Max Rubin, passes away. His book Beat the Dealer will go down as in history as the quintessential book that changed the game the. Luckily for him he found a sponsor in the form of a mafia gangster called Manny Kimmel, who lent the professor $10,000. After starting out as an American mathematics professor, he soon became a very successful quantitative hedge fund manager as well as a blackjack and roulette player. Long story short; Ed won—and he’s now considered the father of. The first three chapters of Beat The Dealer will give any aspiring blackjack expert an excellent conceptual foundation from which to start. well discuss how you might spot this cheating method. in. Edward O. Thorp was the author of the first important blackjack book, Beat the Dealer. He revolutionized gambling as he proved how to beat blackjack with card-counting and invented the first. Pick 1 audiobook a month from. Edward Thorp didn’t just start playing real money blackjack at a time when the game was vulnerable. View the Blackjack "Basic Strategy" Chart. Thorp is best known for writing the original card counting manual Beat the Dealer, which was first published in 1962, and for his research on probability theory applied to blackjack. The exhibit highlighted the extraordinarily diverse life and career of Edward O. Author of the book Blackjack Attack, a favorite among professional blackjack players. Ken Uston. Les Golden, the celebrated blackjack, roulette, and craps columnist for Bluff Europe, Gambling. in- surance. "Counting the . 240) Written in 1966, this is THE original gambling book. However, this all changed when a mathematician named Ed Thorp revolutionized card counting. Keep reading to find out more on Thorp along with how he. Thorp put early computers to use to run vast amounts of blackjack calculations and then went to the casinos of Las Vegas to put his theories to the test. Edward O. David’s comments on Thorp are so fascinating to me they are worth quoting in full: Out of every single person I have studied so far for the podcast, Ed Thorp is my personal blueprint. The seminal book that changed blackjack forever. He is also the author of a guide to investment, Beat the. Thorp is a mathematics professor, author, hedge fund manager, and blackjack player.