Chapter
The Birth of the Wearable Computer and the Shoe Computer
11:34 - 16:24 (04:50)
One group of computer programmers sought an advantage in beating the odds in roulette by wearing computers on their bodies, while another designed a shoe computer for the purpose of cheating at blackjack, both in the 1960's.
Clips
The hosts discuss the challenges and limitations of testing card counting strategies in blackjack, including the issue of players using a partial deck, which may not be a representative sample of the whole deck.
11:34 - 13:52 (02:18)
Card counting
Summary
The hosts discuss the challenges and limitations of testing card counting strategies in blackjack, including the issue of players using a partial deck, which may not be a representative sample of the whole deck.
ChapterThe Birth of the Wearable Computer and the Shoe Computer
Episode#596: Edward O. Thorp, A Man For All Markets — Beating Blackjack and Roulette, Beating the Stock Market, Spotting Bernie Madoff Early, and Knowing When Enough is Enough
PodcastThe Tim Ferriss Show
In the late 1950s, a group of scientists built a small computer with 11 transistors in an effort to predict the outcome of their roulette game and eventually developed a more advanced machine, with hundreds of thousands of dollars worth of equipment, to help them win.
13:52 - 16:24 (02:32)
Computer Science
Summary
In the late 1950s, a group of scientists built a small computer with 11 transistors in an effort to predict the outcome of their roulette game and eventually developed a more advanced machine, with hundreds of thousands of dollars worth of equipment, to help them win.