Gambler’s ruin is Darwin’s ruin

The same day I first watched “Expelled” in theaters, I also watched the movie “21”. The movie “21” is based on the true story of MIT students who made a fortune in Las Vegas casinos through the use of mathematics. The real story behind the movie began with an associate of Claude Shannon by the name of Dr. Edward O. Thorp of MIT. In the Early 60’s, Thorp published a landmark mathematical treatise on how to beat casinos. His research was so successful that Las Vegas casinos shut down many of their card tables for an entire year until they could devise counter measures to impede Thorp’s mathematics. Thorp is arguably the greatest gambler of all time. He extended his … Continue reading Gambler’s ruin is Darwin’s ruin