Sublime

There are the more legitimate booths, too. D&B Poker, a publisher of poker books, is advertising a new book by Chris Moorman, about his path to becoming “the most successful online poker player of all time.” A huge cardboard cutout of what I assume is Moorman himself stands next to a display of books.

As a player, you bet more when the odds of getting a card you want are in your favor and less when they are against you.

Poker abides by a “trickle up” theory of wealth: the bottom 10 percent of players are losing money quickly enough to support a relatively large middle class of break-even players.

As for stocks, I like Peter Lynch’s book Beating the Street for his formula for selecting stocks that grow in value.

I started with the fact that the strategy I had used in the casino assumed that every card had the same chance of being dealt as any other during play. This cut the casino’s edge to just 0.62 percent, the best odds of any game being offered. But I realized that the odds as the game progressed actually depended on which cards were still left in the

The Kelly system manages money so that the bettor stays in the game long enough for the law of large numbers to work.