The Eudaemonic Pie is a 1985 book by American author Thomas A. Bass
Thomas Bass
Thomas Bass is an United States writer and professor in literature and
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The Eudaemonic Pie is a 1985 book by American author Thomas A. Bass
Thomas Bass
Thomas Bass is an United States writer and professor in literature and history. The 1985 publication of his book The Eudaemonic Pie is believed to have motivated the passage of a Nevada law banning the use of devices to gain an advantage at casino games.... , about a group of UC Santa Cruz physics graduate students (known as the Eudaemons
Eudaemons
The Eudaemons were a small group headed by graduate physics students J. Doyne Farmer and Norman Packard at the UCSC in the late 1970s. The group's immediate objective was to find a way to beat roulette, but a loftier objective was to use the money made from roulette to fund a scientific community.... ) who in the late 1970s and early 1980s designed and employed miniaturized computers, hidden in specially modified shoes, to help predict the outcome of casino roulette
Roulette
Roulette is a casino and gambling game named after the French language word meaning "small wheel". In the game, players may choose to place bets on either a number, a range of numbers, the color red or black, or whether the number is odd or even.... games. The players knew, presumably from the earlier work of Shannon and Thorp , that the behavior of roulette wheels was not completely random, and that by measuring the speed of the ball and taking into account peculiarities of the particular wheels being played they could increase their odds of selecting a winning number to gain a 44 percent advantage over the casinos.
A British edition was published under the title The Newtonian Casino.
The major players in The Eudaemonic Pie are also featured in a sequel by the same author, The Predictors, about their subsequent careers in the world of finance.
