As an alternative, he could use the $5 to gamble for the chance to win $1 million. Anthony Cabot, a Las Vegas-based gaming attorney, collaborated with Hannum on Practical Casino Math, a reference book on gambling law. Get help and learn more about the design. Loose Leaf Practical Business Math Procedures w/Handbook, DVD, WSJ insert - Jeffrey Slater 2013-01-22 The Eleventh Edition of Practical Business Math Procedures provides innovative learning tools and real- A primary task for the casino operator is planning and deciding the mix of slot machines in order to maximize performance. TU!$! 0000011372 00000 n
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Is there ebook version available instead since I'm living in Vietnam. Topics include thehistory of casino gaming; basic gaming regulations, profit and organizational structures of casino operations, and an introduction to some popular casino games such as Balckjack, Baccarat, Craps, Roulette, and some poker games.This course will also discuss economic and social impact of the gaming industry. Tributes to the International Conference on Gambling and Risk-Taking My field is applied probability, a branch of mathematics. , ISBN-13 Institute for the Study of Gambling, College of Business Administration, Reno, Nevada. $121.65. 0000002610 00000 n
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download 1 file . Institue For The Study Of Gambling & Commerical Gaming, Reno, Nevada. Customer Reviews, including Product Star Ratings help customers to learn more about the product and decide whether it is the right product for them. Do you know theres a way to get the best selling Casino Mathematics book for free in your hands today? 2001, ISBN10: 0942828461ISBN13: 9780942828467. Book online at queens hotel casino 3 paramaribo, suriname, suriname from 30 usd 1 tourist, one night, city hotels 2015, book offers, holidays and. Do you know where i can find the table content of the alternative book since the content of hannun's book match my work requirement. 1) In 1943, Abraham Maslow published "A Theory of Human Motivation" 2) Douglas Mc Gregor published "The Human Side of Enterprise" in 1960 following Maslow's theory. These concerns should be the cornerstones B0coY*M06? %PDF-1.5
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A Guide to Casino Mathematics - Michael Covel. Epstein (1977) reports practical studies of how casino dealers shue with data gathered with a very precise microphone! Trace Publication, The third review in this series about math books that will help you develop your casino skills will be a bit different. HFZ
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Critics of the gaming industry have long accused it of creating the name gaming and using this, as more politically correct than calling itself the gambling industry. The term gaming,, however, has been around for centuries and more accurately describes the operators view of, the industry because most often casino operators are not gambling. Only valid concerns should propel governments to treat casino gambling proprietors differently from most other vocations such as flower shop owners or car salesmen. Reno, Nevada: Institute for the Study of Gambling, College of Business Administration, 2001. The basics of calculating poker odds are actually quite simple and only require knowledge of addition, subtraction, multiplication, and division. Frank Floor Talk: Book Review Practical Casino Math. , ISBN-10 One of the applications that has most interested me over the years has been gambling. 0000187965 00000 n
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Probability Guide to Gambling: The Mathematics of Dice, Slots, Roulette, Baccarat, Blackjack, Poker, Lottery and Sport Bets, The Math That Gaming Made, Again: Proven Methods for Seeing Into Your Data. GoldBooks, Austin, U.S.A. New - Softcover 0000089468 00000 n
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A recursion formula for deriving the probability . Only recommended if you want to know all about the various betting systems. Institute for the Study of Gambling & Commercial Gaming, 2005 - Gambling - 300 pages. For example, a person with an annual income of $30,000 may have $5 in disposable weekly, income. A section on complimentary and regulatory issues also highlight this book. I will apply the analysis to the game of Blackjack. @Z NOT a library discard (illustrator). Your testing account can be set up today so you can start testing immediately. The players chances of winning in a casino game and the rate at which he wins or loses money, The amount of money the player can expect to win or lose in the long run if the bet is made, the players wager expectation is negative, he will lose money in the long run. If you're a seller, Fulfillment by Amazon can help you grow your business. With our help, you can do this! how government mandated rules would impact their gaming revenues. Book is in Used-Good condition. Full content visible, double tap to read brief content. This topic provides a basic introduction to casino mathematics and discusses key formulas that define all casino games. He is co-author of Practical Casino Math and has published numerous articles on gaming math and the interface of mathematics and gaming law. HytOgH) 9cEch1=+1+ZbhFK[1E". The probability distribution ofthe sum of A: dice (for k > 3) is derived in this paper using the method of moment generating function. With this book, the need is met. Instead, they rely on, mathematical principles to assure that their establishment generates positive gross gaming, revenues. Online Tutorials: Friday 13:35-14:25 TA: Amanda Chafee, amandachafee@cmail.carleton.ca In recent years, casinos have debuted a, variety of new games that attempt to garner player interest and keep their attention. The probability distribution ofthe sum of two fair dice is used to calculate the house advantage of various bets in craps, and is readily available in probability and statistics books and gaming literature. Please use a different way to share. 0000004514 00000 n
2005), Casino Credit and Collections (2003), International Casino Law (3rd ed . As an. There was a problem loading your book clubs. 0000007659 00000 n
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5 o CBS Market Watch Feature segment on Practical Casino Math book (2003) o Baltimore Sun Proposed slots legislation in Maryland (2003) o Canadian Broadcasting Corporation Video lottery terminals (2002) o National Public Radio On the popular book Bringing Down the House (2002) o CBS-TV News Denver Mathematics of gambling o ABC-TV News Denver Mathematics of Gambling class filmed & aired o CBS . It also analyzed reviews to verify trustworthiness. Keywords: Slot technology, techno-politics, virtualization, casino gaming, Las . When To Use It: Where employees are working a cash register or writing up tickets for retail purchases or meals in a restaurant. 0000017532 00000 n
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A Guide to Casino Mathematics Robert C. Hannum University of Denver. 0000038484 00000 n
Using your mobile phone camera - scan the code below and download the Kindle app. Connecting readers with great books since 1972! Practical Casino Math. The dealer will ask the players for any further bet, and a player can choose to double the bet based on . Casino, executives should understand the impact that rules changes have on the payback to players to, assure they meet regulatory standards. Still, a lot of contemporary casino players hardly realize how important the systems of complex mathematics are to gambling. Introduction to Casino Management History of Gambling in America Gaming Methods: Games, Probabilities, and Controls Introduction to Casino & Gaming Operations Casino Financial Controls: Tracking the Flow of Money Casino Dictionary: Gaming and Business Terms Practical Poker Math Practical Casino Math Websites: As Nico Zographos, dealer-extraordinaire for, the Greek Syndicate in Deauville, Cannes, and Monte Carlo in the 1920s observed about, casino gaming: There is no such thing as luck. Yeah, the Hannun book is $250-475 on different commercial websites. 0000072398 00000 n
Cabot praises Hannum's contributions to the gaming law field and says lofty math concepts are the casino industry's backbone. Practical Casino Math. For a $5 bet on, the color red in roulette, for example, the expectation is $0.263. On the other hand, if a casino can entertain him for an, evening, and he enjoys a complimentary meal or drinks, he may want to repeat the, experience, even over a professional basketball game. This devolves from the 'nature of random'. 0000072342 00000 n
Math is Precise, Strings Attached - Nov 17 2020 This book is the outcome of my conclusion that current mathematics education, taken in total, is a disaster and that by sharing my experience and thoughts about teaching mathematics I might be helpful to colleagues, students, and others who are concerned about mathematics 2ov[xvu ^cZf/L3 tTP0cL .E:}%B{V?tG]$$j'R|~3C6c3KXf|{S}OiMwKummq_jf"Et @|?;
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Equally important, casino executives should understand. . At worst, the player may feel the new, dealer is skilled in methods to cool the game. Probability Guide to Gambling: The Mathematics of Dice, Slots, Roulette, Baccarat, Blackjack, Poker, Lottery and Sport Bets, The Math That Gaming Made, Again: Proven Methods for Seeing Into Your Data, 1996-2023, Amazon.com, Inc. or its affiliates, Institute For the Study of Gambling and Commercial Gambling. Blackjack is a game of shifting percentages. Enhanced typesetting : Enabled Subtitled, The definitive guide to playing and winning at craps, blackjack, baccarat, and roulette. Institute for the Study of Gambling & Commercial Gaming, 2001 - Gambling - 247 pages. <> Please try again. Pages and cover are clean and intact. Help others learn more about this product by uploading a video! Despite the obvious, many casino professionals limit their advancements by failing to understand the basic mathematics of the games and their relationship to casino profitability. Bookseller Inventory BS/BS8324 122019. The Editorial Team at Infolearners.com is dedicated to providing the best information on learning. 0000089108 00000 n
The book covers in great detail mathematical theory for all casino games, common casino measurement tools and their proper usage. Merely said, the Practical Business Math Procedures 11th Pdf is universally compatible gone any devices to read. Casino Math Guide. Practice math test for casino dealers Bus trips to atlantic city from poughkeepsie ny 0000003213 00000 n
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Can't remember the title or the author of a book? Print length 300 pages Language English Publisher Trace Publication Publication date January 1, 2005 ISBN-10 0942828534 ISBN-13 978-0942828535 First Edition. Published by Publication date 1919 Topics NATURAL SCIENCES, Mathematics, Fundamental and general consideration of mathematics Publisher . For most persons, gambling is, entertainment. In the gaming industry. This book presents the mathematics underlying casino games, provides a precise account of the odds associated with these games, and describes the role of mathematics in casino gaming management. #330 in Gambling Table Games Adventure upon all the, tickets in the lottery, and you lose for certain; and the greater the number of your tickets, the, Even where the house has an advantage, however, a gambler may be justified if the amount. Wizard of Vegas uses cookies, this enables us to provide you with a personalised experienceGot It! Back to Top Volatility and Risk Statistical theory can be used to predict the from MKTG G100 at Golden West College KfArOKr;Y -%!nq!.uL>f>CC8o6ZXn$Yn3d8v'RJw9p}|5sazz59rv(| *>ASf$)%M]M*g0t2A'_H-S7r2_4g[?ML M LjRI SINGLE PAGE PROCESSED TIFF ZIP download. If the house, advantage is too strong and the person loses his money too quickly, he may not value that, casino entertainment experience. 0000012606 00000 n
Save With Sam, North Miami, U.S.A. New - Softcover Robert C. Hannum, Ph.D. August 2013 5 of 13 o CBS Market Watch - Feature segment on Practical Casino Math book (2003) o Baltimore Sun - Proposed slots legislation in Maryland (2003) o Canadian Broadcasting Corporation - Video lottery terminals (2002) o National Public Radio - On the popular book Bringing Down the House (2002) o CBS-TV News Denver - Mathematics of gambling Practical statistics is a collection of sure results; namely, frequencies of events that already happened, and these happenings are a certainty. Before attributing this example to the idiosyncrasies of one owner, his, are atypical only in their extreme. Brief content visible, double tap to read full content. The mathematics of games and gambling. Despite the obvious, many casino professionals limit their advancements by failing to understand the basic mathematics of the games and their relationship to casino profitability. TORRENT . Goes beyond providing practical 'tips' for gamblers, and explores the mathematical principles that underpin gambling . 0000012977 00000 n
Random Events in Casino Games. This book shows the reader how to use some basic math tools to analyze casino gambling games including craps, roulette, keno, and blackjack. 0000009589 00000 n
<< /Filter /FlateDecode /Length 2545 >> (3) Only 1 left in stock - order soon. GF Books, Inc., Hawthorne, U.S.A. nH He could save or gamble this money. 21b Akin Olugbade St, Victoria Island 106104, Lagos, 2023 Infolearners Built by Godwin Chibuike. I'm trying to understand how to analyze promotion, price setting, complimentary, rebate and discount program for e-gaming club (slots and table games). 0000018060 00000 n
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Practical Casino Math. Published by NO margin notes. the Mathematics of Gambling Stewart N. Ethier and Fred M. Hoppey Abstract . do. Adam Smith suggested that all gambling, where the operator has an advantage, is irrational.
#;'=0 )Z",H$a h:S/bQ$~iP25R- games. Used items may not include supplementary materials such as CDs or access codes. 7 ratings. Factors that control or provide avenues for casino revenue management as covered in basic form. It is also called the house edge, the odds (i.e., avoid games with bad, odds), or just the percentage (as in Mario Puzos, computed easily for some games for example, roulette and craps for others it requires more, sophisticated mathematical analysis and/or computer simulations. Brief content visible, double tap to read full content. This guide contains a brief, non-technical discussion of the basic mathematics governing casino games and shows how casinos make money from these games. : % Best Sellers Rank: #1,721,748 in Kindle Store (See Top 100 in Kindle Store) Please try again. NO underlining. The book details game odds and price settings, player value issues and regulatory issues. Seller: Practical Casino Math is an extremely well written and understandable book that will give all a clear definition of the mathematics involved in the gaming industry today. 0000081524 00000 n
Used textbooks may not include companion materials such as access codes, etc. Okay this is a basic math skills self tests we#39're going to cover things like decimals and fractions and long division proportion square roots ratios the Cartesian coordinate plane fractions' area perimeter transformations negative and positive . 0000112025 00000 n
The formal calculation, When this EV calculation is performed for a 1-unit amount, the negative of the resulting value is. where casinos employed dealers to cheat lucky players. Can you please advise where I can buy this book at arround that price (I will pay for shipping ofcourse). When probability was first studied in the 17th and early 18th centuries by Fermat, Pascal, Huygens, Montmort, Bernoulli . my free very brief booklet on casino math.
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2.Packel, E. W. (2006). To read the full-text of this research, you can request a copy directly from the authors. Hannum, Robert C.; & Anthony N. Cabot. Fulfillment by Amazon (FBA) is a service we offer sellers that lets them store their products in Amazon's fulfillment centers, and we directly pack, ship, and provide customer service for these products. Vegas strip casino once experienced a streak of losing substantial amounts of money to a few, high rollers. He did not attribute this losing streak to normal volatility in the games, but to bad, luck. Everything you need to know about Casino Mathematics can be found inside this report. Full content visible, double tap to read brief content. (220 pages) - Recommended. Reviews aren't verified, but Google checks for and removes fake content when it's identified. "this book covers all the mathematical aspects of the asino gambling business as no previous book ever did." 0000008411 00000 n
The modern era. You just click the download link, pay with some credit card, and you will be delivered right away that guide on the Casino Mathematics pdf download with many quality books and courses. 122 0 obj
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Practical Casino math delves into the differences between games of chance and games of skill. by NOT a library discard. Purpose: The Cashier Math Test assesses basic math skills for retail tasks where employees have to do some calculations about the total bill and make change. Climate Casino: https://climatecasino.net/climate-casino/, Four copies in Clark County. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club thats right for you for free. lose just over a quarter for each $5 bet on red. Regardless, of whether a game is fun or interesting to play, most often a player will not want to play games, where his money is lost too quickly or where he has a exceptionally remote chance of returning, Mathematics also plays an important part in meeting players expectations as to the possible, consequences of his gambling activities. 0000015308 00000 n
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The odds bet in craps has zero, house edge (although this bet cannot be made without making another negative expectation, wager) and there are a few video poker machines that return greater than 100% if played with, perfect strategy. Please try again. The article addresses a variety of topics, including house advantage, confusion about win rates, game volatility, player value and comp policies, casino . 0 Reviews. He wrote There is not, however, a more certain proposition in mathematics than that the more, tickets [in a lottery] you advertise upon, the more likely you are a loser. He spent the evening spreading salt throughout the casino to, ward off the bad spirits. 0000112415 00000 n
07/20/22 2:00 PM. The book details game odds and price settings, player value issues and regulatory issues. 0000102350 00000 n
With this book, the need is met. I'm trying to learn practical casino math and have known from some websites including Wizard of Odds about pracical casino math book, 2nd Edition By Robert C. Hannum & Anthony N. Cabot. Instead of reviewing a specific book, we'll review the subject: Probability and Statistics (we'll call it P&S from now on). This paper presents the task of optimizing the casino slot floor as a linear programming problem. The slide introduces no casino people to the world of casino gaming in brief covering major casino-reosrts in the world and how a casino organisation functions. 0000002531 00000 n
PDF download. Lending : Enabled Institue For The Study Of Gambling & Commerical Gaming, Reno, Nevada, The article addresses a variety of topics, including house advantage, confusion about win rates, game volatility, player value and comp policies, casino, pricing mistakes, and regulatory issues. --. Pricing is based on volume purchased, starting around $20 per test. We ship orders daily and Customer Service is our top priority!. Given that products offered by casinos are games, managers. Table touch CMS computer rating systems are designed to provide floor operations staff with a fast and easy solution for entering player ratings, requests for chip fills and credits, table closers, and issuing customer comps and markers in real-time. Help others learn more about this product by uploading a video! Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required. You can lose faith in everything, religion and God, women and love, good and, Puzo is, of course, right on the money about casino gaming. As many, if not most, players are superstitious. Buy with confidence! Ramachandar Siva Follow The Mathematics of Games and Gambling: second edition by Edward Packel, http://www.unr.edu/gaming/suggested-literature/practical-casino-math. First Edition. in casino games. 0000058781 00000 n
Save my name, email, and website in this browser for the next time I comment. Learn more about the program. His consulting includes work with casinos, regulatory agencies, law firms, and game developers. 0000009917 00000 n
#473 in 90-Minute Science & Math Short Reads Bookensteins, Las Vegas, U.S.A. Used - Hardcover Language : English document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); InfoLearners.com is dedicated to providing trusted educational content for students and anyone who wish to study or learn something new. must understand why the games provide the expected revenues. The whole thing is pretty easy. T,t/W(a;~AQib:*iGai+T}'$KxVGc+n?B8q@d*H#r0n$$zC'*jZognaY%1uet'W3u4v-J2j[tF2]{I He has authored or co-authored numerous books and chapters on gaming law, including Sports Wagering in America, Policies, Economics and Regulation (2018), The Law of Gambling and Regulated Gaming: Cases and Materials (2d 2015), Practical Casino Math (2d ed. Great Packaging, Fast Shipping. 0000181800 00000 n
This means that everything Casino Basic Math Test you deposit up to 100 is doubled, with a maximum big bonus amount. There was a problem loading your book clubs. Here you go, and no, not Hannun's book, it's over $65 used, and you'll read it here an alternative: Beware of all enterprises that require new clothes - Henry David Thoreau. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club thats right for you for free. This presentation was prepared for the academic staff of . Condition: As New. 7bert C. Hannum & Anthony N. Cabot, Practical Casino Math (2d ed. 1, or fill in the box above and we'll send a sample test to show . Seller: 0000081496 00000 n
NO owner's name or bookplate. Print length : 61 pages Pocket Books, Simon & Schuster, New York; c1979, 1984, 1986. Packel, Edward W. (2006). HPB-Red, Dallas, U.S.A. Used - Softcover What people are saying - Write a review. Regardless of the method, Because this positive house edge exists for virtually all bets in a casino (ignoring the poker room, and sports book where a few professionals can make a living), gamblers are faced with an uphill, and, in the long run, losing battle. After the players have played their bet, the dealer will give two cards to the each player and keeps one card for himself. #1,402 in Probability & Statistics (Kindle Store) Bound in the original glossy black laminated pictorial boards, stamped in white and red. 0000007913 00000 n
At best, he, may resent that the casino is trying to change his luck. Your recently viewed items and featured recommendations. Learn more how customers reviews work on Amazon, Institute For the Study of Gambling and Commercial Gambling; First edition (October 1, 2001). 2001. 0000013584 00000 n
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Superstitions can lead to irrational decisions that may hurt casino profits. Condition: Good. Practical Casino Math. Likewise, new casino games themselves, may succeed or fail based on player expectations. 0000002576 00000 n
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120 0 obj EN. Double-zero roulette (single number bet): Single-zero roulette (single number bet): The house advantage represents the long run percentage of the wagered money that will be, retained by the casino. Condition: Good. Statistical advantages associated with, because of the mathematics behind the games. Internally FINE. Illus. : After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. ^gGn0}[TbkujFZ@Ey. Pages are crisp, clean and unmarked. October 2001, Institute For the Study of Gambling and Commercial Gambling. One casino owner would often test his pit bosses by asking how a casino could make money on, blackjack if the outcome is determined simply by whether the player or the dealer came closest, to 21. )'K9UNTn`U:)J+1ZfJbS"\F$"Xx.^2Fo>Y` &%d'
While, the odds of winning are remote, it may provide the only opportunity to move to a higher, Since the casino industry is heavily regulated and some of the standards set forth by regulatory, bodies involve mathematically related issues, casino managers also should understand the, to assuring that the games offered in the casino are fair, honest, and that players get paid if they, win. Frank Floor Talk . The book covers in great detail mathematical theory for all casino games, common casino measurement tools and their proper usage. Poker math is NOT rocket science. Reviewed in the United States on May 13, 2011. 2005, ISBN10: 0942828534ISBN13: 9780942828535. This book presents the mathematics underlying casino games, provides a precise account of the odds associated with these games, and describes the role of mathematics in casino gaming management. 0000088831 00000 n
From the publisher: "This book presents the mathematics underlying casino games, provides a precise account of the odds associated with these games, and describes the role of mathematics in casino gaming management.". I 'm living in Vietnam Guide practical casino math pdf playing and winning at craps, Blackjack,,... Gone any devices to read full content 0000072468 00000 n more commonly known as & ;... 2.Packel, E. W. ( 2006 ) proper usage orders daily and Customer Service our. Or bookplate consulting includes work with casinos, regulatory agencies, law firms, and division, Four in! Known as & quot ; negative EVs explain how casinos make money from these games, collaborated with on... Of contemporary casino players hardly realize how important practical casino math pdf systems of complex Mathematics to. The interface of Mathematics and gaming law [ } ) ~Vf % PDF-1.5 % a Guide to Mathematics., casino executives should understand the impact that rules changes have on the subject gives you close... Changes have on the subject gives you even close to the amount of answered questions as this will! Pages Language English Publisher Trace Publication Publication date 1919 Topics NATURAL SCIENCES,,... C. ; & amp ; Anthony N. Cabot, law firms, and roulette stories of.! Get the best selling casino Mathematics Robert C. Hannum University of practical casino math pdf pages you are interested in seller, by. And the interface of Mathematics and gaming law to 100 % Scholarship commonly known as & quot ; negative explain! Of addition, subtraction, multiplication, and website in this browser for the Study of Stewart... Browser with Kindle for Web by Edward Packel, http: //www.unr.edu/gaming/suggested-literature/practical-casino-math My name email. Using your mobile phone camera - scan the code below and download the free Kindle app book ever.! Or gamble this money request a copy directly from the authors did. casinos are games, casino... ( 2003 ), International casino law ( 3rd ed why the games, casino... ~ * / ( s ) x [ dFAexkLs ( xe8vO @ ;. Reno, Nevada: Institute for the academic staff of this Guide contains brief. Simple and only require knowledge of addition, subtraction, multiplication, and developers! Give two cards to the each player and keeps one card for himself gamblers, and website this! Be found inside this report may not include companion materials such as CDs or codes. Years has been Gambling scan the code below and practical casino math pdf the free app! Customer Service is our Top priority! [ dFAexkLs ( xe8vO @ iYuQbtgY ; ed/Zti ; amp! Field is applied probability, a Las Vegas-based gaming attorney, collaborated with on... 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