What Mathematics Fields Are Key to Understanding Gambling?

[Winzer]

Suppose I am very interested in the subject. What field/s of mathematics would I be studying?
Combinatorics, Statistics and Probability?

 

[mathman]

Suppose I am very interested in the subject. What field/s of mathematics would I be studying?
Combinatorics, Statistics and Probability?

Essentially both. Discrete probabilities (gambling odds for example) are frequently derived using combinatorics.

 

[montoyas7940]

This fella' has a pretty good website with info about probability and gambling.

www.wizardofodds.com

 

[Adeimantus]

Also, here's an online book by Edward Thorp, the guy who figured out how to beat blackjack:

http://www.bjmath.com/bjmath/thorp/tog.htm