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“If you are so smart, why are you so poor?” — this famous phrase stated by the well-known American mathematician Edward Thorp inspired many people to review their approaches to gambling. During his life, this man managed to win big in the casino and then make another $800 million on Wall Street. How did his interest in gambling and math help him to become a millionaire? Let’s figure out. The Guy Who Invented Counting Strategy for Baccarat In 1962, Thorp’s book “Beat the Dealer” on the winning strategies in blackjack made the casino world go wild. With the mathematician Claude […]