An Entertaining Paper, from Jeff Watson
Here's a paper on wagering from someone from the stat dept. of Columbia. I suspect that he's an intellectual and has not spent much time at the track, poker rooms, betting on sports, etc. However, there is some good discussion following the article which makes for a very entertaining read. As little as I know about the real world, it's refreshing to know that there are people who even know less. I wouldn't mind sitting down with the author betting on a game of his design, choice, or anything. Getting the losers to pay is another topic that deserves a paper from the same department with equal gravitas.