Thorp pioneered the use of quantitative investment techniques in the financial markets. 15 languages. The papers consist of scholarly and personal papers, including published and unpublished manuscripts, research and reference files. Thorp (@edwardothorp), author of the bestseller Beat the Dealer, which transformed the game of blackjack. Thorp was not a card player, but he was good with numbers. Edward Thorp xem chừng vẫn phông độ dù ở tuổi 84, là một thiên tài toán học, ông từng tìm ra cách đánh bại các nhà cái trong trò blackjack khi đang làm nghiên cứu sinh tiến sĩ tại Học viện công nghệ Massachuset (MIT). Thorp 2002 Author of the 1960s classic Beat the Dealer, which changed the way we think about blackjack. In it, Schlesinger answers virtually all of the thorny mathematical questions that have puzzled serious players for optimal betting,. A croupier deals a card on a blackjack table at a Gaming Partners International Corp. 109: Edward Thorp – The Man Who Beat the Dealer, and Later, Beat the Market. How the Kelly criterion strikes a balance between maximizing return when the probabilities lie in the investor's favor, and avoiding loss when they do not. At the time, most casinos were using a standard 52-card deck at blackjack tables. Thorp is the father of card counting, and in Beat the Dealer he reveals the revolutionary point system that has been successfully used by professional and amateur card players for two generations. Along with innovative applications of probability theory, Thorp is also the New York Times bestselling author of Beat the Dealer, the. 2. Vintage Books, Revised Edition, 1966. Timing is Crucial: Recognize that mispricings in securities draw the attention of. To him, it. The series includes his writings and research for magazines such as Gambling Times, Blackjack Forum, Winning, and Wilmott; his autobiography A Man for All Markets. The series includes his writings and research for magazines such as Gambling Times, Blackjack Forum, Winning, and Wilmott; his autobiography A Man for All Markets. Conventional wisdom in the 1950s held. Even though Professor Thorp was called away at the last minute, I was able to. His second fund, which he ran from August 1992 to September 2002, performed just as well with an annualized return of 18. Edward Thorp (Blackjack) Edward Thorp is a maths professor, fund manager and famous gambler. John Kelly publishes the Kelly Theory of bet sizing. Edward Thorp, The Black-Scholes Model, & The Nobel Prize. Thorpe, however, through his tireless research and rigorous mathematical statistical reasoning, has come to the conclusion that players can beat the makers in some games such as blackjack. | Joined Apr 2004. LinkedIn is the world’s largest business network, helping professionals like Elizabeth Thorp discover inside. He is also the author of A Man for All Markets: From Las. in. Edward O. This was before he wrote his book "Beat the Dealer" in 1962. Thorp is an American mathematics professor, hedge fund manager, and blackjack player. In 1958 Thorp was a young, up and coming professor at MIT. The first card counters used less refined tactics that didn’t give them much of an edge. Edward O Thorp is widely known as the author of the 1962 Beat the Dealer, which was the first book to prove mathematically that blackjack could be beaten by card counting, and. Edward Thorp’s trading strategy is a testament to the power of mathematical thinking in overcoming the odds. This book teaches players the basics of the game but also instructs the reader in basic strategy and card counting. That man was Julian. And simply stated it changed everything. New York: Vintage, 1966/1962. 1 have bCen victi- m:zed by most of the more common techniques and have catalogued them in Beat the Dealer. +4 to A-9; and -9 to the face cards. Ed Thorp Blackjack. Meet Edward Thorp Math professor, inventor, best-selling author, hedge-fund manager, gambler. m. Two years earlier, Thorp's book, Beat the Dealer, was published, explaining the system for winning at blackjack he developed based on the mathematical theory of probability. Thorp is one of the world’s best blackjack players and investors, and his hedge funds were profitable every. He is regarded as one of the best hedge fund managers in the world. Along the way, he was drugged, threatened, and cheated by casino bosses who initially mocked his published methods. His subsequent book, Beat the Market , coauthored with Sheen T. A croupier deals a card on a blackjack table at a Gaming Partners International Corp. A Mediterranean-style courtyard estate owned by card-counting mastermind Edward Thorp is for sale in Newport Coast. Thorp’s journey began in the 1950s when he was a graduate student at MIT. Reception. Thorp is a name often mentioned in the gambling world. I had picked the book up as a summer read while home from college. Thorp & Associates EOThorp@ix. This book, published in 1962, was the first that actually mathematically proved that blackjack was beatable using card counting techniques. The cigarette pack. Thorp has dedicated much of his life to mathematics and the application of ‘probability theory’ to all sorts of industries, including the casino and financial investment sectors. Edward O. However, history has some great professional. Shutterstock. Thorp. Thorp is the father of card counting, and in this classic guide, he shares the revolutionary point system that has been successfully used by professional and amateur card players for generations. His father was a veteran of World War I, and the senior Thorp had met his future. Thorp was honored at the 2017 Blackjack Ball for his. As a physicist and mathematician, he tackled the questions of roulette wheels and blackjack games in a scientific way and found that it was. Was Edward Thorp a member of the MIT Blackjack Team? No, Edward Thorp was not a member of the MIT Blackjack Team. Edward Thorp is a mathematics professor, hedge fund manager and also one of the best professional blackjack players in history. From a very young age, Ed Thorp has been driven by a natural curiosity that pushes him to embrace challenges and investigate complex ideas. Meet mastermind Edward Thorp, the genius who turned his blackjack prowess into a stock market goldmine. As a physicist and mathematician, he tackled the questions of roulette wheels and blackjack games in a scientific way and found that it was. A Dozen Lessons on Investing from Ed Thorp. REVIEWS:In 1962 Ed Thorp published Beat the Dealer. His subsequent book, Beat the Market, coauthored. In 1962, the young writer Tom Wolfe wrote a sympathetic profile in the Washington Post about a 30-year-old mathematician who had learned how to beat the house in blackjack. The man behind the name, "Fortune's Formula," is a living legend: Edward O. Thorp, more than anyone else, is responsible for blackjack card counting, the bane of many a manager of table games. Share to Linkedin. He would go on trips with his friend Claude Shannon and Claude's wife Betty on the weekend to Las Vegas. Thorp is the author of the bestseller Beat the Dealer, which transformed the game of blackjack. Position sizing. Anything by Arnold Snyder is a good starting point for most novice players. An Instructional Guide to Counting Cards in Blackjack for Significantly Improved Odds. Legions of professional blackjack teams using Thorp's system have engaged in a Darwinian war with casinos ever since, among them a legendary MIT team whose exploits inspired the film "21. “The first thing people who have control do is tilt the playing field. Thanks for the Pdf link. The book had a small print run and offered sixteen recommended strategy adjustments based on which cards had been. Thorp is a legend in both the gaming and the quant worlds. Edward Thorp is older than the other legendary players of blackjack are. Narrated by: Marc Cashman. ”Patterson asked what their blackjack strategy can tell us about managing risk in today's market: Mr. Investors can tilt the playing field by getting this edge and generate superior long-term returns, he reasons. “basic” strategy for blackjack that allegedly cut the House edge to a mere 0. July 22, 2017. The mathematician, Edward Thorp, described how to figure out the sequence of the cards and how to bet accordingly. " Harry. He is the author of “Beat the Dealer,” which was the first book to prove mathematically that. In both these settings, we explore the use of the Kelly criterion, which is to maximize the expected value of the logarithm of wealth (“maximize expected logarithmic utility”). To beat roulette, he and the father of information theory, Claude Shannon, invented the first wearable computer. 2690 E Main St, Bridgeport, CT 06610, USA. From blackjack and roulette, where he helped develop the first wearable computer, Thorp moved on to the “big casino” — that is, Wall Street. com Abstract The first wearable computer was conceived in 1955 by the author to predict roulette, culminating in a joint effort at M. 3 Stock market. Thorp, a slightly built, soft-spoken MIT mathematician with glasses, good manners and an interest in gambling. Ed Thorp used Braun’s programs as did both Lawrence Revere and Lance Humble. Thorp. Edward Thorp doesn. Edward O. Ed Thorp, author of Beat the Dealer and Beat the Market, about winning at blackjack and winning in the stock market, takes a very straightforward approach to writing about his life and it works well. Only then did the game become wildly popular. Shutterstock. Thorp, Edward O. Edward O. Edward Thorp đã quyết định gác kiếm, từ bỏ trò Blackjack vào năm 1064. Edward O. Thorp rose up from nothing to become a professor at MIT, invented card counting and the world’s first wearable computer, beat the casinos of Las Vegas at blackjack and roulette, then became a bestselling author and a hedge fund heavyweight, ushering in a revolution on Wall Street. He is regarded as one of the best hedge fund managers in the world. Edward O. NotesEdward Oakley Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack player. Edward O Thorp, the 84-year-old inventor of card-counting, was once the target of a suspected Mob hit. He received his bachelor's degree in physics from the University of • Shannon's colleague, Edward Thorp, applied scientifi c ideas to develop a card counting system for winning at blackjack. The exception to this simple rule is that one should hit a 12 if the dealer’s up card is 2 or 3. Ed Thorp (Photo Courtesy of Ed Thorp) Noticeably absent from this year’s Blackjack Ball was Professor Ed Thorp. Edward Oakley Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack researcher. Thorp is an American mathematics professor, hedge fund manager, and blackjack player. Years. in mathematics from UCLA. Thorp serves as the player's expert guide in learning how to play blackjack better. Thorp is an American mathematics professor, hedge fund manager, and blackjack player. He is the university math professor turned stock-market genius who invented card counting, wrote a bestselling. Edward O. Thorp. Edward Thorp. He also pioneered card-counting in blackjack, co-invented the first wearable computer to give him an. Toggle Computer-aided research in blackjack subsection. Ed Thorp was fascinated with Blackjack, and originated card-counting to improve the probability of winning, to what the card counter had and edge versus the casino. The book contained mathematical proof that you could do the seemingly impossible: beat the house at blackjack by counting cards. This genius man is also known as the father of card counting thanks to his best-selling book, Beat the Dealer: A Winning Strategy for the Game of Twenty-One. There was a man (I don't think it was Thorp) who was on the original I've Got a Secret a few years earlier, whose secret was that he had developed a method for winning at blackjack - i. The Black And White Classic Invitational Backgammon Tournament. 4. His subsequent book, Beat the Market, coauthored with Sheen T. Edward O. Edward O. Edward Thorp. Suppose someone says to you. Blackjack For a general discussion of blackjack, see Thorp. Edward O. As mentioned in our article on Bill Benter, Edward Thorp was made famous through his book Beat the Dealer. Edward O. Thorp, whose best-selling classic, Beat the Dealer (which relied on the original Playing Blackjack to Win), changed the public’s. Four Horsemen of the Apocalypse is the name given by gambling authors to the four U. Edward O. Edward Thorp is a member of the institute and has donated. The authors had developed their strategy for a complete randomly shuffled deck. The first scientific and mathematically sound attempts to devise a basic strategy were published by Roger Baldwin, et al in 1953. in- surance. Edward Thorp is the bestselling author of Beat the Dealer. Many of us dream of that elusive casino win, the in which we beat all the odds and, hopefully, break the bank in the process. Edward Oakley Thorp is an American mathematics professor, author, hedge fund manager, and blackjack researcher. Evil of Blackjack is Back!) Robert Loeb. Edward Thorp. 240) Written in 1966, this is THE original gambling book. Blackjack. Thorp. Thorp Once again. Processing History Processed by Sarah Glover, 2018. Thorp is an American mathematics professor, hedge fund manager, and blackjack player. Thorp's anecdotes and tales. Edward O. Blackjack might not be the most difficult casino game to learn and play for sure. Edward O. Legendary quantitative thinker and blackjack whiz Ed Thorp answers questions about his new book, a memoir of beating Las Vegas and Wall Street. He was a pioneer in modern applications of probability theory, including the harnessing of very. When adjusted for inflation, this amount is worth over $95,000 today. Utah State University DigitalCommons@USU All Graduate Plan B and other Reports Graduate Studies 5-2014 The Expected Value of an Advantage Blackjack playerEd Thorp is a brilliant guy who used math to beat the casinos at blackjack, roulette, and other games. Ed Thorp is a mathematician, former professor, hedge fund manager, book writer, and blackjack researcher. Thorp was the scientist/math geek behind finding the best and most winning strategy for blackjack. The House Take In The Options Market A Proposition Bet With Dice. he also tried his hand at blackjack, or 21, using a strategy he had come across that increased the odds of winning against the casino to almost even. Julian Braun was an IBM computer programmer whom, after. This collection comprises the papers of Edward O. After using computers to help refine his card counting strategies, he put his theories to the test. The mathematician, Edward Thorp, described how to figure out the sequence of the cards and how to bet accordingly. From Mathematician to Vegas’ Worst Nightmare. He later met with Massar. He even wrote a book called “Beat the dealer” in which he. P. Thorp’s specialty is Blackjack. What is Edward Thorp’s age? Edward Thorp is 90 years old as of 2023. Kassouf, influenced securities markets around the globe. So I was excited to read Thorp’s new book, A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Markets, about his life, gambling stories, and investment ideas. Edward Oakley “Ed” Thorp was born in Chicago, Illinois on August 14th, 1932. Get a hand value as close to twenty-one as you can without going over and you could hit it rich! Choose from Classic Blackjack, European Blackjack, Premium Blackjack and more! NEW! I play this online casino recently, I like that a huge variety of slots for every taste, even with my. Thorp. Thorp’s first hedge fund, Princeton Newport Partners, never had a down year. with Claude Shannon in 1960-61. Photo courtesy of Society for Science & the Public. Thorp’s second hedge fund, Edward O. o. Transcript. The seminal book that changed blackjack forever. The authors had developed their strategy for a complete randomly shuffled deck. He wrote the popular book, Beat the Dealer, in 1962. He is regarded as one of the best hedge fund managers in. In A Man for All Markets (Random House, 2017), he reflects on his life and the power of thinking differently—and deeply. Sau khi xuất bản cuốn sách đầu tay năm 1962 về cách đếm bài. Subscribe to newsletters Subscribe: $29. Thorp Thorp beat the casinos at Blackjack and Roulette, set up the first market neutral hedge fund, Princeton Newport Partners, and pioneered strategies like convertible arbitrage. His book Beat the Dealer will go down as in history as the quintessential book that changed the game the. 110—112_ A FAVORABLE STRATEGY FOR TWENTY-OSF. He even wrote a book called “Beat the dealer” in which he. An analysis of baccarat, backgammon, blackjack, gambling games, money management, roulette and the wheel of fortune. Bouchaud. Thorp. In 1962, Ed Thorp became every gambler's favorite mathematician when he published the first mathematically proven method for beating the dealer at blackjack. Thorp’s first hedge fund, Princeton Newport Partners, never had a down year. Thorp's Real Blackjack is a game in which Edward O. Thorp had gone to Shannon for advice on his academic paper on blackjack. As Nassim Nicholas Taleb points out in the foreward to A Man For All Markets, Edward Thorp has written a book that, at times, reads more like a James Bond thriller than the memoir of a mathematician who ventured outside his academic field to beat casinos, both in Las Vegas and on Wall Street. (1932, Chicago. Edward Oakley "Ed" Thorp (born 14 August 1932) is an American mathematics professor, author, hedge fund manager, and blackjack player best known as the "father of the wearable computer" after inventing the world's first wearable computer in 1961. doubling down. It started the blackjack craze in the 60s. His blackjack system was so successful that the casinos had to change their rules in the 1960s to make it harder for him to beat them. Petersburg Paradox. Thorp invented card counting, proving that you could do the seemingly impossible—beat the dealer at the blackjack table—and in doing so launched a gambling renaissance. Brought to you by Wealthfront automated investing Athletic Greens all-in-one nutritional supplement casino industry certainly viewed Thorp as an outlaw after his book “Beat the Dealer” appeared in 1962. Those changes would prove to be short-lived, but Thorp's. 1. Thorp is an American mathematics professor, hedge fund manager, and blackjack player. Theo phát ngôn của Thorp, Blackjack chỉ có thể đặt cược khoản nhỏ và điều này khiến ông. By Jerry Wagner. Thorp authored several books about. ”. Thorp. Blackjack – Beating The Klondikes Free Ride Blackjack Systems Does Basic Strategy Have The Same Expectation For Each Round End Positions In Backgammon. Thorp’s book allowed even the casual gambler to employ a methodThe Theory of Blackjack, 6th ed. Edward O Thorp is widely known as the author of the 1962 Beat the Dealer, which was the first book to prove mathematically that blackjack could be beaten by card counting, and the 1967 Beat the Market, which showed how warrant option markets could be priced and beaten. Tommy Hyland. Thorp revolutionized the casino industry by developing card counting systems for the casino game of blackjack. Collage of Edward O. Earlier Strategies After publishing this section, somebody accused me of stealing the idea from Edward Thorp. No one has been responsible for introducing more people to counting cards in blackjack than Thorp, who wrote the landmark book Beat The Dealer in 1962. Thorp Edward Oakley Thorp is widely regarded, by professional players as well as the general public, as the Father of Edward O. Thorpe’s first stop was at the now closed, Harold’s Club, where he won $500 within the first 15 minutes. The seminal book that changed blackjack forever. He changed that forever too. Embed. " The difference is that Thorp's. Ed Thorp was one of the original 7 members inducted into the Blackjack Hall of Fame in 2002. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. Born on 14 August, 1932, in Chicago, he is considered the creator of the blackjack technique called card-counting. 2nd ed. Beat the Dealer by Edward O. The father of card counting details his revolutionary point system that gives blackjack players the edge they need to win. He outlines the process in his 1960 book Beat the Dealer and his findings changed the way this game was played once he had demonstrated that there was a winning strategy. Vintage Books, Revised Edition, 1966. RACHEL MARTIN, HOST: The card game. Kassouf, influenced securities markets around the globe. Long Arm of the Law: A Nevada Court Victory for Counters G. Thorp, 2018. 240) Written in 1966, this is THE original gambling book. by Edward O. give the blackjack player an advantage, pro- vided that the cards are well shuf- fled and that the game is honest. How Ed Thorp became the man who beat the casinos: A studying of numbers and the probabilities led to one gambler beating the odds. Edward O. Biography Edward Oakley Thorp is an American mathematics professor, hedge fund manager, and blackjack player. Random House, 1962. Thorp successfully tested his strategies in Nevada casinos. criterion to Casino Blackjack in [31, to other gambling games in [4], and to modern portfolio theory In In the coin-tossing game just described, since the gambling probability and the payoff at each bet are the same, it seems intuitively clear that an "optimal" strategy will involve always wagering the same fraction f of your bankroll. S. Ed Thorp used math to become the first person to beat the casinos at blackjack. “Edward O Thorp is the author of Beat the Dealer, which was the first book to prove mathematically that blackjack could be beaten by card counting, and Beat the Market, which showed how warrant option markets could be priced and beaten. 6%. From Las Vegas to Monte Carlo, the tables have been turned and the house no longer has the advantage at blackjack. We will keep fighting for all libraries - stand with us!. Tommy Hyland. Thorp is the author of Beat. Thorp was the scientist/math geek behind finding the best and most winning strategy for blackjack. In a remarkable career, Edward O. View the Blackjack "Basic Strategy" Chart. Can casino be beaten? Ed Thorp. I have recently heard complaints that cards have been missing from the pack in some casino blackjack games. 3. Thorp is a mathematics professor, author, hedge fund manager, and blackjack player. To beat roulette, he and the father of information theory, Claude Shannon, invented the first wearable computer. Edward O. Toggle the table of contents. He is regarded as one of the best hedge fund managers in the world. See moreIn his 1960s book Beat the Dealer, Edward O. . Edward O. More than twenty years after the publication of Beat the Dealer, the best-selling book on winning at blackjack, Dr. What is the Santa Fe Institute? The Santa Fe Institute is a research center that focuses on complex systems and interdisciplinary research. hakanssonThese gambling skills transferred perfectly to markets. Thorp 2002 Author of the 1960s classic Beat the Dealer, which changed the way we think about blackjack. Audible Audiobook. But the blackjack strategy guide wasn’t created by Edward Thorp alone, although the foundation of “the book” was based largely on his work. Welcome to video 6 in our series of People Who Got Rich from Sports Betting. After reading the classic book Beat the Dealer, by Ed Thorp, Kaplan started card counting in Las Vegas and eventually ran a successful blackjack team there (1977). In a conversation with me, he elaborated on how remarkable his journey has been, and how supportive his wife Vivian was in all of his endeavors until her death in. Perhaps nobody is more deserving of this honor than Thorp given that he. The story went viral. The combined strategy. netcom. Edward Thorp’s Westinghouse Science Talent Search class meeting President Harry Truman. Edward O. 1. Thorp , 87, had counted on $8. To me, this “sampling without replacement”, or “dependence of trials. The story went viral. This month. Thorp proved it could. Ed Thorp is a mathematician, investor, and blackjack player who developed the card counting system known as the “Thorp count”, which is now used even in online pokies real money. Edward O. Ông cũng được biết đến như tác giả, người quản lý quỹ phòng hộ và nhà nghiên cứu blackjack (trò chơi bài được. 29. He is considered by many as the Father of Card Counting. But many methods may be used to cheat the player. Khắp mọi sòng bạc Edward Thorp lui tới, ông đều tìm thấy điểm bị chơi khăm, bị cấm chơi, hoặc người chia bài xáo bài sau mỗi lượt chơi. com, iGaming Business, GamblingOnline, and Jackpots Review magazines,. Not only did he devise a winning system for blackjack, he achieved an annual investment return of ~ 20 percent for nearly thirty years as a hedge fund manager. Today, Thorp owns a successful company in Newport Beach, California—Edward O. tion in blackjack is more complex than the coin toss game because t l) the payoff on a one-unit initial bet can vary widely, due to such things as dealer or player blackjacks. Articles from the UCI Libraries Special Collections and Archives, Edward O. And in blackjack, he developed the very first card counting system that’s still widely used today. Edward Thorp: Những mánh khóe của các sòng bạc để vét sạch túi tiền của người chơi. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. “basic” strategy for blackjack that allegedly cut the House edge to a mere 0. 8 External links. -P. Edward O. The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street. Edward gained most of his popularity from his book which is called “Beat the Dealer” and is the. Edward O. As appliedCheating at Blackjack by Edward O. There is a claim, somewhat commonly made in gambling circles, that Ed Thorp’s “Beat the Dealer” was actually a net positive for casinos. Edward Thorp was the first one who explained the concept of card counting to average players in 1962. M. Up until that point it was believed that it was impossible to legally beat. The final operating version was tested in Shannon’s basement home lab in June of 1961. "Counting the . Processing History Processed by Sarah Glover, 2018. Like most "ten-count" card counting systems, Thorp's Ten Count tracks the ratio of high cards to low cards in the deck by assigning each card a numeric value, which is then counted as each card is seen. Edward Oakley Thorp (born 14 August 1932) is an American mathematics professor, author, hedge fund manager, and blackjack player. Follow. By R. The cigarette pack. For the unfamiliar, Thorp was one very successful investor, blackjack player and mathematician. Thorp began to delve into the theory of probability, he realized he could beat the game of blackjack and he could prove it. ? He discovered that an economic actor with an edge could size his bets as a. The Horse Hedge Method. As a physicist and mathematician, he tackled the questions of roulette wheels and blackjack games in a scientific way and found that it was. New Interview with Ed Thorp "Beating Blackjack and Roulette, Beating the Stock Market, and More" Thread starter Zero; Start date Jun 14, 2022; Zero Well-Known Member. Thorp studied mathematics and physics at UCLA and has applied his mathematical and scientific know-how in novel ways during his career. Thorp is the author of the bestseller Beat the Dealer, which transformed the game of blackjack. The first three chapters of Beat The Dealer will give any aspiring blackjack expert an excellent conceptual foundation from which to start. Thorp is best known for writing the original card counting manual Beat the Dealer, which was first published in 1962, and for his research on probability theory applied to blackjack. 6%. It started by questioning the conventional wisdom that the game couldn’t be beaten. Thorp’s formulas to figure out blackjack odds and strategy. Thorp was the originator of the card counting system for blackjack. Edward Oakley Thorp ( Chicago, 14 de agosto de 1932) é um matemático, gerente de fundo de cobertura e jogador de blackjack estadunidense . As a partial thank you, Max told Thorp that he could invite his entire family to this year’s Blackjack Ball if he wanted, totally. Thorp, a founding professor of mathematics, hedge fund manager,. So while Thorp was a math professor by day… by night, he hit the blackjack tables. Blackjack luminary, Ed Thorp, attended the Ball for the very first time. Edward O. Edward Oakley Thorp is an American mathematics professor, hedge fund manager, and blackjack player. Coin tossing 4 3. Introduction 387 2. Edward O. Identifying a method that works for you is essential. Thorp brought the phenomenon of card counting to light when his book was released in 1962, selling over 700,000 copies and making it onto the New. The father of card counting details his revolutionary point system that gives blackjack players the edge they need to win. Thorp is a professional blackjack player, mathematics professor and author of Beat the Dealer: A Winning Strategy for the Game of Twenty-One, which was originally published in 1962.