From a rational standpoint, it might be expected that man should be far more willing to express financial confidence in his skills rather than risking his earnings on the mindless meanderings of chance. Experience, however, has strongly indicated the reverse proposition to hold true.

There are no conventional games involving conditions of uncertainty without risk.

Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.

The earliest full-length account of a chariot race appears in Book xxiii of the Iliad.

A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.

Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.

A weakness of the random-walk model lies in its assumption of instantaneous adjustment, whereas the information impelling a stock market toward its "intrinsic value" gradually becomes disseminated throughout the market place.