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Re:What's luck got to do with it? The math of gambling by req2 on Monday September 21, 2009 @10:44AM (#834668)
I've asked this question before, and though I haven't gotten to the point where I could direct you to the best place to start, it would probably be in one of these books:

E.T. Jaynes, "Probability Theory: The Logic of Science"

Judea Pearl, "Probabilistic Reasoning in Intelligent Systems"

Bayesian Data Analysis, 2nd ed by Gelman et. al

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