Knowledge (XXG)

Steven L. Heston

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is an American mathematician, economist, and financier. He's also prominently active in the field of gambling-related research, where he sometimes uses the
125:'s Graduate School of Industrial Administration. From the same university, Carnegie Mellon, in 1987, he received his M.S. in Finance and in 1990 his Ph.D. 134: 403: 536: 336: 576: 500: 481: 320: 556: 142: 296: 551: 531: 454: 363:(1993). "A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options". 546: 122: 44: 415: 236: 228: 138: 121:, wherefrom he obtained his B.S. In 1985, he completed his M.B.A. studies in Industrial Administration at the 400: 170:
From 1998 to 2002, Heston worked as Vice President of U.S. Arbitrage and also of Quantitative Equities, in
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Heston is the author of numerous articles and texts on the game of blackjack, often participating in
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Kill Everyone: Advanced Strategies for No-Limit Hold 'Em Poker, Tournaments, and Sit-n-Gos
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He is currently, and since 2002, Professor of Finance at the University of Maryland, at
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from the Blackjack Forum magazine, Vol. XXV #1, Winter 2005/06, reprinted in
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Kill Phil: The Fast Track to Success in No-Limit Hold 'Em Poker Tournaments
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and professional poker tournament player Tysen Streib, of the subsequent
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from 1989 until 1993, a Visiting Assistant Professor of Finance at the
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Testing Continuous Time Models of the Term Structure of Interest Rates
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and bankroll management to more advanced advantage-techniques.
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until 1994, and Assistant Professor of Finance at the
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Steve Heston studied Mathematics and Economics at the
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Economics; Mathematics; Finance; Investment strategies
247:combining the title of the Quentin Tarantino movie 219:Heston is co-author of two highly praised books on 77: 69: 51: 40: 30: 23: 205:on issues related to the mathematics of gambling. 572:Washington University in St. Louis mathematicians 401:"On the math behind the OPP card-counting system" 327:at the WilmottWiki Quantitative Finance database 16:American mathematician, economist, and financier 8: 160:Heston is known for analyzing options with 542:University of Maryland, College Park alumni 567:Washington University in St. Louis faculty 177:Heston is the originator of the eponymous 135:Yale School of Organization and Management 20: 350:, Center for Financial Engineering, 2009 189:Steve Heston, under his own name or the 273: 396: 394: 7: 283: 281: 279: 277: 299:from the original on March 25, 2024 143:Washington University in St. Louis 14: 537:Tepper School of Business alumni 365:The Review of Financial Studies 455:"Poker Book Review: Kill Phil" 1: 577:American financial economists 323:September 29, 2011, at the 593: 123:Carnegie Mellon University 45:Carnegie Mellon University 557:American gambling writers 185:Gambling-related research 93: 62: 342:October 7, 2011, at the 139:Columbia Business School 100:Steven "Steve" L. Heston 406:August 6, 2011, at the 552:American poker players 516:University of Maryland 460:July 16, 2011, at the 433:"Review of Kill Phil" 418:July 17, 2011, at the 119:University of Maryland 58:; investment modelling 438:July 5, 2011, at the 203:online message boards 56:Quantitative research 532:American financiers 377:10.1093/rfs/6.2.327 348:Columbia University 243:. The titles are a 547:American essayists 133:Heston was at the 501:978-1-935396-30-7 482:978-1-935396-31-4 361:Heston, Steven L. 156:Career in finance 97: 96: 64:Scientific career 584: 518:official website 503: 490: 484: 471: 465: 452: 446: 430: 424: 398: 389: 388: 357: 351: 334: 328: 318:Steven L. Heston 315: 309: 308: 306: 304: 285: 253:and the name of 221:tournament poker 89: 25:Steven L. Heston 21: 592: 591: 587: 586: 585: 583: 582: 581: 522: 521: 512: 507: 506: 491: 487: 472: 468: 462:Wayback Machine 453: 449: 440:Wayback Machine 431: 427: 420:Wayback Machine 413:Blackjack Forum 408:Wayback Machine 399: 392: 359: 358: 354: 344:Wayback Machine 335: 331: 325:Wayback Machine 316: 312: 302: 300: 287: 286: 275: 270: 187: 158: 131: 129:Academic career 115: 87: 41:Alma mater 26: 17: 12: 11: 5: 590: 588: 580: 579: 574: 569: 564: 559: 554: 549: 544: 539: 534: 524: 523: 520: 519: 511: 510:External links 508: 505: 504: 485: 466: 447: 425: 390: 371:(2): 327–343. 352: 329: 310: 293:Maryland Smith 289:"Steve Heston" 272: 271: 269: 266: 186: 183: 157: 154: 130: 127: 114: 111: 95: 94: 91: 90: 81: 75: 74: 71: 67: 66: 60: 59: 53: 52:Known for 49: 48: 42: 38: 37: 32: 28: 27: 24: 15: 13: 10: 9: 6: 4: 3: 2: 589: 578: 575: 573: 570: 568: 565: 563: 562:Living people 560: 558: 555: 553: 550: 548: 545: 543: 540: 538: 535: 533: 530: 529: 527: 517: 514: 513: 509: 502: 498: 494: 489: 486: 483: 479: 475: 470: 467: 463: 459: 456: 451: 448: 445: 444:Poker Library 441: 437: 434: 429: 426: 422: 421: 417: 414: 409: 405: 402: 397: 395: 391: 386: 382: 378: 374: 370: 366: 362: 356: 353: 349: 345: 341: 338: 333: 330: 326: 322: 319: 314: 311: 298: 294: 290: 284: 282: 280: 278: 274: 267: 265: 263: 260: 256: 255:Phil Hellmuth 252: 251: 246: 242: 241:Kill Everyone 238: 234: 230: 226: 223:: Along with 222: 217: 215: 214:card counting 211: 206: 204: 200: 196: 192: 184: 182: 180: 175: 173: 172:Goldman Sachs 168: 166: 163: 155: 153: 151: 146: 144: 140: 136: 128: 126: 124: 120: 112: 110: 108: 105: 101: 92: 85: 82: 80: 76: 72: 68: 65: 61: 57: 54: 50: 46: 43: 39: 36: 33: 29: 22: 19: 492: 488: 473: 469: 450: 443: 428: 411: 368: 364: 360: 355: 332: 313: 301:. Retrieved 292: 248: 240: 235:, and, with 232: 225:Blair Rodman 218: 207: 188: 179:Heston model 176: 174:, New York. 169: 159: 150:College Park 147: 145:until 1998. 132: 116: 106: 99: 98: 83: 63: 18: 197:and casino 31:Citizenship 526:Categories 268:References 237:Lee Nelson 229:Lee Nelson 165:volatility 162:stochastic 303:March 25, 262:bracelets 250:Kill Bill 245:word play 233:Kill Phil 199:blackjack 113:Education 458:Archived 436:Archived 416:Archived 404:Archived 340:Archived 321:Archived 297:Archived 191:pen name 104:pen name 35:American 385:2962057 107:Kim Lee 47:, Ph.D. 499:  480:  423:online 383:  88:(1990) 86:  79:Thesis 70:Fields 381:JSTOR 231:, of 210:teams 195:poker 497:ISBN 478:ISBN 305:2024 259:WSOP 227:and 373:doi 528:: 442:, 393:^ 379:. 367:. 346:, 295:. 291:. 276:^ 264:. 167:. 152:. 109:. 387:. 375:: 369:6 307:.

Index

American
Carnegie Mellon University
Quantitative research
Thesis
pen name
University of Maryland
Carnegie Mellon University
Yale School of Organization and Management
Columbia Business School
Washington University in St. Louis
College Park
stochastic
volatility
Goldman Sachs
Heston model
pen name
poker
blackjack
online message boards
teams
card counting
tournament poker
Blair Rodman
Lee Nelson
Lee Nelson
word play
Kill Bill
Phil Hellmuth
WSOP
bracelets

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