In this episode of Risk Management Show, we delve into the art of risk management with Dr. Michael Orkin, an esteemed statistician and author of "The Story of Chance: What's Luck Got to Do With It." Dr. Orkin, a Professor Emeritus at California State University East Bay, shares his insights on mastering risk in both personal and professional domains. We discussed the critical role of probability in decision-making, the intersection of skill and chance in gaming, and effective money management strategies. Dr. Orkin's expertise in the gaming industry and his recent work with game developers provide a unique perspective on the complex dynamics of risk. You can find his book "The Story of Chance: What's Luck Got to Do With It." via the links below  Amazon: https://www.amazon.com/s?k=books+michael+orkin&crid=3GZD6JKRWUV30&sprefix=michael+orkin%2Caps%2C170&ref=nb_sb_ss_ts-doa-p_2_13 Barnes and Noble: https://www.barnesandnoble.com/s/Michael%20Orkin Publisher: https://he.kendallhunt.com/product/story-chance-whats-luck-got-do-it-0 If you want to be our guest or suggest an expert, send your email to [email protected] with "Podcast Guest Inquiry" in the subject line. Join us as we explore the profound impacts of chance on risk management and equip you with the knowledge to navigate uncertainties.