I seem to run up on the 50-50-90 rule more than anything else! But, it keeps me out of the casinos! THE OTHER MURPHY’S OTHER LAWS ************************************ Light travels faster than sound. This is why some people appear bright until you hear them speak. * He who laughs last,...

some games of chance rely on tossing two dice. Each die has six faces, marked with 1, 2, . . . , 6 spots called pips. The dice used in casinos are carefully balanced so that each face is equally likely to come up. When two dice are tossed, each of the 36 possible pairs of faces is equally likely to come...

Some games of chance rely on tossing two dice. Each die has six faces, marked with 1, 2, . . . , 6 spots called pips. The dice used in casinos are carefully balanced so that each face is equally likely to come up. When two dice are tossed, each of the 36 possible pairs of faces is equally likely to come...

Hey all, I am trying to create a project which involves extensive amounts of statistics. The project is in relation to blackjack at a casino and the odds of winning. Here is the situation: I want to create a new blackjack betting pattern that will allow the player to almost be monetarily successful 100%...

most twin decks of cards come in two different colors. I was just wondering whether having two different colored decks will make card counting or predicting probability easier? They never use different colored cards in casinos, is using one color better? or is there no difference and i’m just making...

I’m sure many of you are familiar with the popular carnival and casino game, Chuck-A-Luck. You choose a number, roll 3 dice, and if one die is lucky, you get $1, if two die are lucky, you get $2, etc… If none are lucky, you give the dealer $1. Let’s say the dealer deals 1,800,000 (yes,...

The Good Luck Foundation is planning a game for a Casino night and needs to decide which of the following scenarios would be the most profitable based on expected value of the proposed game. Case A, players pay $0.75 to roll a fair die with the understanding that you will get back $3.00 for rolling 4...

I’m sure many of you are familiar with the popular carnival and casino game, Chuck-A-Luck. You choose a number, roll 3 dice, and if one die is lucky, you get $1, if two die are lucky, you get $2, etc… If none are lucky, you give the dealer $1. Let’s say the dealer deals 1,800,000 (yes,...

Problem 3) Gambling makes people hungry for meat. The restaurant upstairs from the casino advertises 1.0 pound slads of prime rib for only $9.99. But the wiehgt of those prime ribs, described by the random variable “P”, follow the probability density function f(p) = p for 1/2

We see Ms. Smith coming to arrest us all. Thinking quickly, as honors students are apt to do, we tell the pit boss that she’s that famous card counter we saw on that “How to Beat Vegas” video. He calls security, they take her away, and we are free to continue enjoying applying probability....