Betting progressions don’t change the math of the game Early on a slow casino morning, I pretty much had my choice of where and what to play. From the time I passed the gift shop on my way in from the parking garage until I approached the table games pit, I’d seen only about a dozen people,...

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The movie 21 got me interested, I hadnt seen it yet, but im curious how real casinos act upon dealing with gamblers who know how to get better odds with any game (doesnt have to be blackjack). As if the gamblers are just using strategy, not cheating. I wanna know details like, how much money till they’ll...

Assume you rode in airplanes every day. How many years would it take you before you had a statistical probability of crashing aboard one? You’d be playing Russian roulette but there would be a lot of chambers and only one bullet. Basically I want to know how many chambers. I just want an answer...

This is the Math Video that we made for our math class. Enjoy!

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...

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....

You are given $250 in promotional roulette chips. You may play roulette as long as you like but may only keep his winnings above the initial $250. You also may only play the even money bets like red and black. You also may only bet $10 at a time. With two zeros on the wheel the probability of winning...

a) A roulette wheel consists of 40 numbers: 1 to 38, 0 and 00. The odd numbers are coloured black, the even numbers are coloured red, and the numbers 0 to 00 are coloured green. The theoretical probability that the ball will come to rest on a red coloured number is _________, the theoretical probability...