## Main

## Gambling mathematics

## Gambling mathematics

- This piglix contains articles or sub-piglix about Gambling mathematics

## Betting systems

## Card shuffling

## Coin flipping

## Contract bridge probabilities

## Dice

## Poker probability

## Coin flipping

## Coupon collector's problem

## Fair coin

## Feller's coin-tossing constants

## Gambler's fallacy

## Gambling and information theory

## Gambling mathematics

## Kelly criterion

## Lottery mathematics

## Mathematics of bookmaking

## Miwin's dice

## Probability of kill

## Proebsting's paradox

## Sucker bet

This piglix contains articles or sub-piglix about Betting systems

WikipediaThis piglix contains articles or sub-piglix about Card shuffling

WikipediaThis piglix contains articles or sub-piglix about Coin flipping

WikipediaThis piglix contains articles or sub-piglix about Contract bridge probabilities

WikipediaThis piglix contains articles or sub-piglix about Dice

WikipediaThis piglix contains articles or sub-piglix about Poker probability

WikipediaCoin flipping, coin tossing, or heads or tails is the practice of throwing a coin in the air to choose between two alternatives, sometimes to resolve a dispute between two parties. It is a form of sortition which inherently has only two possible and equally likely outcomes. The historical origin of coin flipping i ... Read »

WikipediaIn probability theory and statistics, a sequence of independent Bernoulli trials with probability 1/2 of success on each trial is metaphorically called a fair coin. One for which the probability is not 1/2 is called a biased or unfair coin. In theoretical studies, the assumption that a coin is fair is often made by ref ... Read »

WikipediaStatistical inference might be thought of as gambling theory applied to the world around us. The myriad applications for logarithmic information measures tell us precisely how to take the best guess in the face of partial information. In that sense, information theory might be considered a formal expression of the theo ... Read »

WikipediaThe mathematics of gambling are a collection of probability applications encountered in games of chance and can be included in game theory. From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, the probability of which can be calculated by using the properti ... Read »

WikipediaIn probability theory and intertemporal portfolio choice, the Kelly criterion, Kelly strategy, Kelly formula, or Kelly bet, is a formula used to determine the optimal size of a series of bets. In most gambling scenarios, and some investing scenarios under some simplifying assumptions, the Kelly strategy will do better ... Read »

WikipediaLottery mathematics is used to calculate probabilities in a lottery game. In a typical 6/49 game, each player chooses six non-duplicate numbers from a range of 1-49. If the six numbers on a ticket match the numbers drawn by the lottery, the ticket holder is a jackpot winnerâregardless of the order of the numb ... Read »

WikipediaIn gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The term originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English language the term bookmaker for the person laying the bets and thus 'making the ... Read »

WikipediaComputer games, simulations, models, and operations research programs often require a mechanism to determine statistically whether the engagement between a weapon and a target resulted in a kill, or the probability of kill. Statistical decisions are required when all of the variables that must be considered are not inc ... Read »

WikipediaA sucker bet is a gambling wager in which the expected return is significantly lower than the wager(s). Variants include: For example, the chances of correctly guessing the order of the final 3 cards of Faro is usually 1 in 6, yet the bet only pays 4:1 or 5:1. Taking insurance in Blackjack is also often considered a ... Read »

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## What Else?

## Gambling mathematics