Gambling is related to the concept of Probability. So let's link the casino debate to the chapter on Probability!
In a casino, there are different types of betting - Roulette, Big/Small, Blackjack, Jackpot, Baccarat and many other games. Do some research and discuss: "Can you win the Casino?"
Actually, you can win. In some casinos, some people are banned from entering. Those people are mostly mathematicians that can really calculate fast in their head the probability of winning.
ReplyDeleteTaken from a website
"Professor Thorp has devised a gambling system that really works, as proved by the winnings of the author himself and by the thousands who have used his system. The essentials, consolidated in simple charts, can be understood and memorized by the average player. Professor Thorp first published this strategy in 1962. The system proved so successful that the Las Vegas casinos were forced to change their rules."
Amanda Ng (4/2)