The mathematics of gambling has been of interest to mankind as long as the emergence of the corresponding science and, in fact, the entertainment itself with money (or other valuable things). Today vs offer to discuss this interesting topic, talk about the theory of probability in gambling and make appropriate conclusions about the possibility of calculating a large winnings.
The mathematics of gambling really helps the owners of casinos and gambling sites to make huge profits every year. The most interesting thing is that this is well aware not only the owners of clubs, but also professional players. Judge for yourself, if there were no casino advantage to visitors, there would be no point in opening such establishments. In fact, the exact calculations based on the theory of probability and elementary mathematical laws, allows all owners of profitable business to provide services in gambling, to cash in on the gambling population.
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Games, where you can use mathematics
Today, almost all entertainments try to use the mathematics of gambling. Among them:
- Poker, Blackjack and other card machines (as far as online casinos are concerned);
- roulette;
- lotteries;
- slot machines.
If we assume that you spend your time in an ideal casino where the games are absolutely fair, then on the player side it makes sense to use mathematics only in card games for counting cards. By calculating what cards have already been used, you can calculate the odds of winning. However, you simply won’t have time to do that if you’re playing with live opponents at a real gaming table. Nevertheless, the chances of winning at Blackjack, Baccarat or poker are much higher than at roulette. This is successfully proved by the theory of probability in gambling.
For example, professionals know that the Casino’s advantage over its players when playing European Roulette is 2.7% (1 – 6/37), but when playing American Roulette it is 5.26% (1 – 36/38). If all these figures translated into plain language, it turns out the following. If you play $1,000 of European Roulette you’ll end up losing $27, if you play American Roulette you’ll end up losing about $53. Do you need this? It’s a bit more complicated with cards, as poker is quite realistic to win if you’re a professional (we’re talking about real poker rooms, not dubious sites on the Internet). If you want to find a reliable casino to play, you should first visit to study the rating of the best mobile casinos.
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