SettingsGames (probability)
Coin flipping
Coin flipping, coin tossing, cross and pile, or heads or tails is the practice of throwing a coin in the air to choose between two alternatives, sometimes to resolve a dispute...
Coin flipping, coin tossing, cross and pile, or heads or tails is the practice of throwing a coin in the air to choose between two alternatives, sometimes to resolve a dispute...
Coupon collector's problem
In probability theory, the coupon collector's problem describes the "collect all coupons and win" contests.
In probability theory, the coupon collector's problem describes the "collect all coupons and win" contests.
Fair coin
In 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.
In 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.
Feller's coin-tossing constants
Feller's coin-tossing constants are a set of numerical constants which describe asymptotic probabilities that in n independent tosses of a fair coin, no run of k consecutive heads (or, e...
Feller's coin-tossing constants are a set of numerical constants which describe asymptotic probabilities that in n independent tosses of a fair coin, no run of k consecutive heads (or, e...
Gambler's fallacy
The Gambler's fallacy, also known as the Monte Carlo fallacy (because its most famous example happened in a Monte Carlo Casino in 1913), and also referred to as the fallacy of the matur...
The Gambler's fallacy, also known as the Monte Carlo fallacy (because its most famous example happened in a Monte Carlo Casino in 1913), and also referred to as the fallacy of the matur...
Gambling and information theory
It is no surprise, therefore, that information theory has applications to games of chance.
It is no surprise, therefore, that information theory has applications to games of chance.
Gambling mathematics
Gaming mathematics, also referred to as the mathematics of gambling, is a collection of probability applications encountered in games of chance and can be included in applied mathematics.
Gaming mathematics, also referred to as the mathematics of gambling, is a collection of probability applications encountered in games of chance and can be included in applied mathematics.
Gaming mathematics
Gaming mathematics, also referred to as the mathematics of gambling, is a collection of probability applications encountered in games of chance and can be included in applied mathematics.
Gaming mathematics, also referred to as the mathematics of gambling, is a collection of probability applications encountered in games of chance and can be included in applied mathematics.
Kelly criterion
In probability theory, the Kelly criterion, or Kelly strategy or Kelly formula, or Kelly bet, is a formula used to determine the optimal size of a series of bets.
In probability theory, the Kelly criterion, or Kelly strategy or Kelly formula, or Kelly bet, is a formula used to determine the optimal size of a series of bets.
Lottery mathematics
Lottery mathematics is used here to mean the calculation of the probabilities in a lottery game.
Lottery mathematics is used here to mean the calculation of the probabilities in a lottery game.
Mathematics of bookmaking
In betting parlance, making a book is the practice of laying bets on the various possible outcomes of a single event.
In betting parlance, making a book is the practice of laying bets on the various possible outcomes of a single event.
Miwins dice
Miwin's Dice were invented in 1975 by the physicist Michael Winkelmann.
Miwin's Dice were invented in 1975 by the physicist Michael Winkelmann.
Probability of kill
Computer 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 t...
Computer 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 t...
Proebsting's paradox
In probability theory, Proebsting's paradox is an argument that appears to show that the Kelly criterion can lead to ruin.
In probability theory, Proebsting's paradox is an argument that appears to show that the Kelly criterion can lead to ruin.