gambling probabilities
(and Odds)
an easy to understand introduction to the basic probability reasoning in games of chance
"Never give a sucker an even break." - anon.
"'Say, is this a game of chance?'
'Not the way I play it.'" - W.C. Fields
Table of Contents
Introduction
Certainty
Uncertainty
Probability
Types of Probability
Fixed or Unchanging Probabilities
Semi-Probability / Semi-Uncertainty
Universe
Randomness (at Random)
The Very Small or Shrinking Universe
Probabilities vs. Odds
Fair Game
Odds as a Condition of Wagering
Coins
Lotteries and Raffles
Dice
Games, Odds, and Realism
Cards --- a general discussion
Poker: Probabilities and Odds on the Deal
Blackjack - a brief discussion
July 05