Betting systems: how not to lose your money gambling PDF
Preview Betting systems: how not to lose your money gambling
SimpleGambling BettingSystems Conclusions Betting systems: how not to lose your money gambling G. Berkolaiko DepartmentofMathematics TexasA&MUniversity 28 April 2007 / Mini Fair, Math Awareness Month 2007 G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling SimpleGambling BasicSetupandExamples BettingSystems TheConceptsofFairGameandAverage Conclusions Gambler’sRuin Gambling and Games of Chance Simple games: flipping a coin (head / tail) rolling a die (6 sided) roulette (18 black, 18 red and 2 green) Player vs casino Player predicts outcome and agrees on the wager If prediction is correct, the player gets money, otherwise he pays. Examples: if head, player wins 1$; Coin: if tail, player loses 1$. if 5 or above, win 5$; Die: if 4 or below, lose 3$. G.Berkolaiko Bettingsystems:hownottoloseyourmoneygambling
The list of books you might like
