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Forum: Probability & Probabilistic Number Theory 2017-05-20, 13:54
Replies: 36
Views: 26,563
Posted By a1call
I need to add the following: * In double or...

I need to add the following:
* In double or nothing style gambling, where you play the minimum bid in the beginning and after each win and double your bid after each loss( assuming there is no...
Forum: Probability & Probabilistic Number Theory 2017-05-20, 04:12
Replies: 36
Views: 26,563
Posted By a1call
Here are some facts which unfortunately are...

Here are some facts which unfortunately are likely to cause some to ignore the first fact.

* In the long (enough) run the-house will be the winner.

* If the casinos did not have upper table...
Forum: Probability & Probabilistic Number Theory 2017-05-01, 04:17
Replies: 36
Views: 26,563
Posted By a1call
At the risk of stating the obvious, the...

At the risk of stating the obvious, the probability of picking any given 3 digits is
(1/10)^3, so from a theoretical point of view, given the large enough sample(of draws), you will get any given 3...
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