Probability of Gambling at Casino

Probability of Gambling at Casino

When talking about hazard games such as gambling, the topic almost always comes up with this with probability. And most often, those who do not play talk about this probability. Naturally, one might say, because if you are of the logical and mathematical type concerned with such things as probability calculations, then you are hardly tempted to play the casino. Unless you have found an opportunity to use the probability calculation to your advantage. But what is this probability, really? Well, probability calculation or, quite simply, the theory of probability, is the very basis of the part of mathematics used in games. We are likely to understand the chance or possibility of a particular event occurring. It is considered to be an estimate that estimates the average frequency of a given event occurring in a series of independent experiments, if these are repeated in similar circumstances. Sounds complicated? An example will make it much clearer and put it in an understandable perspective: A dice has six sides, and ergor is the probability that you get the number 2 when you roll the dice is 1 of 6, no matter how many times you roll the dice. - All the numbers on the dice also have the same probability of hitting.

The relative frequency for an event to occur lies somewhere between the probability that it never occursand that it always occurs , which in reality means that the probability always lies somewhere between 0% and 100%. Knowing how to use the knowledge of the likelihood of something happening will allow you to predict that an event might occur. Unfortunately, it does not give us the most important thing, namely the opportunity to predict the exact moment the event will occur.

You can also use probability in-game calculations to estimate the conditions for achieving certain results, or you can use them to estimate the chances of winning a game over time. Probability is also a tool that can be used to estimate how much or little advantage a game will give you in comparison to another and ergo which you should bet on. This is something that is most often stated as odds. Preferably as a decimal or a fraction number.

But within games there are several variables that casino players should have in mind and one of these is the outcome room. And despite the strange name, the outcome room is no different description of all possible outcomes. If we go back to the example of the cube then the outcome space is one, two, three, four, five and six because there are all possible outcomes of a cube throw. At a casino game and especially at a slot machine, the outcome room is temporarily quite large.

So, what we as a player should be aware of is that in order to calculate the probability of a particular event, we should first know the number of possible outcomes. Then we should know the number of individual items related to each event. Our problem with games such as slot machines is that we do not know these variables. In some cases we get some variables provided by the game developer, but these only give us parts of the picture and not enough parts to be able to calculate the whole picture.

If probability calculation is a topic that concerns you, then casino slot machines are probably not the game you prefer. Then you should try card games like blackjack and other table games.

The probability of Roulette

Roulette is basically a simple game and it is a good example of probability calculation. For example, an American roulette has 38 possible outcomes. These are the numbers from 1 to 36, plus 0 and the double 0 (00) that is specific to American roulette. Half of the numbers are red and the other half are black. This is enough information to help you calculate the probability of a particular outcome. If you are now in a physical casino where physics is also an influencing element then you can compare the probability with the outcomes you observe and find out if a side of the roulette has an advantage and in case it has that much. You always want to strive for a roulette to be as balanced as possible, but there are always things that allow it to tilt a little to one side or the other.

Probability of Blackjack

Those who count cards and such to try to win over the house prefer to play blackjack. This is because when you play dice or roulette, every event has exactly the same probability of occurring each time the dice is thrown or every time the wheel is spun. That's not the case in blackjack. In blackjack, the result in one game will affect the outcome of the next game because a card can only appear once in each deck. In other words, it has memory.

A blackjack pays 3 to 2. There is a hand consisting of two cards that together give 21. There are only two card values that can give this hand and it is the ace (which is counted as both 1 and 11) along with 10, jack, lady or king who also counts as 10. Ergo if all aces in the deck are used up then it becomes impossible to get blackjack. Similarly, for every photo card shared, the opportunity to get a blackjack is also lost. Plus, for every time a card with a lower card value is dealt, such as cards two, three, four, five or six, it slightly increases the player's advantage. So if you were a card counter then you would count a low card as +1 and a photo card as -1. The more cards you get on the positive scale the greater your advantage and you might want to increase your stake in the game.

However, it is true that most of us have no probability or mathematics to do with the game. We play because we enjoy ourselves, simply. It is good entertainment and it appeals to different parts of our nature. It appeals to our competitive instinct which is part of our survival instinct, it appeals to the hunter within us and it appeals to the collector. But if you think the math part of the game is entertaining too then by all means. There is an endless amount of material you can immerse yourself in. John von Neumann is one of the great mathematicians of game theory, so it might be a good place to start.

If you want to try either slot machines, live roulette or counting cards in live blackjack then Big Player Casino is an excellent place to develop their skills.