I’ll now bring another illustrative example, which even transitions a little to my main activity.First of all: I would like to reassure you that as a child I too heard, learned and internalised the sentence: “If you want to bet, you also want to cheat”.And as a long time obedient child (you don’t have to…
If the two were to make a match, say over 10 games, then the better of the two would have to score, say, 60% of the points, i.e. 6 out of 10. Should the result be otherwise, one would conclude that either one has improved or the other has deteriorated, or both, and would try…
A system bet is basically a bet k out of n, where k thus indicates the number of games per combination bet and n the number of games. K out of n indicates the number of k permutations of an n-element set and is thus written as n over k. The number is calculated according…
The funny and also interesting thing is that the whole business is actually best described with American terms or even English words. There are two reasons for this. Cause one: The Americans are simply innovative. They recognise a phenomenon, some interesting appearance, and immediately find a concise, apt, conclusive word for it. And that is…
To understand what I mean by a game and its developments, one would have to classify games a little. A game is basically a game in which you want to determine a winner somehow, in a playful way. The attraction of playing a game lies, among other things, in the fact that, if possible, the…
In order to support the general belief that gambling is not a good idea, I have taken the trouble to run a few simulations to show you the development of traditional gambler’s careers. I have written a small programme that simulates the careers of three roulette players. These three roulette players play according to a…
This dice game is an excellent way to learn the mathematical approach to such problems, spiced up with the few small calculations required. Calculations, of course, after you understand the approach. SevenEleven is also offered in casinos. I have only played it there once. So I don’t even know the exact rules. That’s why I…
1) Bankruptcies Many players I have met over the years, including a number of good players, i.e. players with an advantage, I have seen go bankrupt. This often has a specific reason: there is a phase in their career where they are lucky. They wouldn’t need the luck, because even without luck they would have…
1) The LaPlace Experiment The LaPlace experiment is a theoretical random experiment. Mathematics often uses idealised states to cope with the chaos around us. The real occurrence of such random experiments is in fact impossible. Nevertheless, mathematics can be worked out wonderfully using idealised examples. In the so-called LaPlace experiment, it is assumed that there…
Is there anything better than the Elo system? 1) Introduction Although, as explained in more detail elsewhere, the Elo system is the best system used in practice to measure playing strength — so well suited to producing meaningful rankings — there are nevertheless a few weaknesses in this system. Some of these are well known,…
