Thursday, October 12, 2006


Cashing in on Mathematics :

Roulette , the most popular game of casinos around the world is nothing but just a game of probability.
Well what to do in the long weekend ? “Lets go to a casino and make some money ……” But do you know that the game of Roulette is designed in a way that guarantees the casino to win even if they do not win repeatedly…..well that’s how the game has been constructed….
lemme give you a simple example ……
Remember the roulette wheel….. It is divided into 38 numbered slots.
Green -2
Red -18
Black-18
Point 1 :
Whenever the ball lands in 1 of those green slots, the house wins everything that was bet on that round.
Point 2 : Suppose you bet that the ball will land in red slot (or black slot). This is the safest possible bet in roulette, since the chances of you winning the game will be 18 out of 38 . But donot forget that at the same time the chances of you losing it will be 20 out of 38 ……
So for a shorter period of time …you might beat the odds and make some money ..but in the long run its always the casino that wins ….The Theory of Probability guarantees it …….So friends , always remember that a good soldier should know when to retreat ….this applies to all aspects of life …So next time, when betting on a Roulette table try not to forget this ………………

1 Comments:

At 11:05 AM, Blogger Shweta said...

hey shilpa-interesting stuff...no wonder I lost much money to this game!

 

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