Posts Tagged ‘Problem’

Question by Sarr: Interesting math problem – gambling statistics?
You walk into a casino with 00 in your pocket. Your game strategy is to maximize the probability of a win. A win is defined
as an event in which you leave the casino with more money than you came in with. Your tactics is to always bet on ”black” in roulette, which has 1/2 probability of success. Once the wheel is spun, and the ball falls on ”black”, you get back twice the money you bet; otherwise you get back zero. Your tactics is ”bet doubling”: you double your previous bet after each loss. The minimum allowed bet is , maximum ,000. You have made up your mind to leave immediately in case of a win (according to the definition above). You also must leave if it becomes clear you
can not win.
Question 1: What is the probability of loss (”loss” = ”not win”) in the above strategy?
Question 2: If such loss occurs, how much money will still be left in your pocket as you leave?

Okay, the pattern follows 2^(n-1), where n = bet number

n – bet amount (assuming all losses)
1 1
2 2
3 4
4 8
5 16
6 32
7 64
8 128
9 256
10 512

When you sum up your bets, you can only get to the 9th one, totaling 511 dollar loss, so you have 489 left and can’t make your next bet.

So what is the probability of a loss?

Thanks for your help.

Best answer:

Answer by Simon L
The probability of loss is (1/2)^9, or 1/256.
If this occurs, you will be left with 9.

This strategy of bet doubling is known as the Martingale and has been widely proven unsuccessful due to betting limits.

Technically, in the context of roulette your statement that the probability of getting black is 1/2 is not true. The 00 makes a big difference, and swings the game in favour of the house. This 00 is why there is no such thing as a Roulette “system”, a strategy that will guarantee gains.

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Question by ___: another hard math problem?
You are given 0 in promotional roulette chips. You may play roulette as long as you like but may only keep his winnings above the initial 0. You also may only play the even money bets like red and black. You also may only bet at a time. With two zeros on the wheel the probability of winning any given bet is 20/38. What should your strategy be to maximize your expected winnings and what is the most you can expect to win?

Best answer:

Answer by Jessica Stone
Your strategy should be to play until you reach 0 or bust.

Give your answer to this question below!

Question by buddyman: chat roulette problem?
OK, this is terrible, and demeaning, but I’m having trouble seeing some breasts on chatroulette. can someone offer me a couple strategies to help me out?
OK, this is terrible, and demeaning, but I’m having trouble seeing some breasts on chatroulette. can someone offer me a couple strategies to help me out?

Basically, are there any lines or techniques that work reguarly?

Best answer:

Answer by Justin
Same in real life: learn the guitar, have an amazing personality, or come across drunk girls.

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Question by Jared D: Could anyone help with a math problem that incorporates gambling into probability and deals with roulette?
One evening, after Mr. B falls asleep, the bad children convince us to sneak back down to the roulette table and tryout a surefire winning strategy. We got this book in line at the grocery store… you know, right next to the one that says “How to Tell What Your Cat Is Thinking” and it told us how to beat roulette. It seems so ironic that the casinos have stayed in business all these years and not seen it themselves. We sit down and bet on red every time. Just then there is a shift change and all the dealers rotate tables… so “Flunky” becomes the dealer. He spins the ball and snorts “Alright smarties, I’ll comp you all to the overpriced steakhouse if you can tell me the probability you’ll be ahead (have more money than you started with) after 20 spins of betting on red.”

Thank you so much for your help!!!! =]

Best answer:

Answer by Modus Operandi
I need more information. Like the payout if you win. How many red slots are there and how many total slots. And by slots I mean positions for the ball to land in.

What do you think? Answer below!

Question by Mariusz M: U.S Player Casino Problem?
I have a quastion i would like to start and deposit 50$ in online casino i am u.s player so i would like a list of best bonuses and casinos that allows u.s players and that aren’t a scam and send you money away can you tell me more about it ?

can you explain bonus to me like what means 400% ? 4x 50$ ? or up to 100$ ?

SORRY I PUT THIS QUASTON AGAIN I JUST LOST MY JOB ETC and want to earn on good vacation and yhmmm

OH i am intrested in casino that allows “U.S PlayerS” to play roulette

Best answer:

Answer by Bet E
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