Gambling mathematics | Wikipedia audio article
Channel: wikipedia tts
Date: 28/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Gambling_mathematics


00:00:25 1 Experiments, events, probability spaces
00:06:05 2 The probability model
00:10:17 3 Combinations
00:12:01 4 Expectation and strategy
00:14:09 5 House advantage or edge
00:16:24 6 Standard deviation
00:16:42 7 See also
00:18:54 8 References
00:27:05 9 Further reading



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SUMMARY
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The mathematics of gambling are a collection of probability applications encountered in games of chance and can be included in game theory. From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, the probability of which can be calculated by using the properties of probability on a finite space of events.