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UNLV Center for Gaming Research: Casino Mathematics

This guide, written by casino math professor Robert Hannum, contains a brief, non-technical discussion of the basic mathematics governing casino games and shows how casinos make money from these games. The article addresses a variety of topics, including house advantage, confusion about win rates, game volatility, player value and comp policies, casino pricing mistakes, and regulatory issues.

Casino Math

ISBN # for Casino Math is: 0-942828-53-4. ISBN # for the Casino Management Series is: 0-942828-45-3. The Library of Congress Control Number: 2001089796.

Casino Mathematics – Statistics and Data – Mathigon

Soon after their initial discovery, mathematicians started applying the laws of probability to many different parts of life – including casino games. One of these mathematicians was Karl Pearson who analysed the results of roulette games published in the French newspaper Le Monaco.

Casino Mathematics - SlideShare

Since the amount of money the casino can make off of a gambler on a certain table game - the win or theoretical win - depends on the amount of money bet (which itself a function of the rate of play, the duration of play, and the amount of money bet on a hand) as well as the house advantage, we can create a single equation that is expresses the win as a function of rate of play, duration of play, average bet, and the house advantage: Win = Amount Bet × House Advantage = (Rate of Play × ...

Casino Games Mathematics

Still, a lot of contemporary casino players hardly realize how important the systems of complex mathematics are to gambling. Of course, there are various games that are based on randomness and luck, but a great number of casino offerings are based on pure mathematics, or at least part of the strategies associated with them are.

Casino Maths - YouTube

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Understanding Casino Maths – It Is NOT as Hard as it Seems ...

Do you have difficulties in understanding casino maths? This article is for you, if you want to know the best gambling strategies ever!

Casino Maths

Part of the Casino Maths huge popularity of playing online comes Casino Maths from the many ways players can win real cash fast. From the big name progressive jackpots that run to thousands and millions, classic table games online, and the bingo and lotteries games, you'll find a game to suit your taste.