Category: Math/Gambling

I am withholding most of my ideas for casinos in case one of them wants to pay me what I’m worth to consult for them. But two simple examples would be: 1. Those triple hand draw poker machines pay a big jackpot for three Royals at once. But they could pay an even bigger one… Continue reading Two Ideas for Slot Machines.

Presently they give high rollers a small percentage refund on their losses. Instead, they should give back a much higher percentage but only on losses that exceed a high amount. The principle is the same as #73 above. (And there are many other examples.) I contend that both the customer and the casino would like… Continue reading Casinos Should Revamp Their Baccarat Rebate Policy.

A billion Chinese childless couples are told to have a boy and stop having children once they do. How many total children do they have? Half the couples have one. A quarter have two. An eighth have three etc. Analogous to the math problem. Except this time, we know the answer. Two billion (don’t nitpick).… Continue reading When Coincidences Probably Aren’t.

A billion Chinese childless couples are told to have a boy and stop having children once they do. How many total children do they have? Half the couples have one. A quarter have two. An eighth have three etc. Analogous to the math problem. Except this time, we know the answer. Two billion (don’t nitpick).… Continue reading Chinese Children Help Calculate 1/2 + 2/4 +3/8 + 4/16 + 5/32 + ……..n/ (2 to the nth)

If your picks are coin flips my expected profit is $2.50 if you bet five games and 5 if you bet ten games with no forgiveness. But capping your losses at 55 (rather than the normal 110) still results in an EV of about 4 for me. In other words if you planned to bet… Continue reading Lay Me 11-10 on Ten Football Games and You Can Beat Me for 100 While I Cap Your Loss at 55.

Even if their kicker is 100%, it’s still the right play if they are 40% to succeed with the two-point conversion attempt. You assume you will score another touchdown (and that you are even money in overtime) and go for one the second time if and only if the two-point try worked. I’ll show the… Continue reading NFL and College Football Teams that Score a Touchdown with Little Time Left Should Go for Two When Down by Eight.

No further explanation needed. All comments welcome.

No further explanation needed. All comments welcome.

If you are playing close to the poker strategy called Game Theory Optimum, you bluff a lot. Playing holdem that GTO strategy will often have you betting bad hands not only on the flop, but sometimes on the turn and river as well. That strategy is the best way to play against good players. But… Continue reading Deviate from Poker Early Round Game Theory Recommendations If You Are Unwilling to Carry Them Through to the End.

Other examples of rules for new games that can easily be implemented online, but not live, would be things like opportunities to match the pot in return for something, refunds for playing bad hands, not allowing certain hands to be dealt, or even using a pseudo deck where certain cards are not equally likely to… Continue reading Internet Poker Idea #2