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    In this section you will find selected articles by experts, with topics of application of probability theory in gaming/gambling and everyday life. The articles are in HTML format and are subject to copyright.

  

 Article

Revealing slots secrets: Generating a PAR sheet through statistical methods , by Catalin Barboianu - posted on 22/05/2013
In this article, the author argues that there is no rational justification for this secrecy by giving two reasons, one psychological and the other mathematical. For the latter, he shows that mathematics provides us with some statistical methods of retrieving the missing data, which are essential for the numerical probability computations in slots. The slots case raises the problem of the exposure of the parametric configuration and mathematical facts of any game of chance as an ethical obligation.   

 

 Article

Optimum Strategy and The Spectacle of Poker , by Catalin Barboianu - posted on 06/15/2007
The author presents an hypothetical scenario in which all players become professionals and show why poker will never loose from its spectacle. It is an essay about the existence of an optimum strategy with mathematical reasoning.
 

 

 Article

Returning the Odds: Partial simulations vs. compact formulas , by Catalin Barboianu - posted on 05/21/2007
The purpose of this article is to make a comparison from both a mathematical and a practical point of view between the returns of partial simulations and the returns of the compact probability formulas with respect to the gambling odds. The target practical aspect is a good approximation of the real probability and is not accomplished by most part of the so-called odds calculators found on the Internet - they do not return odds (probabilities), but relative frequencies, in conditions of questionable randomness and not enough long sequence of simulations.

 
 

 Article

Martingale Odds in Long Run, by Catalin Barboianu - posted on 05/18/2010
In this article we shall see different kind of odds regarding the repeated occurrence of a roulette event associated with the martingale and how the risk of such systems changes over the long run.


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