discflicker
discflicker
Joined: Jan 1, 2011
  • Threads: 29
  • Posts: 443
May 7th, 2018 at 5:15:17 AM permalink
This is a YouTube video lecture from the Royal Institution
https://www.youtube.com/watch?v=658xlubwnDc
57:33

Roulette spins, coin tossing, card shuffling, the lotto, poker, rock-paper-scissors, etc. are discussed in mathematical terms

The presenter is a brilliant professor of mathematical modeling, but this video is all about the maths of gambling, including a formula for the "optimal amount to wager, based on your bankroll", what he calls "The perfect bet"..

Watch the Q&A here:
https://www.youtube.com/watch?v=o0XxbHnf5ro
24:49

Here's another similar from the same author:
https://www.youtube.com/watch?v=E6OXuTENvXc
46:40
Adam Kucharski: "The Perfect Bet" | Talks at Google
Last edited by: discflicker on May 7, 2018
The difference between zero and the smallest possible number? It doesn't matter; once you cross that edge, it might as well be the difference between zero and 1. The difference between infinity and reality? They are mutually exclusive.

  • Jump to: