Tag Archives: probability

Roulette

Posted on June 5, 2011 by Ryo

It’s hard for me to justify playing roulette in the casino. Every single bet you can make on a standard, American roulette table (OK, except for the weird 0-00-1-2-3 bet) carries the same house edge, 5.26%, which is terrible. But … Continue reading →

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The 1-3-2-6 Betting Strategy

Posted on May 23, 2011 by Ryo

I recently learned about a new betting strategy for blackjack, called 1-3-2-6. I’m not a big blackjack player, since my money seems to evaporate so quickly in that game, but I like learning about new gambling strategies. So for this … Continue reading →

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False Positives

Posted on May 1, 2011 by Ryo

Back when I was a statistics major in college, in probability class, we talked about false positives. I found the results vaguely disturbing, even though issues with false positives haven’t personally affected me. At least not yet. The question is … Continue reading →

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