Mathematics and Casino

Mathematics and Casino

In any given trial, two-thirds are due to a cause and one-third to chance. Increase the first fraction and you will be slightly startled. Increase the second one and you will be stupid. This article will examine the basic principles of casinos’ actions, how they make a profit, and how lucky they are. Let’s start with the basic mathematical laws in which gambling is made. What is the link between math and casino? Many video slots have been created and developed by mathematicians. Can we use their weapons to take advantage of the casinos?

A bit of History

In 1526, the Italian mathematician Geralomo Cardano tried to explain the game of dice using mathematics for the first time in his book “Games of Chance”. By conducting a study of his own gaming practice, he endeavored to improve and theoretically justify the system of betting management recommendations. In fact, it was he who drew up the definition of probability:

“Probability theory is concerned with determining the relationship between the number of times a given event occurs and the number of times an event occurs.”

Then, at the end of the 16th century, beginning of the 17th century, the mathematical analysis for the dice game was continued by Galileo Galilei and Blaise Pascal. They started doing this at the request of their friends, who are big gamers with great gambling experience. Probability science, according to history, is considered to have grown from gamblers’ business problems.

At that time, it was believed that the entire new branch of mathematics was entirely focused on probabilities. The next step in this direction was taken by the Dutch mathematician Christiaan Huygens, who published a book called “Reflections on Games of Chance” in the middle of the 17th century (“De Oranciniis in Ludo Aleae”). Further development of probability theory, 18.-19. It was made in the writings of many great mathematicians of the centuries; Jacob Bernoulli, Poisson, Laplace, Moivre, and others. Very soon a new theory became widely used in areas quite different from gambling.

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