Day: May 21, 2024

Poker is a card game in which players use the cards they are dealt to create the best possible five-card hand. The goal of the game is to win a pot by betting against other players while avoiding bluffing. The game shares its ancestry with the Renaissance game of primero, the French game poque, and the English game brag. After the deal, players reveal their cards in the center of the table and place any remaining chips or cash in the pot. There are usually one or more betting intervals […]

From the famous fountain show at the Bellagio to luxury accommodations and an array of gaming options, casinos offer glitz and glamour. But they also rely on an element of chance and mathematical expectation to slowly bleed patrons of their money. Despite this, some mathematically inclined folks have tried to turn the tables on casinos by using their knowledge of probability and game theory to exploit weaknesses in these systems. Gambling in one form or another has been around for millennia, beginning with dice in 2300 BC and cards in […]