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Author Topic: Probabilities: What is the difference?  (Read 139 times)

Dane

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Probabilities: What is the difference?
« on: April 03, 2017, 02:16:39 PM »
You might prefer to bet one dozen instead of one split. Some patterns may be easier to see than other patterns.
But if you compare chances, you may be rewarded with greater insight.

A small mathematical challenge for you:

At a roulette table with 37 numbers one guest is begging for dozen 1-12 to appear twice, say two times in the two NEXT spins.
Another guest hopes that split 33-36 appears WITHIN  these following two spins. One time or two times.

WHAT DIFFERENCE DOES IT MAKE?


 

Bayes

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Re: Probabilities: What is the difference?
« Reply #1 on: April 03, 2017, 02:51:14 PM »
Not much in it. I make it 0.10498 for the dozen bet and 0.10527 for the split.
 
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Reyth

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Re: Probabilities: What is the difference?
« Reply #2 on: April 03, 2017, 03:18:29 PM »
Obviously the difference is the payout.  Even with the extra chip cost, the split profit is so much better than the Dozen.

This is the underpinnings for the IDG's methods.
« Last Edit: April 03, 2017, 05:07:14 PM by Reyth »
 
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Dane

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Re: Probabilities: What is the difference?
« Reply #3 on: April 03, 2017, 05:02:20 PM »
Excellent!
You passed the test! :)