Wednesday, August 12, 2009

What's luck got to do with it? The maths of gambling - physics-math

FIVE years ago, Londoner Ashley Revell sold his house, all his possessions and cashed in his life savings. It raised £76,840. He flew to Las Vegas, headed to the roulette table and put it all on red. The wheel was spun. The crowd held its breath as the ball slowed, bounced four or five times, and finally settled on number seven. Red seven. Revell's bet was a straight gamble: double or nothing.
What's luck got to do with it? The maths of gambling

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