Using probability How can you use probability to improve you

Using probability: How can you use probability to improve your chances of winning at a casino. Provide specific examples using concepts learned in this module. Use one of the card games as an example.

Please write neatly.

Solution

Casinos are filled with games of chance, and in all of these you have some chance of winning. However in nearly every instance the odds are in the house\'s favor. While you might get lucky occasionally, it\'s statistically impossible to win in the long run unless you cheat/have someone else cheat/card count/steal money. However there are a couple of notable exceptions to this rule, and by playing smart you can maximize your chance of walking out ahead.

example :

Blackjack is one of the most basic casino games. You and the house each start with two cards, and then flip over random cards hoping their added value will get closest to 21 without going over. The key is knowing the odds that you will hit the desired sum and betting on those statistics conservatively. Some variations of blackjack can actually give the player the advantage