Chapter

Games people play

John Haigh

in Probability

Published in print April 2012 | ISBN: 9780199588480
Published online September 2013 | e-ISBN: 9780191777943 | DOI: https://dx.doi.org/10.1093/actrade/9780199588480.003.0006

Series: Very Short Introductions

Games people play

Show Summary Details

Preview

‘Games people play’ looks at how probability can be appreciated and manipulated in different games. In a lottery there is no way of increasing the probability of your numbers coming up. However, you can pick your numbers so you are less likely to share a large prize. TV gameshows show Addition and Multiplication Laws in action. In card games, the Law of Large Numbers means that skill will win out over luck in the long run. However, understanding concepts like conditional probabilities, Bayes' Rule and the Principle of Restricted Choice will help players make better decisions when playing.

Keywords: addition; conditional; law of large numbers; multiplication; probability

Chapter.  3561 words. 

Subjects: Probability

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.