Tag: probability

The Role of Luck and Probability In Gambling
casino blog
29 June 2012

Luck and knowledge on probability is a potent and winning combination when you are gambling in casinos or anywhere else for that matter. Although luck cannot be controlled by anyone, even the gambling houses will have access to information on probability. So, there is every chance that they come up with ways of beating you, even if you devise a probability approach to win consistently.

Luck however is a totally different thing. When you have luck on your side, it is like the Midas touch. Every call you make, every card you draw and every throw of dice will win you more fortunes.

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