MATH 3808
Mathematical Analyses of Games of Chance
This course covers mathematics used in the modern casino gaming industry. The topics include probabilities, odds, house advantages, variance and risks, optimal strategies, random walks and gambler's ruin, and gaming revenue estimation. Examples are taken from various games such as Roulette, Blackjack, and Poker.
Topics
- probabilities
- odds
- house advantages
- variance and risks
- optimal strategies
- random walks and gambler's ruin
- gaming revenue estimation
Course catalogue
Prerequisites & course information
Prerequisite(s): one of STAT 2655 , STAT 2605 , STAT 2507 , STAT 2606, STAT 3502 , or MATH 3825 or MATH 3855 . Lectures three hours a week, tutorial one hour a week.
Sources
- Course catalogue ↗2026–2027
- MATH 3808A W21 ↗2021