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The Application of Probability in the Game of Poker - Coursework Example

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This coursework "The Application of Probability in the Game of Poker " describes poker players approach,  mathematicians approach to the game, the study of probability theory and the winning of the game. …
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The Application of Probability in the Game of Poker
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Download file to see previous pages Because gambling is legalized in many countries, the number of people engaging in these activities has increased. For all gamblers, there is the desire to make profits out of this activity, and this requires that they have a higher chance of that event occurring. One of the common card games people engage in today is poker. It is played with a deck of fifty-two cards. The ranks of a player’s cards and the combinations of these cards help determine the winner. In order to win big, players risk larger sums of money, hoping that they do not lose. Therefore, poker, just like any other gambling activity, is purely based on chance. In mathematics, one of the widely covered topics is a probability, which is the study of the likelihood of an event occurring. For this reason, poker is directly related to this mathematical concept because outcomes are based on chance. Although most people question the importance of studying mathematics in school, the application of mathematical concepts in the real world is varied. Probability, which is a branch of mathematics, is one of the most used concepts in the world. This research aims at demonstrating how probability is used in gambling by focusing on the game of poker. First, this paper will offer an overview of how poker layers approach the game without the use of probability. This approach will be contrasted to that taken by mathematicians. Secondly, this research will highlight how mathematicians apply probability in a game of poker. Given that poker, like most other gambling activities, is based on chance, the application of probability theory in the game of poker is important in estimating the outcomes of the game.
The approach taken by most poker players is based on their experiences, with less focus on mathematics and probability. For most poker players, there is the belief in experience, skill, and luck.  ...Download file to see next pagesRead More
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