How do I find standard deviation and variance from the casino game “roulette?” (For my Prob. & Stats class)?

July 31, 2010 :: Posted by - admin :: Category - Roulette

Question by Drumminnerd: How do I find standard deviation and variance from the casino game “roulette?” (For my Prob. & Stats class)?

Best answer:

Answer by Merlyn
This question is to vague to give specifics. What you’ll need to do is define your random variable X and then you’ll be able to find a mean and variance.

For example:

X = winning on black, i.e., you bet on black, X is the amount you win. This will be subject to how much you bet and could win.

X = winning on “0″

X = winning on “00″

After you define the random variable you can use the following to find the mean, variance and standard deviation.

for any discrete random variable the expectation is:

E(X) = μ = ∑x * P(X = x)

the variance of a discrete random variable is:

Var(X) = σ² = ∑(x – μ)² * P(X = x) = {∑x² * P(X = x) }- μ²

the standard deviation is just the square root of the variance.

Add your own answer in the comments!

Joseph Jagger The Roulette Winner

July 30, 2010 :: Posted by - Stuart Thomas :: Category - Roulette

Although most players never make it to the big time playing roulette, sometimes there is somebody who breaks the bank and takes a casino down. An example of somebody doing this is Joseph Jagger. Joseph Jagger won over five-million dollars in a small period by exploiting a biased wheel at the Monte Carlo Casino.

Joseph Jagger employed six people to secretly keep taps of the outcomes of the roulette wheels at the Monte Carlo Casino. After years of data collection enough data had been gathered. After looking at the numbers Jagger saw that a specific wheel has an obvious bias towards a few numbers.

Jagger found the knowledge that would make him a millionaire, he found a biased wheel. One wheel at the Monte Carlo had a bias for numbers 7, 8, 9, 17, 18, 19, 22, 28, and 29. These numbers won more often that they should. Jagger then did what was believed impossible. He went to the casino and took it for nearly everything it had.

It was July of 1875 when Jagger took his seat at the biased wheel and put a bet down on the number seven. It was only a matter of time before Jagger had made a name for himself. Jagger possessed what every roulette player wishes they possessed a mathematical edge.

Jagger kept at it for several days repeatedly betting on the number seven. He kept winning and winning. The damage was then multiplied, as many gamblers quickly started copying his bets. Soon there were several Jaggers all using the same trick to beat the casino.

The casino out of desperation decided to shuffle the wheels; all of the wheels were moved and relocated. This was done in hopes of throwing Jagger off of his track. This ploy, at least for a little while worked just fine for the casinos.

However Jagger had thought a step ahead, before the casinos had moved the tables Jagger had made a distinct scratch in the biased wheel. After a couple of bad days he found the biased wheel and began winning again. The casinos then completely redid the wheels, moving the frets and metal dividers around on a daily basis.

This put an end to Jagger’s famous run. He realized he was beaten and left the casino and never went back. I say beaten although he left with his earning of over five-million dollars. Could you be the Joseph Jagger of online roulette?

It’s not realistic to expect similar results to Joseph Jagger when you play roulette online but you should be looking to play it at the best casinos. The Online Roulette King can help you find the best casinos, just follow this link: http://www.onlinerouletteking.com

slot machine audio from casino?

July 29, 2010 :: Posted by - admin :: Category - Slot Machine

Question by Thrasher: slot machine audio from casino?
I desperately need all audio for the video slot machines “Uncle Sam” and also “Tobasco”. I am making a home video, but need these audio files to edit into it. These machines can be found in Casino’s, but it would be too difficult to record the audio ‘live’. I am having serious trouble finding mp3′s or wma’s of them. Are there such sites for these 2 video slot machines? or somewhere I can get these somehow?
better yet… I called them.
I got the run-around and still didn’t get an answer.
I don’t know that email would do any better, but I’ll try it.
Thanks man!
Anyone else have any ideas?
okay… Thanks man! Nobody else is surfing here. I just give *YOU* the gold!
▀▄▀▄▀▄▀ THANK YOU ▀▄▀▄▀▄▀

Best answer:

Answer by BRUCE C
IGT makes those machines email them and see if they will provide you with the audio the site IGT.com will provide you with the email addy.

Know better? Leave your own answer in the comments!

Different Roulette Programs

July 27, 2010 :: Posted by - Ryan Ashurst :: Category - Roulette

With so many online roulette systems being sold these days it can be hard to find all the good ones. I myself have wasted a lot of money buying roulette systems, especially in my earlier days of playing roulette online.

When I first started playing I lost a lot of money and this made me desperate to win it back. I was so desperate that I would get my credit card out every time someone was promising me a roulette system that worked.

Despite this I’ve still found a few good ones that can help you win money. Although there’s no way of winning at roulette all the time there are things you can do to maximize your winning sessions and cut down on your losing ones.

One program that I am a fan off is super roulette which is one of the lesser known roulette systems. This is an automated program that can play at the no zero roulette table at bet voyager casino.

In super roulette you get several unique system that you will only find with super roulette. Sometimes you need to play for a long time to come out on top but this usually happens providing you’re patient.

Reverse roulette is another system that is worth trying. On the site they say that you will have a 75% chance of winning which is a slight exaggeration. However it’s still a good system and it’s safe to use.

The final system I will give a mention to is the roulette bandit. This is a system that has become one of the most popular and a lot of this is down to the website. There is a proof of effectiveness on the site which is over an hour long – very impressive in this market.

My only concern with the roulette bandit is that while it’s effective it takes time to learn and use it. Most people looking for roulette systems want a quick fix that will make them rich rather than something they have to work on.

If you want to learn more about any of the systems I’ve mentioned you could do a Google search. You may want to look for a Roulette Bandit Review or a review of any of the other systems

The Theory of Blackjack: The Compleat Card Counter’s Guide to the Casino Game of 21 (6th Edition, Indexed)

July 24, 2010 :: Posted by - admin :: Category - Blackjack

The Theory of Blackjack: The Compleat Card Counter’s Guide to the Casino Game of 21 (6th Edition, Indexed)

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Generally considered the bible for serious blackjack players, Peter Griffin’s classic work provides insight into the methods and numbers behind the development of today’s card-counting systems. Contains the most complete and accurate basic strategy.

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Poker Tracker – Professional Poker Software

July 23, 2010 :: Posted by - Thomas Kearns :: Category - Poker

The best software for evaluating your game and that of your opponents is PokerTracker. This remarkable software will make a record of each and every hand of poker you play online and sort them into a user friendly database so you can see your plays exactly, and even better, your opponents play. The pros use this, why not you? How it works:

Detailed histories of all the hands that you play online are automatically stored on your hard drive by the poker rooms. PokerTracker will take those histories and import them into an easy-to-use database so you can compile statistics, which you can then analyze to help you play a better, more winning, hand of poker.

It will also allow you to profile your opponents and find and exploit weaknesses in their game. PokerTracker is also a great record keeping tool. It will tell you how many hands you have played, how much you won or lost, how many hours you have played, how much you are making per hour, and a number of other things. The most important aspect of the software is the statistical reporting.

You have probably wondered at some point how aggressively or passively, or how tight or loose you play. PokerTracker will give this information to you on your game and on all your opponents as well. It will tell you when you lose focus and when you begin playing too many hands, an aspect that you have probably not looked into before. You also probably are unaware of the number of times you checkraise, win at showdown, go to showdown, and a myriad of other worthwhile facets of your game that you should be paying attention to.

The software will also allow you to look at the performance of every different starting hand from AA down to 72o. You can sort these by position as well to see where you are making money and where you are losing money. Cutting out losing hands is one of the most profitable things you can do as a poker player. Without some type of tracking software there is no way to know what hands are making you money in what position and what hands are costing you money. Generally you remember your big winners and your big losers. Its the hands in between that make or break a professional poker player. Make sure that you don’t have any gaping holes in your game.

The author takes advantage of the highest Victory Poker Rakeback. Please visit Rakeback Solution to also sign up for Victory Poker Rakeback.

Casino Roulette Strategy Tips to Win

July 22, 2010 :: Posted by - admin :: Category - Roulette

Casino Roulette Strategy Tips to Win

Win at Roulette using my Free, very Effective, and Easy-to-Use Roulette System.

Winning solutions, tips and advices or which roulette tools to use to win money in online casinos by playing roulette.

On this market you can find a lot of roulette system sellers that finally will try to convince you to buy their products if you want to win money by playing roulette.

Why roulette is the most used game in any online casino?
I think because it is a simply game to play.
Sure exist also card games that are used by a lot of players but I want to pay attention here only to roulette tools you can use to design, control and play your game and finally to make a good profit.

The most important thing here are to have several ways to design your game.
Most of the roulette systems simply just use a predefined algorithm for this and only some variables that finally do not allow you to design what you want and finally you will use what was hard coded in that application.

I will recommend using for this only roulette tools and this is easy to find if you will search for the best roulette tool in the internet.

The next advice is to try always to avoid black box roulette systems.
Just do this and it will be the first your right step.

So what else you can choose?
I will recommend using of open source roulette systems.
Newer heard about it?
Finally you can do this now and to search for such systems that allow you to design your own roulette system in an open source roulette system format.

Related to advantage of open source format then I can tell you that all professional roulette players use only such format.

Open source roulette system format simply allow you to read line by line or step by step what that roulette system will do and always will allow you to modify it and even to improve.

Looks like now you already have more info that will allow you to find your best roulette tool for your own roulette game.

The next feature we will call game control.
Most of you played different roulette systems so many of them just follow some rules without any ways to modify them real time.
Please take in mind that every roulette system should allow the player to change the game strategy real time.
Finally this mean you will be able to see real time your game process and always will be able to change your game strategy.

If you plan to try to make money only by using one roulette system then finally you will be disappointed.
Finally you shouldn’t be a gambler but a roulette system developer and this mean you should deal at least with 10 and even with 100 roulette systems that you will know always how all them works.
I will recommend for this to use a roulette system creator tool.

Due to different levels of every roulette player you can use or visual roulette system creator model or scripting roulette system creator model.

Finally all is up to you because from this will depend if you will be able to make profit or not but the most important thing is to be on the right way.

By the end I want to advice you just to decide for yourself which is better for you and in case you have your ideas but need some help then just look for some roulette communities which goal is to develop roulette tool software and not only to talk about them and always try to avoid sellers of roulette systems.
Better buy one roulette tool that will allow you to generate 1000 roulette systems instead of paying money for one.
So just search for these things on the internet and you will find who is the best.
If you have any questions at all, just click on the Contact Us link to get in touch with us. We will always reply to every email we receive.
For more information visit the official Money Maker Machine website!

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We are a professional software developing team aiming roulette tools for online casinos.

Online Poker – A Look At HUDs

July 21, 2010 :: Posted by - Thomas Kearns :: Category - Poker

A tool is available for professional poker players that will display statistics on other players at the table, this program is called the heads up display or HUD. Professional poker players are able to play several games at different tables at once using several monitors. Sometimes the professional poker players will play anywhere from 4-16 tables at once which makes it nearly impossible to keep track of the opponents’ playing styles. Using a HUD it is possible to know who plays how with just a glance at their stats. I’m sure you are wondering how it works.

The hand histories for every hand that you play online are stored on your hard drive. These hands can then be imported into a tracking software and compiled into a database. The HUD will then read this database along with the current hand histories for live tables and display the stats directly on the table to help poker players make quick decisions based on the playing style and weaknesses of their opponents without having to actually watch every hand closely. So how is this beneficial in actual play?

We all know that watching how our opponents play closely will help us exploit their weaknesses. When you use a HUD in conjunction with a datamining software program you can get a huge advantage over your opponents. You can move from table to table and always know exactly how your opponents play without spending too much time studying them in real time. Your software will do it for you. Some players fold the flop 60% of the time but constantly check raise the turn. If you see this on a players stats, and they call the flop, you can often expect a checkraise on the turn. This may be a good time to check behind with a mediocre hand and save two bets. Without a HUD you would have to watch this player closely for thousands of hands to realize that this is their standard play when they make a big hand. Other players will try to run over any table they sit down at and raise 50% of the time before the flop. You will probably pick up on this after a few orbits even if you’re playing 8 table or more, but with a HUD you’ll know what you’re dealing with before the first hand is even dealt.

With a HUD your opponents’ hole cards will also be displayed after the hand is over if they go to shutdown. Often players will muck their cards to keep you from seeing them but the data will still be picked up by a HUD. This will help you value bet the river against players who will showdown weak hands by allowing you to know what a player will call a river bet with.

A heads up display should be used by anyone playing poker online. If the professional use them so should you.

The author is a full time online poker player and makes the majority of his income from his online play and rakeback at Red Star Poker. To sign up for a Rakeback account of your own visit Rakeback Solution.

10 Most Important Poker Playing Advices

July 18, 2010 :: Posted by - David Kepllenbush :: Category - Poker

Poker tables facilitate a great playing environment with a wide range of player skills. This article provides the needed poker tips to assist you in pursuing a more enjoyable poker playing experience, read these tips and memorize them, they will help you improve your game and win more money at the tables.

Remember that the poker chips and money that you have already contributed to the pot is not your money anymore, and you will not be able to get it back to you simply by playing a less stronger hand then the one the other players at the table have, all the way until the end, to estimate your poker odds you can try using the HoldemRadar poker odds calculator and see where you are.

If you strongly feel that the opponent player does have the much better hand he is representing by betting, avoid giving him more of your money, consider folding as the best option.

Pay attention to new development when new cards are open, try to figure out exactly what is the best possible poker hand that would fit the flop, turn and river, pay the same attention like you are paying in multi players blackjack and calculating the right strategy using the Blackjack Radar free blackjack calculator software.

Check out what every player is doing all the time, if you figure out that a player folds to each and every re raise, you can use it the next time you play a hand with him.

If you are winning good money at poker table which have lower level stakes game, stay there, there is no real reason to improve since you are already winning stacks of chips and money.

Examining your own moves is a key element in correcting your own mistakes, and it will make you a much better player. You will make mistakes but the important thing is to learn from them and correct your moves in the future.

Do not continue playing poker if you experience a long series of losing hands, you many need a change, get off the table, do something else and return later, you luck will change.

If you are seated in an early position at the poker table, play a very tight game since you never know how many bets or raises there would be through the game.

Dave Kepllenbush is a world known gambling expert, the advisor to Holdem-Radar, the free Texas holdem Poker Strategy & odds Calculator popular software, he wrote many books on learning to play blackjack, a highly popular online roulette guide and an awards winning free online slots guide, download the HoldemRadar Free Texas Hold-Em poker calculator and the Blackjack-Radar free online blackjack strategy calculator and increase your chances at the tables.

Casino Slot Machines: Then and Now

July 12, 2010 :: Posted by - admin :: Category - Slot Machine

Casino Slot Machines: Then and Now

Before speaking about slots let’s see when the first gambling machine appeared. Be aware that a gambling machine and a slot machine isn’t the same. So, the first gambling machine appeared in the 19th century and it was invented by Sittman and Pitt. In fact, it was like video poker as there were used playing face cards as symbols and the payout depended on poker hands. But if you had played then you wouldn’t have got money in the case of a win. Your win would have been food or drinks from the bar in which the gambling machine was situated. A little later there appeared the first slot machine, which was based on the same principle.

Nearly everybody knows what a slot is. Even if you have never played slots you have seen them for sure. Nowadays slots are an integral part of all modern casinos. Gamblers take slots for granted, millions of people play slots, but very few know when they were invented and who was the inventor.

All slots at modern casinos are based on the construction, which was invented by Charles Fey in 1887. The first slot consisted of three mechanically spinning reels. Every reel had ten sections with different pictures on them. If three equal pictures come out at the same time it was a win. In 1889 there appeared slots, which gave an opportunity to win the jackpot. Then the jackpot was paid when the total weight of all coins in a slot machine ran up to a certain edge. But slots of this kind didn’t exist for a long time, as they didn’t make a profit for slot owners as players found a way out. It was enough to punch a playing machine and the coins came out. The next version of the game was much simpler. There were three sections (or slots) inside of a playing machine. When a player made a bet to play a slot the coin fell in one of the 3 sections. One of the sections was a winning section. If the coin fell in a winning section a player got three coins back. Later slots became more and more popular. For example, there were up to 2000 slot machines only in San Francisco. In 1895 there was invented a slot machine, on which all modern slots are based. Fey’s slot was called “Liberty Bell”. The slot consisted of three parallel discs with numbers on them. A player pulled the lever, which made the discs reel. A certain number combination was a winning combination. Then the combination of numbers “4-11-44” was a winning combination.

There were a lot of disputes about slots and their right for existence. In the 20th century they were forbidden in the USA. As a result there appeared so-called “Liberty Bell Gum Fruit” slots. The principle was the same, but people used these machines for buying a bubble gum and with the bubble gum they got an opportunity to win money, they were given a spin. The symbols were different fruits, the most popular tastes of a chewing gum. That’s why these machines were called “fruit machines”. And still a lot of slots have the same symbols. Moreover, the BAR symbol, which still exists as a wild symbol, came from those slot machines.

Other slot machines were an electro-mechanical slot machine “Money Honey”, which appeared in 1964 and “Dollar Slot Machine”, which appeared in 1970. Later in 1980 the first video poker slot machine was invented. You can see yourself that the development of slots is very fast and the main reason of it is their popularity.

Of course the modern slots are different. There is no lever to pull, it is enough to push the button, there are no mechanical reels, and you can see everything on the screen. The computer will do everything for you, you just make bets you want and push the button. The choice of slots is very wide. Everybody will be able to find something to his liking. There are different wild and scatter symbols, different bonuses and bonus rounds, and the jackpots are also different. You are only to make a choice!

The slot machines have been existing for about 120 years and one can find them nearly everywhere: at casinos, cafes, different stores and even at online casinos, which give you an opportunity to play your favorite slots at home!

Copyright © 2007 UK Slots, All Rights Reserved. To find out more on how to play slot machines and maximize your winnings visit our site: Play Slots UK

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Long Awaited Report On Lottery...

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Silver Lotto System
In this report You will discover:
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  • 3 Essential Tips For Your Lottery Game
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  • The 5 Common Game & Ticket Mistakes You Should Never Make
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