Insights into the world of gambling
Here’s the scenario: You’re sitting at a $5/$10 no-limit game of Texas Hold-em at your local casino. You walked in with $500 and bought several stacks of chips. Now, you’re up to $1000 because you’ve been playing well. You want to leave with at least as much as you came in with. The cards have […]
It is now time to evaluate the results of some recent homework problems. In two previous articles some probability questions concerning five-card poker hands were posted. To assist in assessing the accuracy of one’s work and understanding of the process here are the solutions. What Would be the Probability of a Five-Card Poker Hand with […]
During a poker game have you ever wondered why a five-card hand that contains five cards from the same suit is better than one that has two sets of matching ones? What is the determining factor in the ranking of various poker hands? The answer is probability. In the world of five-card stud the value […]