The Joy of Mathematical Games
Lecture no. 23 from the course: The Joy of Mathematics
Taught by Professor Arthur T. Benjamin | 31 min | Categories: The Great Courses Plus Online Mathematics Courses
This lecture applies the law of total probability and other concepts from the course to predict the long-term losses to be expected from playing games such as roulette and craps and understand what is known as the "Gambler's Ruin Problem."