Category Archives: Probability theory

How do Online Casino Bonuses Work

I was browsing the internet the other day and started noticing some of the incredible bonuses that online casinos offer.  By simply placing in a modest deposit, you could receive a huge bonus of sometimes up to \$500 all for … Continue reading

Probability Theory in Gambling

There’s a certain characteristic that’s common to the world’s most successful gamblers – they understand the mathematics of the games they play.  More specifically they understand probability theory which is normally fairly simple to implement because most games of chance … Continue reading

Using the Poisson Distribution

The distribution grows more symmetric once the mean is larger. The standard distribution is wholly dependent on its parameters JJL and CT.. Generally, for smaller values of mu, the distribution isn’t symmetric but skewed. The Poisson distribution would be a … Continue reading

Riemann Integration Theory and Practice

In regard to Riemann Integration, Riemann Integration may be used to decide on the accuracy of the Fourier Series used. Additionally, This is called Riemann integral. Here we are going to try out the approach of Riemann. Riemann integral was … Continue reading

Thus a System of Equations could have several equations and lots of variables. In regards to trigonometry, you should have to know how to solve trigonometric equations. Solving for Three Simultaneous Equations The procedure is very much like solving for … Continue reading

Posted in Probability theory, statistics | 1 Comment

Studying the Martingale Probability Theory

Probability theory appears in the modelling of various systems where the comprehension of the “unknown” plays an integral function, including population genetics in biology, marketplace development in financial math, and learning characteristics in game theory. Additionally it is invaluable in … Continue reading

Introducing Probability Calculus

To perform likelihood calculus means to find the numeric likelihood of an event, by employing properties of chance and working the computations for the specific parameters of the individual use or problem. You don’t have to be an expert or … Continue reading

Musings on the Random Walk

The easiest definition of the Random Walk is an analytic one. It doesn’t have anything related to probability theory, except insofar as the definition is motivated by probabilistic notions. To put it differently, probability theory will “lurk in the backdrop” … Continue reading