Probability Project
Strayer University
Math 104
Professor Stephen Vest
December 16, 2012
In this writing assignment I will explain how I determined the odds of winning a Texas Hold’em game or not, where I have a six and seven of diamonds. My opponent has a ten of clubs and a ten of spades. At the turn or fourth street, the cards on the table are a three of diamonds, four of clubs, nine of spades, and a ten of diamonds. These cards show that my opponent already has a three of a kind.
I have already bet $24,000 into the pot as well as my opponent. With the pot at $48,000 at the turn my opponent bets $10,000 more. The question is if I should call or fold? If I fold I lose $24,000. If I call the pot grows to $68,000 putting me all in. Before I call I need to calculate the odds of me winning vs losing.
There are 2,598,960 different possible poker hands. With my cards I can either possibly get a straight, one pair, flush, or nothing for that matter. I will take the one pair option out of the calculation since the one pair would not beat the three of a kind. The odds of getting a straight are 10,200 and 5,108 to get a flush. Add the two numbers and divide by 2,598,960 then my possibilities of winning are .00589. With the three of a kind and the possibility of getting another ten to make it a four of a kind or getting either a three, four, or nine to get a full house the odds of my opponent winning are: 54,912 (three of a kind), 3,744 (full house), 624 (Four of a kind) equals 59,280 and divide by 2,598,960 it will equal .02281. This shows that the odds of me winning are less.
My other strategy is to take in consideration the amount of cards that would give me a winning hand over my opponent. With the four cards on the table, my two cards and the two cards my opponent has there are 44 cards left in the deck. To beat the three of a kind I would need either a five (four cards), an...
...complete novice. For completeness, the rules of the game along with some poker terminology is included. Limit Texas Hold’em is a form of poker with community cards. The rankings of the hands are in order: Rank Royal Flush Straight Flush Fourofakind Full House Flush Straight Threeofakind Two pair One Pair High Card Example A♠K♠Q♠J♠T♠ K♣Q♣J♣T♣9♣ J♣J♦J♥J♠2♣ J♣J♦J♥3♣3♠ K♦J♦T♦3♦2♦ 9♥8♣7♠6♥5♠ T♣T♦T♥xx T♣T♦9♣9♦x 8♥8♠xxx A♣K♣Q♦J♣9♦
How a hand is made Every player gets two cards face down. These are the two cards that are distinct to their hand only. At the end of the hand, five cards will be shown face up in the middle of the table. These five cards compose the board and are community cards. Each player mentally takes his two cards and combines it with the five cards on the board, and makes the best five card poker hand he can make. They could use both cards from their hand and three from the board. Or they could use one card from their hand and four from the board. In extreme cases, they could use none from their hand and all five on the board. The purpose is to make the best poker hand from the combination of the starting hand and the board, without regard to how many cards are used from the starting hand. Here are some examples of a few hands. The bold cards in the Final Poker Hand column are the cards form the Starting Hand column that are used to compose the...
...The Poker Room
The poker room is a very unique and exciting place, but it can also be a frustrating place. Poker is a game for everyone. There are many different types of people in a poker room, anywhere from rich to middle class and in some cases lower than that. There are many sights and sounds all around, from the people to the décor, as well as the materials for the games. Poker consists of lots of different games and there’s usually at least one table for each game type. All of this makes a poker room a really exciting and unique place to be.
Inside a poker room there is just about any type of person that can come to ones mind. People of every race, religion, and sex play the game. At some tables there are talkative people. These are the ones who talk a lot and try to distract their opponents from what’s happening during a hand. There’s also people who are really quiet like myself. They sit quietly and study the game and what’s going on around them. These people are constantly trying to find a tell on another player or figure out a persons betting patterns. They look for anything that will give them a slight edge over their opponents. Since a poker room normally has a bar there’s always a few drunk players. I prefer to play against a drunk over a sober person any day. When a person drinks it’s hard for them to concentrate so they are essentially “dead...
...[pic]
M O D U L E U N I T A S S I G N M E N T
In
Methods of Regional and EU Analysis
Title
„Popularity of Poker”
Submitted by
Name: Rosen Apostolov
Faculty Number: 125782
[Name of the Master Program]European studies and Regional Cooperation
Ruse,
2012
Contents
1.Introduction 2
2.The Poker Boom 3
3.World Series of Poker and European Poker Tour Research 4
4.Questionnaire and analysis 6
5.Conclusion 12
1. Introduction
Poker is a family of card games involving betting and individualistic play whereby the winner is determined by the ranks and combinations of their cards, some of which remain hidden until the end of the game. Poker games vary in the number of cards dealt, the number of shared or "community" cards and the number of cards that remain hidden. The betting procedures vary among different poker games in such ways as betting limits and splitting the pot between a high hand and a low hand.
In most modern poker games, the first round of betting begins with one of the players making some form of a forced bet (the ante). In standard poker, each player is betting that the hand he or she has will be the highest ranked. The action then proceeds clockwise around the table and each player in turn must either match the maximum previous bet or fold, losing...
...
The Popularity of Poker 


The Popularity of Poker 

Casino Management Hosp 440
February 25, 2013
Authored by: Nicole Roman
Casino Management Hosp 440
February 25, 2013
Authored by: Nicole Roman
Table of Contents
Introduction 2
History of Poker 2
Types of Poker 3
5 Card Draw 3
Stud Poker 4
Texas Hold’em 4
The Rise of Texas Hold’em 6
Online Poker Popularity 7
Chris Moneymaker 8
Online vs. Casino Poker 9
Poker Player Demographics 10
Conclusion 10
Works Cited 12
Introduction
“The history of poker is thought to have evolved over more than ten centuries from various games, all involving the basic principles of ranked card or domino combinations and the use of “bluffing” to deceive opponents” (The History of Poker). Started by the Chinese, many versions of the game were carried on with the Egyptians, and then continued into the Spanish, French, and German culture, before it even hit the United States. As the evolution of Poker evolved over time, it became one of the most popular card games to be played. With its many different variations it was Texas Hold’em that became the most popular. It became so popular in fact, that it started becoming available all over the internet. Turning the average player into multimillion dollar winners, Poker...
...ANNEXTURE
Questionnaire
Dear respondent,
I m a student of “Bhagwan mahavir college of business administration, surat” conducting a survey for my project preparation, as the requirement of partial fulfilment of subject project in third year(semesterVI) BBA in surat city of a study on “A COMPARATIVE STUDY ON BRITANNIA AND PARLE COMPANY IN SURAT CITY (A SURVEY ON BISCUIT )” I assure that the information given by you are strictly used for academic purpose only. I request you to help me in gathering information by filling up yhe following information.
Thank you,
Abhishek sojitra
Bhagwan mahavir business administration
Top of Form
1) Do you eat biscuit?
Yes
No
2) Select your likely tastes for biscuit?
Sweet
Salty
Sweet & Salty
Cream biscuit
Others
3) What type of biscuit you normally prefer?
Branded
Bakery product
4) How often do you eat biscuit?
Once in a week
Once in a month
Once in a fortnight
Alternate days
Every day
5) When do you have biscuit?
At breakfast time
At evening
Any time
6) Which brand you normally buy?
Britannia
Parle
Both
Other:
7) From where do you buy biscuit?
Provisional store
Hawkers
Convenience store
Other:
8) Out of the following brand which...
...HIGHER COLLEGES OF TECHNOLOGY
ABU DHABI MEN’S COLLEGE
CIS 2003
Assessment 4 – Group Project
Programme Name:
Bachelor Degree
Course Code and Name:
CIS 2003
Time Allowed:
( 3 Weeks )
Assessment Number:
4
LO/Goals Covered by this Assessment:
1,2,3,4,5
Special Instructions:
Read the entire Project.
No Outside Help is Allowed
You are Not Permitted to work with anyone else, Inside or Outside the College on the Project, other than your fellow group members
It must be the Groups Original Work
Conditions:
Work in Groups if 2 – 3 students
Email to your Instructor a Softcopy of the Project
A 5% Penalty will be given for each day Late
% of Final Grade:
15%
Total Marks Available:
70
Student ID:
Student Section:
Result:
/ 70
HCT Academic Honesty Policy
Academic dishonesty will not be tolerated within the HCT. Academic dishonesty includes cheating, plagiarism (copying) or any other attempt to gain an academic advantage in a dishonest or unfair manner. Breaches of the Academic Honesty Policy will result in dismissal from HCT
Project Objectives:
To estimate the population parameters from sample statistics, using interval estimate (90%, 95% and 99% levels).
The project consists of three parts as listed below. You should carefully read the instructions. This project is Group based (2 – 3) and each Group will have different results based on...
...PROBABILITY DISTRIBUTION
In the world of statistics, we are introduced to the concept of probability. On page 146 of our text, it defines probability as "a value between zero and one, inclusive, describing the relative possibility (chance or likelihood) an event will occur" (Lind, 2012). When we think about how much this concept pops up within our daily lives, we might be shocked to find the results. Oftentimes, we do not think in these terms, but imagine what the probability of us getting behind the wheel of a car twice a day, Monday through Friday, and arriving at work and home safely. Thankfully, the probability for me has been 'one'! This means that up to this point I have made it to work and returned home every day without getting into an accident. While probability might have one outcome with one set of circumstances, this does not mean it will always turn out that way. Using the same example, just because I have arrived at work every day without getting into an accident, this does not mean it will always be true. As I confess with my words, and pray it does stay the same, probability tells me there is room for a different outcome.
In business, we often look at the probability of success or financial gain when making a decision. There are several things to take into consideration such as the experiment, potential outcomes, and possible events. An...
...of observations, which gives each observation equal weight, the mean of a random variable weights each outcome xi according to its probability, pi. The mean also of a random variable provides the longrun average of the variable, or the expected average outcome over many observations.The common symbol for the mean (also known as the expected value of X) is , formally defined by
Variance  The variance of a discrete random variable X measures the spread, or variability, of the distribution, and is defined by
The standard deviation is the square root of the variance.
Expectation  The expected value (or mean) of X, where X is a discrete random variable, is a weighted average of the possible values that X can take, each value being weighted according to the probability of that event occurring. The expected value of X is usually written as E(X) or m.
E(X) = S x P(X = x)
So the expected value is the sum of: [(each of the possible outcomes) × (the probability of the outcome occurring)].In more concrete terms, the expectation is what you would expect the outcome of an experiment to be on average.
2. Define the following;
a) Binomial Distribution  is the discrete probability distribution of the number of successes in a sequence of n independent yes/no experiments, each of which yields success with probability p. Therewith the probability of an event is defined by its binomial...
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