Need to learn gambling so I can pass college stats?

Question

Stats would be great if it weren't for the numerous gambling senarios! We spend a lot of time on race odds, casino games, and made up street games (spinner, dice, etc). I don't understand how these things work; thus on the tests I bomb big time. The only card game I've ever played is go fish; gambling is a major sin where I come from (different era).

Anyone know about these things or have a good site so that I can learn about wagering? My prof is getting annoyed with my questions and I'm sick of being the class dunce!

Answer 1

I suggest you look at resources for Gaming Theory. This is an Economics theory that explains decisions. If you saw the movie "a Beautiful Mind" a few years ago, it was about the man that won the Nobel Prize for Economics for developing this model.

Game theory studies decisions made in an environment in which players interact. In other words, game theory studies choice of optimal behavior when costs and benefits of each option depend upon the choices of other individuals.

It is a very interesting explanation for lots different situations, and well worth taking the time to study. It ties directly to statistics as it shows how the decisions made in successful gaming work hand in hand with the odds of something working or not.

Answer 2

Nobody can proactively ask questions about your disability when you are applying to college, this is illegal. If you want services, you have to register with the campus disability office AFTER having been admitted to the college. This is a separate proces in the college environment. But a disability can show up if you are admitted into the college.In order to appropriately accommodate yourself, you need to also provide yourself with the appropriate academic resources. Consider instead getting a GED and then applying to a state university/college (all are ADA and 504 covered). Then you will be able to obtain appropriate resources and accommodations for effectively managing your disability. I'd register for a non-math math course. Consider a 'history of math' course. Or look into a 'math for education degree seekers' course which can just cover basics usually found on a four function calculator--because this class is learning how to teach elementary-level students!

Answer 3

When I took behavioral statistics courses, we never used gambling examples... instead we used social science and human behavioral examples (which are probably more fuzzy and less concrete than cards or dice). So I think it really depends on the teacher.

I think stats might be more likely to help with gambling, than gambling would help with stats... but even then- unless you're on the bookie or casino end, you're not likely to turn a profit.