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Probability
Theory
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The
results of a roulette game rely on chance. Similarly in a professional
blackjack game a shuffled deck of cards is used once and not reinserted
into the game, the mathematical science of chance is called probability. |
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Probability
assigns a number to the 'chance' that something will happen from the
range 0 to 1. The closer this number is to 1 the higher the chance
that that something will happen, 1 representing a sure thing and 0
an impossibility. |
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| Probability
is not a guess, it is calculated from a list of possibilities as will
be shown in the upcoming examples. Probability of 1 (something has
to happen) is divided into the different possibilities forming a fraction
for each one. The calculation showing that etiher one of these possibilities
could happen is the addition of the fractions and the calculation
showing that a possibility can happen more than once is the multiplication
of the fraction of that probability. Along the same line of thought
the probability that anything but a certain possibility will happen
is the subtraction of the fraction of the possibility from 1 i.e 1
- (fraction). There is no such thing as a probability greater than
1 or less than 0. |
| Next
Applying the Theory |
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