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The secret of winning The real difference between winners and losers in life – is understanding your chances…

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Presentation on theme: "The secret of winning The real difference between winners and losers in life – is understanding your chances…"— Presentation transcript:

1 The secret of winning The real difference between winners and losers in life – is understanding your chances…

2 Slinky’s casino 2

3 Each player has 15 chips. How will you spend them? The chips 3

4 The games Overs and Unders It’s your Choice Roulette 4

5 I am going to throw two dice. There are only three choices. Under 7, 7 and over 7. I am going to throw two dice. There are only three choices. Under 7, 7 and over 7. Place your bets. Overs and Unders 5

6 This game is played with two special dice. Your score is the sum of the two dice. It’s your Choice What do you think will be the most common score? 6

7 Roulette 7

8 Roulette – the bets NameCoveragePay out AStraight up1 number36 BSplit2 numbers18 CCorner4 numbers9 DStreet3 numbers12 ESix line6 numbers6 FDozens12 numbers3 GColumns 12 numbers3 HEven chances Red or black Odd or even High or low 2 8

9 Roulette Place your bets 9

10 Overs and Unders +123456 1234 2 3 4 5 6 Complete the table 10

11 Probability of scoring over 7 = Probability of scoring exactly 7 = Probability of scoring under 7 = If you always bet on the same region, how much would you expect to win if you play 36 times? What does that tell you about the game? Overs and Unders – the chances 11

12 Probability of scoring over 7 = Probability of scoring exactly 7 = Probability of scoring under 7 = If you always bet on the same region, how much would you expect to win if you play 36 times? What does that tell you about the game? Overs and Unders – the chances 12

13 If you always bet on the same region, how much would you expect to win if you play 36 times? Probability of scoring over 7 = Probability of scoring exactly 7 = Probability of scoring under 7 = What does that tell you about the game? Overs and Unders – the winnings Profit/ loss Expected winnings 13

14 If you always bet on the same region, how much would you expect to win if you play 36 times? Probability of scoring over 7 = Probability of scoring exactly 7 = Probability of scoring under 7 = What does that tell you about the game? Overs and Unders – the winnings Profit / loss Expected winnings 14

15 It’s your Choice – the theory +112333 1223 1 2 3 3 3 Complete the table 15

16 It’s your Choice – the chances P(2) = P(3) = P(4) = P(5) = P(6) = 16 If you always bet on the same number, how much would you expect to win if you play 36 times? What does that tell you about the game?

17 If you always bet on the same number, how much would you expect to win if you play 36 times? P(2) = P(3) = P(4) = P(5) = P(6) = It’s your Choice – the chances Profit/lossExpected winnings 17

18 If you always bet on the same number, how much would you expect to win if you play 36 times? P(2) = P(3) = P(4) = P(5) = P(6) = It’s your Choice – the chances Profit/lossExpected winnings 18

19 Roulette – the bets NameCoveragePay out AStraight up1 number36 BSplit2 numbers18 CCorner4 numbers9 DStreet3 numbers12 ESix line6 numbers6 FDozens12 numbers3 GColumns 12 numbers3 HEven chances Red or black Odd or even High or low 2 If you always bet on the same number, how much would you expect to win if you play 36 times? What does that tell you about the game? 19

20 Roulette – the chances of winning NameCoveragePay outChances AStraight up1 number36 BSplit2 numbers18 CCorner4 numbers9 DStreet3 numbers12 ESix line6 numbers6 FDozens12 numbers3 GColumns 12 numbers3 HEven chances Red or black Odd or even High or low 2 20

21 Roulette – the bets NameCoveragePay outChances AStraight up1 number361/37 BSplit2 numbers182/37 CCorner4 numbers94/37 DStreet3 numbers123/37 ESix line6 numbers66/37 FDozens12 numbers312/37 GColumns 12 numbers312/37 HEven chances Red or black Odd or even High or low 218/37 If you always bet on the same number, how much would you expect to win if you play 37 times? What does that tell you about the game? 21

22 Core Maths Support Programme 60 Queens Road Reading RG1 4BS E-mail cmsp@cfbt.com Call 0118 902 1243


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