Abstract

Probability theory has long been applied in the world of gambling to help gamblers improve their chances of winning. This paper discusses the different ways that probability theory is utilized in various gambling games, including card games, roulette, and slot machines. The study explores the limitations of using probability theory in gambling and provides suggestions for further research in the field. This study highlights the importance of probability theory in gambling games, particularly in card games. The application of probability theory can assist players in making informed decisions and potentially increase their chances of winning. This paper also suggests that further research could explore the application of more advanced statistical methods and consider psychological factors that influence decision-making while gambling.

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