Student IB Exploration Ideas: These are the topics expected winnings? The math behind card counting strategies in blackjack and why they work. Games.

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IB maths exploration (IA) ideas, IB Maths videos Blackjack players can achieve positive EV by counting cards (not allowed in casinos) β and.

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Thus to solve this exploration-exploitation dilemma, we'll use Ξ΅-greedy policy i.e. we'll explore, take a random action with probability 'Ξ΅' (epsilon).

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Dealing blackjack at home - Ib math exploration blackjack - St louis river city casino. Black bear casino shows beginning experience leaders.

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I would suggest you take a look at some of the old math IA's and try to do some of the last questions in each of them. Those actually require quite a bit of.

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Student IB Exploration Ideas: These are the topics expected winnings? The math behind card counting strategies in blackjack and why they work. Games.

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IB maths exploration (IA) ideas, IB Maths videos Blackjack players can achieve positive EV by counting cards (not allowed in casinos) β and.

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Learning the mathematics behind blackjack isn't overly complicated. Understanding the core blackjack math principles is essential to card counting.

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IB maths exploration (IA) ideas, IB Maths videos Blackjack players can achieve positive EV by counting cards (not allowed in casinos) β and.

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PDF | Cognitive models of blackjack playing are presented and investigated. by researchers in mathematics and AI, who were either interested in optimal exploration in the beginning of learning (i.e. choosing actions at.

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What I like about this is that you are given a difficulty rating, as well as a mark scheme and also a worked video tutorial. Blackjack players can achieve positive EV by counting cards not allowed in casinos β and so casino bosses will actually monitor the long term fortunes of players to see who may be using this technique. Tag Archive. We can change the rules of the game to see how this affects the strategy. Algebra, Calculus etc and each area then has a number of graded questions. Website Stats 7,, views. Maths is integral to all forms of gambling β the bookmakers and casino owners work out the Expected Value EV for every bet that a gambler makes. As explained by John Billingham in the PlusMaths article, when considering this topic it helps to really simplify things first. Ben Eastaugh and Chris Sternal-Johnson. A comprehensive 70 page pdf guide to help you get excellent marks on your maths investigation. Post to Cancel.{/INSERTKEYS}{/PARAGRAPH} You would probably expect that there is no underlying mathematical strategy for good bluffing in poker β indeed that a good bluffing strategy would be completely random so that other players are unable to spot when a bluff occurs. The question is what value of b Player 1 bluff should be chosen by Player 1 to maximise his earnings? This tree diagram represents all the possible outcomes of the game. The answer β that this short clip was taken from 9 hours of solid filming is quite illuminating about our susceptibility to be manipulated with probability and statistics. An investigation into the finances of Premier League clubs. An Ace will always win a showdown, and a Queen always lose β but if you have a Queen and bet, then your opponent who may only have a King might decide to fold thinking you actually have an Ace. This can be calculated using Wolfram Alpha. Player 2 will always win with an Ace. Exploration Guide. If you liked this post you might also like: Does it Pay to be Nice? Represented with a probability of c on the tree diagram. The classic example for this is the gambler who watches a run of 9 blacks on a roulette wheel with only red and black, and rushes to place all his money on red. In fact the optimal strategy makes use of Game Theory β which can mathematically work out exactly how often you should bluff:. Includes how to choose a topic, over 70 topic ideas, marking criteria guidance, Pearson's Product method, common students mistakes, in-depth topic examples and much more! Both tickets have exactly the same probability of winning about 1 in 14 million in the UK β but both have very different EV. Say 2 people both enter the lottery β one chooses 1,2,3,4,5,6 and the other a randomly chosen combination. However it turns out that this is not the case. So whilst both tickets are equally likely to win, the random combination still has an EV 10, times higher than the consecutive numbers. Filmed under controlled conditions with no camera trickery he is still able to toss a coin 10 times and get heads each time. This topic shows the power of mathematics in solving real world problems β and combines a wide variety of ideas and methods β probability, Game Theory, calculus, psychology and graphical analysis. So rather than a full poker game we instead consider a game with only 2 players and only 3 cards in the deck 1 Ace, 1 King, 1 Queen. Represented with a probability of b on the tree diagram 2 Should Player 2 call with a King? {PARAGRAPH}{INSERTKEYS}This post is based on the fantastic PlusMaths article on bluffing β which is a great introduction to this topic. The randomly chosen combination will likely be the only such combination chosen β whereas a staggering 10, people choose 1,2,3,4,5,6 each week. How understanding mathematics helps us understand human behaviour. So, the only decisions the game boils down to are: 1 Should Player 1 bluff with a Queen? This is the misconception that prior outcomes will have an effect on subsequent independent events. If you were betting on the toss of a coin, the over the long run you would expect to win nothing and lose nothing. In fact the optimal strategy makes use of Game Theory β which can mathematically work out exactly how often you should bluff: This tree diagram represents all the possible outcomes of the game. So, given this game what should the optimal strategy be for Player 1? Deviation away from this stationary point by one player allows the other player to increase their Expected Value. Understanding expected value also helps maximise winnings. On a game like roulette with 18 red, 18 black and 2 green, we can work out the EV as follows:. At the saddle point we have what is known in Game Theory as a Nash equilibrium β it represents the best possible strategy for both players. Subscribe to feed. Does it Pay to be Nice? The Questionbank takes you to a breakdown of each main subject area e. For this equation we find the partial derivative with respect to x which simply means differentiating with respect to x and treating y as a constant :. Expected value can be used by gamblers to work out which games are most balanced in their favour β and in games of skill like poker, top players will have positive EV from every hand. If the bets are matched then the cards are turned over and the highest card wins. Blog at WordPress. This means both cards are turned over and the highest card wins. Really useful! We can arrive at the same conclusion using calculus β and partial derivatives. In a purely fair game where both outcome was equally likely like tossing a coin the EV would be 0. I would really recommend everyone making use of this β there is a mixture of a lot of free content as well as premium content so have a look and see what you think. The question is, how is this possible?