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The Perils of Gambling

A talk on the maths behind chance for 5th-6th class with Dr Padraig Kirwan.
What
  • Location: Munster
  • Primary
When Oct 14, 2013
from 11:00 AM to 12:00 PM
Where Waterford
Attendees 5th-6th class by invitation only
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Many people enjoy a flutter on horses, cards or many other games of chance without any understanding of their chances of winning. Mathematics can be employed to help gamblers make better decisions on when and how much to bet. However, mathematics ultimately reveals that gambling is merely a form of wealth redistribution after the house or the bookie has taken their cut.

In this interactive talk Dr Padraig Kirwan will explain how the mathematics of probability has its origins in games of chance, how it can be used to dissuade people from gambling and how it has many useful applications in the worlds of science, business and engineering.
By invitation only.

 

 

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