First Blog

Said the upstanding  citizen to the professional gambler, "You are a moral disgrace to all our decent citizenry."  Said the gambler, "Sir, while what you say may be true, I do much good by serving as the instrument of morality to punish many of your other upstanding citizens who stray from their moral heights."

Let's Play Roulette - Just for Fun June 14, 2012 The other day it occurred to me I could double my money at Roulette if only I was willing to play a large enough numbers of times, even with possible losses building up before the ultimate win.   So, I decided to try this by simulation. Here’s the game.   You have a table with 36 number slots, half red and half black with two additional green slots, zero and double zero.   This gives a total of 38 possible outcomes for American roulette.   The table is circular, something like a bowl. A steel marble is sent a spinning in one direction and the table is sent spinning in the opposite direction.   When everything slows down, the marble settles into one of the slots.   That number pertaining to this slot is the winner.    You can bet on any number, or perhaps bet a red or black number will come up. In our game we will always play red. The payoff for any number is 36:1, and the payoff for red is your bet, 1:1.     We always bet