Mathematics of Keno and Lotteries is an elementary treatment of the mathematics, primarily probability and simple combinatorics, involved in lotteries and keno. Keno has a long history as a high-advantage, high-payoff casino game, and state lottery games such as Powerball are mathematically similar. MKL also considers such lottery games as passive tickets, daily number drawings, and specialized games offered around the world. In addition, there is a section on financial mathematics that explains the connection between lump-sum lottery prizes (as with Powerball) and their multi-year annuity options. So-called "winning systems" for keno and lotteries are examined mathematically and their flaws identified.
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Limba Engleză ● Format PDF ● Pagini 338 ● ISBN 9781351756303 ● Editura CRC Press ● Publicat 2018 ● Descărcabil 3 ori ● Valută EUR ● ID 6564544 ● Protecție împotriva copiilor Adobe DRM
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