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Doubling Down – The Martingale System
We all know Christmas is an expensive time of the year, perhaps it is due to this that I have spent a little time looking into a gambling strategy, with the hope I can recoup all my expenditure from this period. I clearly must be desperate as this has lead me to look at a…
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Benford’s Law
Introduction Let’s speculate on a distribution involving the population of cities. We will look at only the first digit of the population size. So for example greater London has 9 million people living in it. the first digit is therefore 9. If we took the first digit of each capital city, how do we think…
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Is the Lottery Fair?
We all dream of winning the lottery and the life changing opportunities this would give us, the houses, cars and holidays. But how likely are you of winning the lottery if every number drawn is random? And how do we know it is a random chance? are there potentially exploits where some numbers are more…