Expected Value of an Outcome 

Expected value is an estimate of how much a player can expect to win or lose when placing the same bet over and over again. 

Gambling and the Odds 

Mathematics explains why casinos and lotteries make money. Math also enables players to make bets based on probability and numbers. 

Knowledgeable Gambling: Independent vs Dependent Events 

Math allows players to make knowledgeable bets when playing games of dependent events, such as Poker or Blackjack. Independent events remind gamblers that there is no guarantee of winning. 
