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Odds of winning. 1 in 30 [1] Klondike is a card game for one player and the best known and most popular version of the patience or solitaire family, [2] as well as one of the most challenging in widespread play. [3] It has spawned numerous variants including Batsford, Easthaven, King Albert, Thumb and Pouch, Somerset or Usk and Whitehead, as ...
Problem of points. The problem of points, also called the problem of division of the stakes, is a classical problem in probability theory. One of the famous problems that motivated the beginnings of modern probability theory in the 17th century, it led Blaise Pascal to the first explicit reasoning about what today is known as an expected value.
Lottery paradox. The lottery paradox[1] arises from Henry E. Kyburg Jr. considering a fair 1,000-ticket lottery that has exactly one winning ticket. If that much is known about the execution of the lottery, it is then rational to accept that some ticket will win. Suppose that an event is considered "very likely" only if the probability of it ...
The Keys to the White House, also known as the 13 Keys, is a prediction system for determining the outcome of presidential elections in the United States.It was developed by American historian Allan Lichtman and Russian geophysicist Vladimir Keilis-Borok in 1981, adapting unproven prediction methods [1] that Keilis-Borok designed for earthquake prediction.
The section entitled "Probability of winning" is highly problematic. For a start it is not comparing like with like. It opens by quoting the "1 in 30" probability that we now know refers to the classic form of Klondike where the stock is dealt singly and there is one pass with no other privileges.
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The St. Petersburg paradox or St. Petersburg lottery[1] is a paradox involving the game of flipping a coin where the expected payoff of the lottery game is infinite but nevertheless seems to be worth only a very small amount to the participants. The St. Petersburg paradox is a situation where a naïve decision criterion that takes only the ...