Simulation In Casino Gambling
Use of Simulation in Casino Gambling
With all the hype in gambling these days and especially the television coverage of Texas ?Hold?em? Tournaments, you often wonder whether all the top players are lucky or they have some certain advantage over the other. Some people call it counting cards, some even call it cheating, but when you think about it, the game is just a simulation which the good players can do in their heads. The use of simulation can be incorporated with many aspects of the casino; poker, blackjack, roulette, craps, and even slot machines all can be simulated.
Poker
When watching the world series of poker you notice all of the percentages flashing up by the person?s hand. That little percentage is the probability of winning the hand. It is done by a computer simulation in which it analyzes what hands have been played and what cards are left. The simulation isn?t perfect due to a few things:
? Imperfect knowledge is that the Opponent?s hands are hidden.
? Multiple competing factors are the many different competing players.
? The risk is the bets and their consequences.
? The deception of the other players bluffing.
Many of the uncertainty can be taken into account
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