Carleton University · MATH 3808

Mathematical Analyses of Games of Chance

Credits : 0.5 creditReference year : 2026-27

Description

This course covers mathematics used in the modern casino gaming industry. The topics include probabilities, odds, house advantages, variance and risks, optimal strategies, random walks and gambler's ruin, and gaming revenue estimation. Examples are taken from various games such as Roulette, Blackjack, and Poker.

Prerequisites

  • Prerequisite(s): one of STAT 2655 , STAT 2605 , STAT 2507 , STAT 2606, STAT 3502 , or MATH 3825 or MATH 3855 .

Conditions and arrangements

  • Prerequisite(s): one of STAT 2655 , STAT 2605 , STAT 2507 , STAT 2606, STAT 3502 , or MATH 3825 or MATH 3855 .
  • Lectures three hours a week, tutorial one hour a week.
Reference text in its original language

This course covers mathematics used in the modern casino gaming industry. The topics include probabilities, odds, house advantages, variance and risks, optimal strategies, random walks and gambler's ruin, and gaming revenue estimation. Examples are taken from various games such as Roulette, Blackjack, and Poker.

  • Prerequisite(s): one of STAT 2655 , STAT 2605 , STAT 2507 , STAT 2606, STAT 3502 , or MATH 3825 or MATH 3855 .
  • Lectures three hours a week, tutorial one hour a week.

Sources and references

Dates and sources are retained to help you verify the information. Translations are provided to facilitate reading; the official source governs conditions and requirements.

Source reference : https://calendar.carleton.ca/undergrad/courses/MATH/

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