Albion College LA 101-03:
Chance
Fall 02008
Home Page
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"You prepare yourself to win. You prepare yourself for the possibility that you won't win. You don't really prepare yourself for the possibility that you flip the coin in the air and it lands on its edge and you get neither outcome."--Al Gore, November 02000. |
Schedule of reading assignments
Homework schedule Updated 2 September 02008
Link to the 02003 Jackson Citizen-Patriot article about Professor Mark Bollman-->'s calculator collection.
Michigan State Lottery home page.
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Chance Photo Pages |
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I Ching Experiment--Added 27 August 02008. |
A Question Of Flippos--Added 27 August 02008. |
One of the topics we study in Chance is casino gambling--it's an excellent source of examples, and an issue of some importance these days. Toward that end, we have acquired a Double Diamond slot machine, manufactured by International Gaming Technologies. It makes a classroom appearance each November, and gets considerable play from visitors to my office. While the machine's top payoff is 2500 quarters ($625), the top prize won so far (recorded on Saturday, 3 September 02005) is 110 coins ($27.50), on two separate pay lines:
Line 2 paid 100 (25 × 4, with the multiplier arising from two Double Diamond logos which function as wild cards as well as multipliers), and line 3 kicked in for an additional 10 (5 for 3 bars, multiplied by two for the other Double Diamond logo).
The opinions expressed in this page/section are strictly those of the page's author/creator. The contents of this page/section have not been reviewed or approved by Albion College.
Last revision: 2 September 02008.
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