Skip to main content Accessibility help
×
Hostname: page-component-77c89778f8-swr86 Total loading time: 0 Render date: 2024-07-19T06:18:59.589Z Has data issue: false hasContentIssue false

10 - Projects to Ponder

Published online by Cambridge University Press:  17 August 2009

Steven S. Skiena
Affiliation:
State University of New York, Stony Brook
Get access

Summary

Mathematical modeling is a subject best appreciated by doing. The trick is finding an interesting type of prediction to make or question to study, and then identifying sufficient data to build a reasonable model upon. Even if you are not a computer programmer, spread-sheet programs such as Microsoft Excel can provide an excellent environment in which to experiment with mathematical models.

In this section, I pose several interesting questions to which the modeling techniques presented in this book may be applicable. To provide starting points, I include links to existing studies and data sets on the WWW. Web links are extremely perishable, so treat these only as an introduction. Any good search engine like www.google.com should help you find better sources after a few minutes' toil. Happy modeling!

Gambling

  • Lottery numbers – How random are lottery numbers? Do certain numbers in certain states come up more often than would be expected by chance? Can you predict which lotto combinations are typically underbet, meaning that they minimize the likelihood that you must share the pot with someone else if you win?. How large must pool size grow in a given progressive lottery to yield a positive expected value for each ticket bought?

  1. Plenty of lottery records are available on the WWW if you look hard enough. Log on to http://www.lottonet.com/ for several year's historical data from several state lotteries. Minnesota does a particularly good job, making its historical numbers available at http://www.lottery.state.mn.us.

  • Horse racing – Many of the ideas employed in our jai alai system are directly applicable to horse racing. […]

Type
Chapter
Information
Calculated Bets
Computers, Gambling, and Mathematical Modeling to Win
, pp. 209 - 214
Publisher: Cambridge University Press
Print publication year: 2001

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Projects to Ponder
  • Steven S. Skiena, State University of New York, Stony Brook
  • Book: Calculated Bets
  • Online publication: 17 August 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511547089.011
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Projects to Ponder
  • Steven S. Skiena, State University of New York, Stony Brook
  • Book: Calculated Bets
  • Online publication: 17 August 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511547089.011
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Projects to Ponder
  • Steven S. Skiena, State University of New York, Stony Brook
  • Book: Calculated Bets
  • Online publication: 17 August 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511547089.011
Available formats
×