I think this is what statistics is truly for.
gambling
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Using statistical models to win almost $1B in horse-race gambling
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Texas hold ’em win probabilities
Software engineer Chris Beaumont visualized the strength of opponent hands in Texas hold…
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Gambler’s perspective on sports team win probabilities
Michael Beuoy’s win probability model plotted on FiveThirtyEight starts all NBA teams at…
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Gambling data as a proxy for excitement in sports
After he noticed gambling odds fluctuate wildly at the end of a football…
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Odds of a perfect NCAA March Madness bracket
Math professor Jeff Bergen explains the odds of picking a perfect bracket.…
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Odds of losing in roulette
Jay Jacobs has some fun with roulette simulations and explores the odds of…
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Statistics for gambling
Statistics isn’t just for finding out how our world works and how companies…