I know very little about gambling. But these very literal “games of probability” make great examples for teaching statistics.
The law of large numbers states that the average of results obtained from trials becomes closer to the expected value as more trials are performed.
Take, for example, a roulette wheel, where it’s equally likely to spin any number between 0 and 36. The average spin tends toward 18 with more spins performed. In an online casino, the mechanics of the roulette wheel are simulated by software using random number generators (RNGs), ensuring that each spin is independent and fair, just like in a physical casino. However, players may notice that the outcomes in online versions can seem slightly different due to the randomness algorithm used by the casino platform. To ensure a fair and secure experience when playing online roulette, it’s important to verify the legitimacy of the casino platform through 먹튀에임.
Rather than spinning a roulette wheel hundreds of times, we can use Excel to simulate the results. That’s what I do in the below teaching guide and demo. You are free to use this in your teaching. And if you’re looking for a good online casino, you can check out these reviews of Bitstarz.
Download the exercise file here and follow along with the below assets. You can also print and follow along with the demo notes below.
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