Probabilities are omnipresent in our day-to-day lives. However, most daily situations have dependencies, making the likelihood of events hard to estimate. Games of chance are different. Not only are the rules explicit, allowing for a clear measurement of likelihoods, they are also repeatable, making them a great case study for anyone interested in probabilities.

A game of chance you might be familiar with is roulette, which we will be using to display the power of the Fibonacci sequence in comparison to the Martingale. For the purpose of this case study, we will be working with the French roulette as it…

Peter Puszko

Understanding the World through numbers | Senior Consultant — Omnia AI

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