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Related Concept Videos

Bias01:22

Bias

Bias refers to any tendency that prevents a question from being considered unprejudiced. In research, bias occurs when one outcome or answer is selected or encouraged over others in sampling or testing. Bias can occur during any research phase, including study design, data collection, analysis, and publication.
In statistics, a sampling bias is created when a sample is collected from a population, and some members of the population are not as likely to be chosen as others (remember, each member...
Expected Value01:15

Expected Value

The expected value is known as the "long-term" average or mean. This means that over the long term of experimenting over and over, you would expect this average. The expected average is represented by the symbol μ. It is calculated as follows:In the equation, x is an event, and P(x) is the probability of the event occurring.The expected value has practical applications in decision theory.This text is adapted from Openstax, Introductory Statistics, Section 4.2 Mean or Expected Value and...
Random Variables01:09

Random Variables

A random variable is a single numerical value that indicates the outcome of a procedure. The concept of random variables is fundamental to the probability theory and was introduced by a Russian mathematician, Pafnuty Chebyshev, in the mid-nineteenth century.
Uppercase letters such as X or Y denote a random variable. Lowercase letters like x or y denote the value of a random variable. If X is a random variable, then X is written in words, and x is given as a number.
For example, let X = the...
Hindsight Biases01:12

Hindsight Biases

Hindsight bias leads you to believe that the event you just experienced was predictable, even though it really wasn’t. In other words, you knew all along that things would turn out the way they did. Can you relate this to the phrase "Hindsight is 20/20" now?
Determination of Expected Frequency01:08

Determination of Expected Frequency

Suppose one wants to test independence between the two variables of a contingency table. The values in the table constitute the observed frequencies of the dataset. But how does one determine the expected frequency of the dataset? One of the important assumptions is that the two variables are independent, which means the variables do not influence each other. For independent variables, the statistical probability of any event involving both variables is calculated by multiplying the individual...
Predicting Reaction Outcomes02:24

Predicting Reaction Outcomes

Kinetics describes the rate and path by which a reaction occurs. In contrast, thermodynamics deals with state functions and describes the properties, behavior, and components of a system. It is not concerned with the path taken by the process and cannot address the rate at which a reaction occurs. Although it does provide information about what can happen during a reaction process, it does not describe the detailed steps of what appears on an atomic or a molecular level. On the other hand,...

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Related Experiment Video

Updated: May 18, 2026

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
13:04

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods

Published on: September 19, 2012

Predicting the outcome of roulette.

Michael Small1, Chi Kong Tse

  • 1School of Mathematics and Statistics, The University of Western Australia, Perth, Australia. michael.small@uwa.edu.au

Chaos (Woodbury, N.Y.)
|October 2, 2012
PubMed
Summary

Exploiting the deterministic nature of roulette is possible. Simple physics models and measurement systems can predict outcomes, yielding significant profit potential beyond random chance.

Area of Science:

  • Physics
  • Applied Mathematics
  • Game Theory

Background:

  • The deterministic nature of roulette has long been recognized, attracting interest from chaos theory.
  • Previous attempts to exploit roulette physics for profit have been reported.
  • Understanding the physics of roulette is key to predicting outcomes.

Purpose of the Study:

  • To determine the extent to which roulette's deterministic nature can be exploited for profit.
  • To model the motion of a roulette wheel and ball to predict outcomes.
  • To develop physically realizable systems for in-situ measurement of key parameters.

Main Methods:

  • Developed a simple physical model for roulette wheel and ball dynamics.
  • Designed two systems to measure initial position, velocity, and acceleration.

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  • Applied measurement techniques to a European roulette wheel.
  • Analyzed data for systematic biases and exploitable patterns.
  • Main Results:

    • Knowledge of initial conditions allows prediction with sufficient certainty for positive expected return.
    • A mechanical rotation-counting system demonstrated an expected return of at least 18%.
    • A camera-based system revealed statistically significant biases, improving outcome prediction.
    • Even slight table inclines create exploitable biases.

    Conclusions:

    • The deterministic nature of roulette can be reliably exploited for profit.
    • Physically realizable systems can achieve significant positive expected returns.
    • Roulette physics presents exploitable biases, particularly with table imperfections.