“Hold Only That Pair of 2s?” Studying a Video Poker Hand with R

Whenever I tell people in my family that I study Statistics, one of the first questions I get from laypeople is “do you count cards?” A blank look comes over their face when I say “no.”

Look, if I am at a casino, I am well aware that the odds are against me, so why even try to think that I can use statistics to make money in this way? Although I love numbers and math, the stuff flows through my brain all day long (and night long), every day. If the goal is to enjoy and have fun, I do not want to sit there crunching probability formulas in my head (yes that’s fun, but it is also work). So that leaves me at the video Poker machines enjoying the free drinks. Another positive about video Poker is that $20 can sometimes last a few hours. So it should be no surprise that I do not agree with using Poker to teach probability.  Poker is an extremely superficial way to introduce such a powerful tool and gives the impression that probability is a way to make a quick buck, rather than as an important tool in science and society. The only [...]