Probability theory is the likelihood of a certain event or outcome of the event, to understand probability one needs to understand risk and the associated risk that is implied within the outcome. In academic realms probability theory is a branch of mathematics concerned with the analysis of sporadically charged phenomenon.
The very reason why probability, much like betting and casino games, have always captured the imagination of the public is due to the fact that no random event or action can be predicted before it happens. With more than one possible outcome, the outcome itself is left completely up to chance. Continue reading “Wondering How To Make Your Probability Theory Explained Games Rock?”