The resource consists of activities about mathematics and probability. Students learn about the history of gambling and the risk applied to the lotto, instant scratch-offs, roulette, and poker machines.

This article by a statistician explains the difference between probability and odds, the use of fractional odds in a gambling context, how odds ratios are used, and why they are used instead of risk/probability ratios.

This lesson focuses on the probability and casino games such as Roulette which consists of a wheel with the numbers from 1 to 36 colored in red and black, as well as a green 0. A ball rolls around the outside and randomly lands on one of...

This interesting article explains gambling (both horse racing and casinos) in terms of probability. It takes a common sense approach, instead of a mathematical approach, to the topic.

In this lesson, students will explore the mathematical probabilities involved in gambling and how these factors affect people's behavior.

Based off of the hit television show NUMB3RS, this lesson explores a little probability in the world of the card game Blackjack. While gambling is not mentioned or used in the lesson, students do find the probability of attaining a...