GAME OF CHANCE: HOW RANDOM IS RANDOM?
Randomness is a friend of the house of chance, but an enmity of the bettors. Why is that so? It is because randomness cannot be controlled, planned, or even predicted for it is a result of the combination of uncertainty and complexity. The games of chance are best examples of devised randomness.
The Degree of Uncertainty
Uncertainties is part of the real world. It simply means that the exact values of all variables cannot be determined with absolute precision. For this reason, uncertainties are part in every measurement in the physical, chemical, and even in the cyberworld, especially in the game of chance. Betting can only be understood if the players are aware of the mathematical theories behind it particularly probability and randomness aside from mastering the established rules of the games. According to Neil deGrasse Tyson, “Math is the language of the universe. So, the more equations you know, the more you can converse with the cosmos.” In winning a bet, knowing a lot of math equations is not as useful as having an in-depth understanding about the theories behind it.
Complexities of Events
Complexities also known as non-linear relationships typify the connection between two entities in which the amount of change in another variable does not correspond to the change with the other. It means that a small change in initial step can have a huge or extra smaller difference in the outcome which is affected by many factors. The overall effects these factors contribute to the small changes in a complex system called chaos. In the real world, all true random events are results of chaos. But sometimes this randomness appears to have a pattern, this is the reason why the concept is employed in the game of chance. It creates anticipation to the bettors.
Random Events
The best examples of random games are dice, roulette, bingo, lotteries, and cards with roulette having the most efficient randomizer. All of the uncertainties and complexities that affected the randomness of these games are influenced by the physical factors such as the weight and shape of the dice, the speed of the roulette wheel, the shuffling and cutting of the decks, etc.
To convert these games to its virtual forms, betting devices with high efficiency in maximizing uncertainty should be used which are commonly seen in the gaming houses. For online betting games, random number generator (RNG) were employed to ensure equality in the gameplay among the players.
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