Saturday, May 06, 2006

It is belief that persistence leads to success sometimes. It is never true for gambling and games of chance in general. Actually, in gambling persistence leads to inevitable bankruptcy. It is a game of probability. Theory of probability is the underlying theory for all games of chance. In short and without difficult math it is explained below. One of the important steps needed to make when considering the probability of two or more events occurring. It Is to decide whether they are independent or related events. Read further...