Events: detail

How to be a winner: The maths of race fixing and money laundering

Hosted by:
Gresham College
Speaker:
John D Barrow FRS, Gresham Professor of Geometry
Starts:
March 03, 2009 at 01:00 pm
Ends:
March 03, 2009 at 02:00 pm
Location:
Royal College of Surgeons of England, Lincoln's Inn Fields, London, WC2A 3PE United Kingdom
Maps:

Description

How does maths shed light on the fixing of horse races? Why disabling the favourite is the best strategy to ensure a winning return. We will find the simple condition that the odds must obey in order that you may have a winning return no matter what the outcome of the race. How this knowledge seems to have been used by criminal organisations to launder money. How to ensure a game is fair even though the gaming device is not. The remarkable-counter intuitive 3-box problem first used in a German TV game show.

Registration required:
No
Free:
Yes

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Website:
How to be a winner: The maths of race fixing and money laundering

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