Examples for

Gambling

Gambling is the wagering of money or items of value in games of chance or on the outcome of events by placing wagers on a specified outcome. Use Wolfram|Alpha to raise the stakes by computing and analyzing the chances of winning and the expected profit of bets made at specified odds against a range of house advantages.

Gambling

Analyze and compute the outcomes for various bets, wagers and odds.

Analyze a bet at specified odds:

Specify the amount of the wager:

Specify a house advantage: