MATHEMATICS OF POKER

INTRODUCTION TO PROBABILITY AND STATISTICS

Most mathematical analyses of Holdem are based on theories of probability and statistical computation.

Probability and statistics are not the same topics, although they are closely related.

Probability is devoted to the description of the theoretical outcomes from random events.

Statistics is devoted to the description of actual, observed outcomes from random events.

There are other ways to distinguish between probability and statistics, and the one I’ve chosen may seem somewhat subtle, but it works well enough for our purposes.

Probability is about theoretical outcomes whereas statistics is about observed outcomes.

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