Statistical Properties of Poker Tournaments

Clement Sire, a French physicist as well as a poker player, noticed some patterns about stack size and number of chip leaders while playing in online tournaments. via As I Please

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Sun, April 8th, 2007

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Gambling history facts:

  • Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
  • 1967: Elvis Presley marries Priscilla Anne Beaulieu on May 1 in the chapel of the Aladdin Hotel.
    1970: Binion's Horseshoe casino hosts the first World Series of Poker.
    1971: Female card dealers begin working on the Strip for the first time.
  • Riverboat Gaming Has Captured 20% of the Casino Market Share. Mississippi now has more gambling square footage than Atlantic City.
  • 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.