IIT-alumnus develops software to help fight online fraud
“If you are predictable, you can be exploited. Strong players try not to be predictable”
London, Mar 6 : An IIT Kharagpur alumna and his colleague have designed a new software that can help stem fraud against poker websites, by doing what poker players wish they could - monitor an opponent’s … via Newkerala.com
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Interesting gambling facts:
- 1926: Las Vegas gets a regular air service. Western Air Express flies between Las Vegas and Salt Lake City. The airfield later becomes the site for the famous Sahara and Hilton hotels.
1931: Gambling is legalized in Nevada on March 19. Construction begins on the long awaited Hoover Dam. - The most popular forms of illegal games are "numbers", which is essentially a lottery, and betting with bookies, typically sports betting.
- French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.
- By the 1370s, playing cards had reached Europe in a form that is recognizable today, with a pack consisting of 52 cards with suits of swords, polo-sticks, cups and coins.
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