QUANTITATIVE METHODS AND APPLICATIONS

IN CASINO GAMES (GAM 470)

Syllabus

Professor: Michael Shackleford, A.S.A.

Phone: 702-804-0015

Email: professor@gamingmath.com

Web site: www.mathproblems.info/unlv

Office: Book & Bean

Office Hours: Tuesdays 6:00-6:50 PM

Class Schedule: Tuesdays 7:00-9:45PM

Class Meeting Room: BEH 240

Course Description:

Develops the techniques and methods for computing the probabilities,
expected values, and house percentages of casino games and analyzes the
effects of changes in playing rules and payoff odds. Prereqs: ECON 261 or
STA 101.

Course Objectives:

 

Recommended Course Text:

None

Course Grading

Homework 10%

Exam #1 25%

Exam #2 25%

Final 40%

Grading Scale

A

=

93-100%

A-

=

90-92%

B+

=

87-89%

B

=

83-86%

B-

=

80-82%

C+

=

77-79%

C

=

73-76%

C-

=

70-72%

D+

=

67-69%

D

=

63-67%

D-

=

60-62%

F

=

Below 60

Religious Holidays

The UNLV course catalog states:

"Any student missing class quizzes, exams or any other class or lab work because of observance of religious holidays shall be given an opportunity during that semester to make up missed work. The make up will apply to religious holiday absence only." It shall be the responsibility of the student to notify the instructor of their intention to participate in religious holidays that do not fall on state holidays or period of class recess.

Academic Integrity

Cheating in any manner will not be tolerated. Any student involved in academic dishonesty will receive a zero for the assignment or test for the first instance. Any further instances of academic dishonesty will result in a failing grade for the course. Cheating includes copying computer projects, exams, quizzes and group work on individual projects. The student that allows his/her work to be copied or does work for another individual will be subject to the same penalty.

Late Assignments

All assignments are due at the beginning of the class period. Late assignments will only be accepted for documented university sponsored trips, documented medical reasons or a documented family emergency. Always make a second copy of your assignment to keep for your personal records.

Tests

Tests are only given on the day scheduled. If you have to miss an exam you will need a documented event listed in the previous paragraph to make it up. If you do not have a documented reason you can make up the points by writing a 5 page paper on a topic determined by the instructor. The paper should be double spaced, 12 point font, with one inch margins on all sides. You must have 2 references per page (10 different references) and no more than 5 can be Internet or web site references. It is due one week after the missed test. You must also turn in a copy of ALL the sources and references that you used.

Disability Resource Center

If you have a documented disability that may require assistance, you will need to go to the Disability Resource Center (DRC) for coordination of your academic accommodations. The DRC is located in the Reynolds Student Services Building Room 137. The phone is 895-0866, TDD is 895-0652 and the e-mail address is drcssc@ccmail.nevada.edu.

 

 

Schedule

Following is the tentative course schedule, and is subject to change.

Date

Topic

Jan 18

Diagnostic test, review of answers

Jan 25

Terminology, sic bo, roulette

Feb 1

Craps

Feb 8

Slot machines (part 1)

Feb 15

Slot machines (part 2)

Feb 22

Exam #1, review of answers

Mar 1

Poker

Mar 8

Keno

Mar 15

Blackjack side bets (part 1)

Mar 22

Spring break

Mar 29

Blackjack side bets (part 2)

Apr 5

Exam #2, review of answers

Apr 12

Sports betting

Apr 19

Racetrack betting

Apr 26

Chi-squared distribution

May 2

Normal distribution

May 10

Final (8:10 PM)