Mathematics Colloquia and Seminars

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Information Theory and Gambling

Student-Run Applied & Math Seminar

Speaker: Nicholas Travers, UC Davis
Location: 2112 MSB
Start time: Wed, Oct 19 2011, 12:10PM

We will give a brief introduction to some of the basic quantities of information theory, then show how these quantities can be applied in analyzing ideal betting systems for a horse race. No background on information theory will be assumed.