14.11.2012 Views

Poker Math That Matters

Poker Math That Matters

Poker Math That Matters

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

24<br />

outcomes for our roll. There is only one 5 on the die, so the top<br />

number is a one. The probability of us rolling a 5 is 1<br />

6 .<br />

Now let’s see at how to express probability as a percentage. A<br />

percentage is stating the same thing as a fraction. The key to<br />

understanding what a percentage is all about is to understand the<br />

origin and meaning of this word. English has this word from the<br />

Latin phrase “per centum” which means “by the hundred”. So,<br />

100 is the key. When we use a percentage, we’re talking about a<br />

fraction where the bottom number is always 100. When you say<br />

25%, it means 25 per 100, which is the fraction 25<br />

. So, 50% is<br />

100<br />

the same as saying 50 out of 100.<br />

Let’s look at how to convert a fraction to a percentage. We’ll<br />

use the fraction 1<br />

. The line between the two numbers represents<br />

4<br />

division. So, this is one divided by four. When we take a<br />

calculator and do one divided by four, our calculator reads 0.25.<br />

This is a decimal. In order to convert a decimal to a percentage,<br />

we move the decimal point two numbers to the right. So, 0.25 is<br />

25%. All these numbers represent the same thing.<br />

1<br />

4<br />

= 0.25 = 25%<br />

They all represent the same part of a whole.<br />

Let’s do one more for good measure. This time let’s use the die<br />

example again. The probability of rolling a five is 1<br />

. Let’s<br />

6<br />

convert this to percentage.<br />

1 / 6 = 0.166<br />

We move the decimal point two places to the right and we have<br />

16.6%.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!