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Talk

How to be a Winner: The maths of race fixing and money laundering

Professor John D Barrow FRS · Gresham College

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About

How does maths shed light on the fixing of horse races? Why disabling the favourite is the best strategy to ensure a winning return. We will find the simple condition that the odds must obey in order that you can always have a winning return no matter what the outcome of the race. How this knowledge seems to have been used by criminal organisations to launder money. How to ensure a game is fair even though the gaming device is not. The remarkable counter-intuitive 3-box problem first used on a German TV game show.

The talk

  1. How to be a Winner: The maths of race fixing and money laundering 2009-03-03 · YouTube

Credits and licence

Institution
Gresham College
Speaker
Professor John D Barrow FRS
Year
2009
Level
For everyone
Language
English
Subjects
Mathematics
Source
Gresham College
Licence
Educational use (Gresham College's terms), as Gresham College states it. Gresham College's terms
Attribution
Gresham College states: "We positively encourage the use of the Gresham College lecture transcripts, audio and video files for educational purposes. However, we do not allow use of Gresham College materials for commercial, personal or institutional gain."
Who can watch
Gresham College gives no rating. Invisible Network shows it to Teens profiles and older, judged from what the source says about it. How courses are placed