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Of what use is probability determination in (1) card playing, (2) other gaming or gambling, or (3) lottery draws? Are deciding with the odds worth the risk to a certain point? Are deciding against t

Of what use is probability determination in (1) card playing, (2) other gaming or gambling, or (3) lottery draws?  Are deciding with the odds worth the risk to a certain point?  Are deciding against the odds worth the risk?

200-300 words only

Render, B., Stair, R. M., Jr., Hanna, M. E., & Hale, T. S. (2015). Quantitative analysis for management (12th ed.). Upper Saddle River, NJ: Pearson.

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