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The Bill Spiner: Carnival Game of Probability

The Bill Spiner project involves a spinner with holes, each with a unique price. Players can bet a minimum of $5 to receive a token and place it in a tube to land on specific holes to win prizes or lose. Game rules include adjusting bet amounts and token placement rules. The game features 4 small, 8 medium, and 16 big holes with various win probabilities. Theoretical probabilities and experimental results illustrate the chances of winning or losing money. The project highlights the concept of probability in carnival games and the profit earned by the school running them.

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The Bill Spiner: Carnival Game of Probability

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  1. Thebillspiner. By: Sebastian Arteaga and Martin Restrepo.

  2. Whatisthisprojectabout? • Thisprojectisabout a spinerthat has holes at theends, theholes are of diferent sises and each has a specialpriceyou can playpayingminimum 5 dollars, whenyoupayyouwillget a tokenthattellswhatyoubet. Youthroughthetoken in a tubethatwouldtakethetokentothespiner and thenthetokenwilllandontheholesspecificholeshavespecificprices, in someyouwillwinor lose.

  3. Game Rules • in thisgametheholes can increaseordeacreseyourbet. In thisoneyouwinthefour times of whatyoubet. In thisoneyouwinwhatyoubet. youwillpay 1 extra dollar.

  4. Game Rules • Youneedtopay 5 dollarstoplaythegamemax 10 dollars. • Youcan´tsteelthetokens. • You do notcomplainifyou lose. • Youhavetogetthetoken in one of thethreeholes, in ordertowinsomething. • Putthetokenthroughthetubetogetpoints and win money. • Themoneyyoubetneedsto be yours.

  5. Gamespesification • Thisgames has 4 littleones8 mediumones and 16 bigones. • TheoricalProbabilitys • youhave 4/28 of losing 20 dollars. (schoolprofit) • youhave 8/28 of stayingequal. (schoolprofit) • youhave 16/28 of wining 6 dollars. (schoolprofit) • Theschool has 57,14% of wining, 28,57% of stayingequal and 14,29% of lossing. • Ifthetheoricalprobabilityiscorrectyou can losse 80 dollarsbutwin 96 dollarsifallholesgetpassthrough(betting5 dollars in all).

  6. GameSpecifications • Experimental probability. (30 throughsbetting 5 dollars) • Medium passedthrough: 6 times. • Small passedthrough: 4 times. • Big onepassedthrough: 20 times.

  7. Conclusion • Welearnedthatcarnivalgames are bassedonprobability and thatthere can be enykind of carnivalgame and that in allthegameownermakesthemoney.

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