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The Birth of the "Modern" Ideas of Chance Occurred When

Question 48

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The birth of the "modern" ideas of chance occurred when a problem was posed to mathematician Blaisé Pascal by a frequent gambler.What was the problem? What was Pascal's approach to it?
The problem posed was: If two people are gambling and the game is interrupted and discontinued before either one of the two has won, what is a fair way to split the pot of money on the table? Clearly the person ahead at that time had a better chance of winning the game and should have gotten more.The player in the lead would receive the larger portion of the pot of money.However, the person losing could come from behind and win.It could happen and such a possibility should not be excluded.How should the pot be split fairly?

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Pascal formulated an approach to this pr...

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