Game theory is the mathematical study of games that goes beyond the theory of probability to include the behaviour of other players. But most of the time, gamblers do not pay strict attention to probability let alone other more complex mathematical considerations. Despite knowing that the odds are stacked against us, and our money likely lost, we continue to gamble for our own individual reasons. Michael Jordan once said, “I want people to understand, gambling is not a bad thing if you do it within the framework of what it’s meant to be, which is fun and entertaining.”