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Grade 7 | Unit 7.4 | Page 6
Unit 7.4
Transparency 1
Games of chance and games of skill
Which of the following games do you think involve lots of skill in determining
the outcome of the game, and which are purely a matter of chance?
Game Chance or skill?
Winning a game of snakes and ladders?
Winning the Lottery?
Winning the 100 metre sprint race?
Winning a game of poker?
Winning at a game of dice?
So, what makes winning some games a matter of skill and some a matter of
chance?
To bet on the outcome of a game is a form of risk-taking
because you are staking something of value (like money) on the chance of
receiving more than you originally staked. But, there is also a good chance
that you will lose your stake completely.
Some people (like Joe) believe that if you are a skilful gambler, or have
“inside information” that the probability of winning is higher. But even in
games of skill, you cannot be certain of the outcome.
Let's have a closer look at chance and uncertainty.

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7.4 trans 1

  • 1. Grade 7 | Unit 7.4 | Page 6 Unit 7.4 Transparency 1 Games of chance and games of skill Which of the following games do you think involve lots of skill in determining the outcome of the game, and which are purely a matter of chance? Game Chance or skill? Winning a game of snakes and ladders? Winning the Lottery? Winning the 100 metre sprint race? Winning a game of poker? Winning at a game of dice? So, what makes winning some games a matter of skill and some a matter of chance? To bet on the outcome of a game is a form of risk-taking because you are staking something of value (like money) on the chance of receiving more than you originally staked. But, there is also a good chance that you will lose your stake completely. Some people (like Joe) believe that if you are a skilful gambler, or have “inside information” that the probability of winning is higher. But even in games of skill, you cannot be certain of the outcome. Let's have a closer look at chance and uncertainty.