Questions about probabilistic game mechanics and how to calculate and estimate random events, as well as how probability affects games and gameplay.

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Why is 'equity' much more commonly used than 'winning probability'? What is the mathematical formula that links 'equity" and 'winning probability'?

In backgammon, people always speak about 'equity', but never about 'winning probability'. To me, 'winning probability' seems much more simple and much more intuitive than 'equity'. So why is 'equity' ...
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Deriving statistics from original card games

I have drafted a game that uses a French Deck with 52 cards, 4 suites (diamonds, clubs, hearts, spades), and no jokers. I'm interested in profiling game play along a few axes: How many turns are ...