I'm not trained in math but I have gotten introduced to combinatorics in the last few months in the context of the study of GTO poker.
This post makes a friendly connection between the formula and real life application.
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Oh yea. I need to do some studying for poker GT as well. I just went to the dog track the other day... Had 2 clubs in hand, Jack 10. 3 clubs on the flop. Another club on the turn. Other guy had the ace. I may have been able to bet him out early, but I doubt it.