DISCRETE RED-AND-BLACK WITH FORTUNE-DEPENDENT WIN PROBABILITIES

Authors
DUBINS LE
Citation
Le. Dubins, DISCRETE RED-AND-BLACK WITH FORTUNE-DEPENDENT WIN PROBABILITIES, Probability in the engineering and informational sciences, 12(4), 1998, pp. 417-424
Citations number
5
Categorie Soggetti
Statistic & Probability","Operatione Research & Management Science","Engineering, Industrial","Statistic & Probability","Operatione Research & Management Science
Journal title
Probability in the engineering and informational sciences → ACNP
ISSN journal
02699648
Volume
12
Issue
4
Year of publication
1998
Pages
417 - 424
Database
ISI
SICI code
0269-9648(1998)12:4<417:DRWFWP>2.0.ZU;2-I
Abstract
For discrete versions of red-and-black with a goal, for timid play to be optimal, it suffices, but is not necessary, that no win probability be less than one-half. A condition that is both necessary and suffici ent is provided.