The prison rule in roulette

Ulrich Dieter, Joachim Ahrens

Research output: Contribution to journal › Article › peer-review

Abstract

In many casinoes a bet on even money chances is not immediately lost when a zero falls. Instead, the stake is ‘imprisoned’, and the gambler has the options of demanding half his money back or letting the next spins of the wheel decide on the fate of the stake. These options are compared in respect to their winning probabilities by simple recursive methods.
Original languageEnglish
Pages (from-to)227-231
JournalMetrika
Volume31
Issue number1
DOIs
Publication statusPublished - 1984

Treatment code (Nähere Zuordnung)

  • Application

Access to Document

  • Random Number Generation

    Dieter, U. & Stadlober, E.

    1/01/95 → 31/12/05

    Project: Research area

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