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The prison rule in roulette (1984)

Dieter, U. ; Ahrens, J. H.

Springer

Metrika 31 (1984), S. 227-231

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ISSN: 1435-926X

Source: Springer Online Journal Archives 1860-2000

Topics: Mathematics

Notes: Summary 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.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1007/BF01915204

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