The prison rule in roulette

Ulrich Dieter; Joachim Ahrens

doi:10.1007/BF01915204

The prison rule in roulette

Ulrich Dieter, Joachim Ahrens

Institute of Statistics (5060)

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 language	English
Pages (from-to)	227-231
Journal	Metrika
Volume	31
Issue number	1
DOIs	https://doi.org/10.1007/BF01915204
Publication status	Published - 1984

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10.1007/BF01915204

Random Number Generation
Dieter, U. & Stadlober, E.
1/01/95 → 31/12/05
Project: Research area

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title = "The prison rule in roulette",

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AB - 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.

U2 - 10.1007/BF01915204

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M3 - Article

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SP - 227

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JO - Metrika

JF - Metrika

IS - 1

ER -

The prison rule in roulette

Abstract

Treatment code (Nähere Zuordnung)

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Random Number Generation

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