How to build a probability-free casino
Casinos operate by generating sequences of outcomes which appear unpredictable, or random, to effective gamblers. We investigate relative notions of randomness for gamblers whose wagers are restricted to a finite set. Some sequences which appear unpredictable to gamblers using wager amounts in one s...
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| Hauptverfasser: | , |
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| Dokumenttyp: | Article (Journal) |
| Sprache: | Englisch |
| Veröffentlicht: |
February 2012
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| In: |
Information and computation
Year: 2012, Jahrgang: 211, Pages: 160-164 |
| ISSN: | 1090-2651 |
| DOI: | 10.1016/j.ic.2011.12.004 |
| Online-Zugang: | Verlag, Volltext: http://dx.doi.org/10.1016/j.ic.2011.12.004 Verlag, Volltext: http://www.sciencedirect.com/science/article/pii/S0890540112000065 
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| Verfasserangaben: | Adam Chalcraft, Randall Dougherty, Chris Freiling, Jason Teutsch |
| Zusammenfassung: | Casinos operate by generating sequences of outcomes which appear unpredictable, or random, to effective gamblers. We investigate relative notions of randomness for gamblers whose wagers are restricted to a finite set. Some sequences which appear unpredictable to gamblers using wager amounts in one set permit unbounded profits for gamblers using different wager values. In particular, we show that for non-empty finite sets A and B, every A-valued random is B-valued random if and only if there exists a k⩾0 such that B⊆A⋅k. |
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| Beschreibung: | Gesehen am 18.05.2018 |
| Beschreibung: | Online Resource |
| ISSN: | 1090-2651 |
| DOI: | 10.1016/j.ic.2011.12.004 |