Bold play and the optimal policy for Vardi's casino

MaRDI QIDQ3511599zbMATH OpenFDO

Authors Larry Shepp

Publication date 11 July 2008

zbMATH Keywords

\(\varepsilon\)-optimal betting strategyDubins and Savage's casinohow-to-gamble-if-you-mustVardi's casino

Mathematics Subject Classification ID

Stopping times; optimal stopping problems; gambling theory (60G40) Probabilistic games; gambling (91A60)

Recommendations

• Optimal Strategy for the Vardi Casino with Interest Payments
• Explicit Optimal Strategy for the Vardi Casino with Limited Playing Time
• Maximizing the discounted survival probability in Vardi's casino
• On Optimality of Bold Play for Discounted Dubins-Savage Gambling Problems with Limited Playing Times
• Improving on bold play when the gambler is restricted

Cited in

(10)

• Optimal Strategy for the Vardi Casino with Interest Payments
• On Optimality of Bold Play for Discounted Dubins-Savage Gambling Problems with Limited Playing Times
• Explicit Optimal Strategy for the Vardi Casino with Limited Playing Time
• Improving on bold play when the gambler is restricted
• A bold strategy is not always optimal in the presence of inflation
• Strong Optimality of Bold Play for Discounted Dubins-Savage Gambling Problems with Time-Dependent Parameters
• On Optimality of Bold Play for Primitive Casinos in the Presence of Inflation
• Maximizing the discounted survival probability in Vardi's casino
• Granularity of wagers in games and the possibility of saving
• Further insight into the structure of bold and timid policies

This page was built for publication: Bold play and the optimal policy for Vardi's casino

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3511599)