Distinguishing Gamblers from Investors at the Blackjack Table | springerprofessional.de

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2003 | OriginalPaper | Buchkapitel

Distinguishing Gamblers from Investors at the Blackjack Table

verfasst von : David Wolfe

Erschienen in: Computers and Games

Verlag: Springer Berlin Heidelberg

Enthalten in: Professional Book Archive

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We assess a player’s long-term expected winnings or losses at the game of blackjack without knowing the strategy employed. We do this by comparing the player’s moves to those of a baseline strategy with known expected winnings. This allows an accurate estimate of the player’s expectation to be found hundreds of times faster than the naive approach of using the average winnings observed as an estimate.

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Titel: Distinguishing Gamblers from Investors at the Blackjack Table
verfasst von: David Wolfe
Verlag: Springer Berlin Heidelberg
Buch: Computers and Games
Print ISBN: 978-3-540-20545-6

Electronic ISBN: 978-3-540-40031-8

Copyright-Jahr: 2003
DOI: https://doi.org/10.1007/978-3-540-40031-8_1

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