A Birthday Attack on Roulette
Ranjan Chaudhuri
Abstract
Open-access reader
Ranjan Chaudhuri
Abstract
Open-access reader
A strategy for playing the game of roulette is presented in this paper. The strategy is based on the same probabilistic argument that leads to the well-known Birthday Paradox in Probability theory. Following the strategy, a player will have a positive expected gain per spin as well as in the long run despite the fact that the pay-off ratios in roulette favor the House.
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A strategy for playing the game of roulette is presented in this paper. The strategy is based on the same probabilistic argument that leads to the well-known Birthday Paradox in Probability theory. Following the strategy, a player will have a positive expected gain per spin as well as in the long run despite the fact that the pay-off ratios in roulette favor the House.
Key concepts: Roulette, Mathematical economics, Probabilistic logic, Argument (complex analysis), Game theory, Operations research, Computer science, Economics