The prison rule in roulette |
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| Authors: | Prof. Dr. U. Dieter Prof. Dr. J. H. Ahrens |
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| Affiliation: | (1) Institut für Statistik, Technische Universität Graz, Rechbauerstr. 12, A-8010 Graz;(2) Mathematisches Seminar der Universität Kiel, Olshausenstraße 40-60, D-2300 Kiel |
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| Abstract: | Summary 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. |
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