Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Probability
Payments Data In Gambling Research, Kasra Ghaharian, Mana Azizsoltani
Payments Data In Gambling Research, Kasra Ghaharian, Mana Azizsoltani
International Conference on Gambling & Risk Taking
A considerable body of gambling-related research has leveraged gamblers' behavioral tracking data to address a broad set of research questions. These data have typically comprised of gamblers' betting-related behaviors including, for example, the frequency and volume of betting. The analysis of gamblers' payment-related behavioral data is far less common, but provides a fruitful avenue gambling-related research.
In this presentation we discuss a selection of potential research opportunities that payments transaction data presents. We supplement this discussion with specific analyses that have been performed by our research group. We also discuss knowledge gaps and areas for future research.
A Game-Theoretic Analysis Of Baccara Chemin De Fer, Ii, Stewart N. Ethier, Jiyeon Lee
A Game-Theoretic Analysis Of Baccara Chemin De Fer, Ii, Stewart N. Ethier, Jiyeon Lee
International Conference on Gambling & Risk Taking
uploaded
A Statistical Analysis Of The Roulette Martingale System: Examples, Formulas And Simulations With R, Peter Pflaumer
A Statistical Analysis Of The Roulette Martingale System: Examples, Formulas And Simulations With R, Peter Pflaumer
International Conference on Gambling & Risk Taking
Some gamblers use a martingale or doubling strategy as a way of improving their chances of winning. This paper derives important formulas for the martingale strategy, such as the distribution, the expected value, the standard deviation of the profit, the risk of a loss or the expected bet of one or multiple martingale rounds. A computer simulation study with R of the doubling strategy is presented. The results of doubling to gambling with a constant sized bet on simple chances (red or black numbers, even or odd numbers, and low (1 – 18) or high (19 – 36) numbers) and …