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Results tagged with pr.probability
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user 78340
Theory and applications of probability and stochastic processes: e.g. central limit theorems, large deviations, stochastic differential equations, models from statistical mechanics, queuing theory.
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answer
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Optimisation of betting strategy
Consider integers $r \geq 1$ and $k \geq 1$ and consider the following game:
We start with $r$ tokens and at each round we choose $i \in \{1,...,r\}$ tokens to bet (if we have $N<r$ tokens we can't b …
