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Improving on Bold Play at Craps

S. N. Ethier

Operations Research · 1987 · Volume 35 · Issue 6

DOI: 10.1287/opre.35.6.814

Abstract

We derive heuristically a strategy we believe to be nearly optimal at craps (in the sense of maximizing the probability of reaching a specified goal). We then prove rigorously (with the aid of a computer) that this strategy is superior to bold play on “don't pass,” regardless of the ratio of one's initial fortune to one's goal.

Keywords

236 nonoptimality of bold play at craps

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