A Study of Assessment of Casinos’ Risk of Ruin in Casino Games with Poisson Distribution
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DOI: 10.3390/math11071736
Abstract: Gambling, as an uncertain business involving risks confronting casinos, is commonly analysed using the risk of ruin (ROR) formula. However, due to its brevity, the ROR does not provide any implication of nuances in terms… read more here.
Keywords: casino games; casino; risk; house advantage ... See more keywords