Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I use Parrondos paradox to win at the Casino?

April 26, 2017casino Paradox parrondo Win

0

Posted

Can I use Parrondos paradox to win at the Casino?

1 Answer

0

Posted

The answer is most probably “no.” Parrondo’s games rely on exploiting convex linear combinations in a non-linear parameter space. Casino games have a linear parameter space (as far as we know). If anyone can demonstrate any convexity in a casino game, then you are on to something! So the answer is most probably no, because we have not personally exhaustively tested every casino game for convex spaces. Our interest in is scientific study of the Parrondo phenomenon, not in casinos. To find out about convexity and the role it plays in Parrondian phenomena, click on the publications link. The importance of convexity in the Parrondo effect was first pointed out by Moraal in 1999 and then independently by Costa, Fackrell & Taylor in 2000.