Accession Number:

AD0606451

Title:

THE CASINO THAT TAKES A PERCENTAGE AND WHAT YOU CAN DO ABOUT IT,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1957-10-17

Pagination or Media Count:

17.0

Abstract:

If the casinos cut is at least 100 gamma , then the probability of running a fortune up to t times its original value is less than 1 - t - 1t to the 1-gamma power, but it can sometimes be nearly that much. Author

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE