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Gambling your way to New York: A story of expectation

Barnett, Tristan (2009) Gambling your way to New York: A story of expectation. Chance, 22 (3). pp. 27-34. ISSN 1867-2280 (online) 0933-2480 (print)

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InterCasino, an online gambling web site at www.intercasino. com, recently offered a free flight to New York as a promotional offer to new customers. From Australia, the value of the flight was about $2,000. To qualify, players had to complete their wagering requirements for one of the online games. Assuming the player was happy with the terms and conditions of the offer, two obvious questions are: Is the offer worthwhile? Which is the best game to play? To answer these questions, we need probability theory, details concerning the games, and clear criteria on which to base our answers.

Item Type: Article
Uncontrolled Keywords: ResPubID19465. casinos, probability, betting, American, United States, Australia
Subjects: Faculty/School/Research Centre/Department > School of Management and Information Systems
FOR Classification > 0104 Statistics
Depositing User: VUIR
Date Deposited: 29 May 2012 00:49
Last Modified: 22 Mar 2013 00:45
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