Statements (53)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:Mathematics
|
| gptkbp:analyzes |
A gambler's fortune over time
|
| gptkbp:applies_to |
Gambling theory
|
| gptkbp:can_be_demonstrated_with |
Simple betting games
|
| gptkbp:can_be_expressed_mathematically_as |
A recurrence relation
|
| gptkbp:can_be_represented_graphically_as |
A probability distribution
|
| gptkbp:can_lead_to |
Bankruptcy for players
|
| gptkbp:can_result_in |
One player losing all their money
|
| gptkbp:concept |
Decision theory
Statistical mechanics |
| gptkbp:depicts |
The concept of fairness in games
The law of large numbers |
| gptkbp:describes |
A betting game scenario
|
| gptkbp:educational_use |
Probability concepts
|
| gptkbp:emulation |
Computer algorithms
|
| gptkbp:example |
Absorbing states in Markov processes
|
| gptkbp:has_implications_for |
Equal probability of winning
|
| https://www.w3.org/2000/01/rdf-schema#label |
Gambler's Ruin
|
| gptkbp:illustrated_by |
Coin toss experiments
|
| gptkbp:introduced_in |
gptkb:Paul_Erdős
|
| gptkbp:involves |
Two players
|
| gptkbp:is_a_classic_problem_in |
Combinatorial game theory
|
| gptkbp:is_a_foundation_for |
Risk management
|
| gptkbp:is_a_foundational_principle_in |
Statistical analysis.
|
| gptkbp:is_a_solution_for |
Markov chains
|
| gptkbp:is_a_subject_of |
Behavioral economics
Mathematical finance Mathematical research |
| gptkbp:is_affected_by |
House edge
|
| gptkbp:is_analyzed_in |
Probability theory
Game simulations Expected value Optimal betting strategies |
| gptkbp:is_applicable_to |
Various gambling games
|
| gptkbp:is_associated_with |
Game outcomes
Investment strategies |
| gptkbp:is_described_as |
Long-term gambling outcomes
|
| gptkbp:is_explored_in |
Statistical simulations
|
| gptkbp:is_often_discussed_in |
Game theory
Gambling addiction |
| gptkbp:is_often_referenced_in |
Literature on gambling strategies
|
| gptkbp:is_related_to |
Random walks
Martingale strategies |
| gptkbp:is_relevant_to |
Insurance mathematics
|
| gptkbp:is_studied_in |
Economics
Empirical data |
| gptkbp:key_concept |
Risk assessment
|
| gptkbp:model |
Differential equations
Risk in gambling |
| gptkbp:requires |
Finite resources
|
| gptkbp:type_of |
Stochastic process
|
| gptkbp:bfsParent |
gptkb:Luxord
|
| gptkbp:bfsLayer |
5
|