casino_simulation


casino_simulation, an Octave code which simulates a casino game that gives you 20% of your bet for heads, and only takes 17% for tails. How much will you end up winning?

The code allows the user to simulate many repeated rounds of the game, so that a statistical analysis can be made.

Licensing:

The computer code and data files described and made available on this web page are distributed under the MIT license

Languages:

casino_simulation is available in a MATLAB version and an Octave version.

Related Data and codes:

casino_simulation_test

dueling_idiots, an Octave code which carries out the probability simulations described in "Dueling Idiots", by Paul Nahin;

matlab_simulation, an Octave code which uses simulation to study card games, contests, and other processes which have a random element. Usually, the purpose is to try to predict the average behavior of the system over many trials.

Reference:

  1. Bruce Boghosian,
    The Inescapable Casino,
    Scientific American,
    November 2019, pages 70-77.

Source Code:


Last revised on 07 June 2023.