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Posts tagged as “game”

game of cards

BETWEENIES CARD GAME Introduction The exact rules vary, the main concept is that the player is dealt two cards and bets on whether the value of a third card dealt about to be dealt will be between the values of the two previously dealt cards. In this work we calculate the probabilities associated with the game, namely, the probability that a given hand is dealt and the probability of winning given the hand dealt, and i suggest a betting strategy based on Kelly’s criterion (KC). HOW TO PLAY Each player is first dealt 2 cards face down. Taking it in…