Gambling strategies for random sequences

George Davie

doi:10.4102/satnt.v29i1.3

Original Research

Gambling strategies for random sequences

George Davie

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George Davie,, South Africa

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Abstract

There is a general consensus that it is not possible to gamble successfully against a random se-quence. This consensus is based on results from probability theory that all gambling systems arein some sense futile and the idea that at any stage of the sequence, the next outcome is entirelyunpredictable.

Keywords

Willekeurigheid; Kolmogorov-kompleksiteit; Algoritmiese toevalsry; Martingaal

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