期刊論文
| 學年 | 109 |
|---|---|
| 學期 | 1 |
| 出版（發表）日期 | 2021-01-02 |
| 作品名稱 | How do advantage players exploit casinos' premium offers? Simulations and solutions |
| 作品名稱（其他語言） | |
| 著者 | Wen-Jen Hsu; Bin-Tzong Chie |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | International Gambling Studies, 1-18 |
| 摘要 | This paper uses computational and stochastic measures to demonstrate the negative impacts on the casino business of advantage players that legally rely on their knowledge to continuously make profits at licensed casinos worldwide. We present the stochastic process utilized by the advantage players to make profits from premium offers. We show in detail how players estimate the probability of reaching the win goal, the net-expected-win value, and the total expected return. In addition, a simulation is conducted to determine the amount of the starting capital that is needed before participating in games. The findings provide significant implications that advantage players are capable of exploiting premium offers and profiting from the casinos. |
| 關鍵字 | Advantage players;casino management;premium offers;simulations;stochastic process |
| 語言 | en |
| ISSN | 1479-4276 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | Bin-Tzong Chie |
| 審稿制度 | 是 |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | ,電子版,紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/120020 ) |