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Journal of Probability and Statistics
Volume 2010, Article ID 313148, 19 pages
Research Article

A Mathematical Analysis of the Card Game of Betweenies through Kelly's Criterion

1UCD CASL, University College Dublin, Belfield, Dublin 4, Ireland
2School of Electronic, Electrical & Mechanical Engineering, University College Dublin, Belfield, Dublin 4, Ireland

Received 4 February 2010; Accepted 29 March 2010

Academic Editor: Mohammad Fraiwan Al-Saleh

Copyright © 2010 Konstantinos Drakakis. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Linked References

  1. Article on In Between,
  2. Article on Between the Sheets,
  3. Article on Red Dog in Wikipedia,
  4. Article on Acey Deucey in Wikipedia,
  5. J. L. Kelly Jr., “A new interpretation of information rate,” The Bell System Technical Journal, vol. 35, pp. 917–926, 1956. View at Google Scholar · View at MathSciNet
  6. Article on Kelly's criterion in Wikipedia,
  7. E. O. Thorp, “The Kelly criterion in blackjack, sports betting, and the stock market,” in Proceedings of the 10th International Conference on Gambling and Risk Taking, Montreal, Canada, June 1997.
  8. T. M. Cover and J. A. Thomas, Elements of Information Theory, John Wiley & Sons, Hoboken, NJ, USA, 2nd edition, 2006. View at Zentralblatt MATH · View at MathSciNet
  9. S. Boyd and L. Vandenberghe, Convex Optimization, Cambridge University Press, Cambridge, UK, 2004. View at MathSciNet