Gambling Model with Martingale Theory and Stochastic Simulation
LI Yan-ying · Journal of Sichuan University of Science & Engineering · 2011
Gambling is an important social phenomenon.There are a lot of qualitative researches,but the corresponding research literature about its mathematical models is few.The gambling model is established by using probability and martingale,the probability,gambling strategy and gambling stop times are studied.Random simulation program are explored by using matlab software.According to the simulation result,a few comments of gambling strategy are given.