Prices of Casino Games


Event Information

Event NamePrices of Casino Games
CategoriesSeminar / Lecture
Date22 October 2003 - 22 November 2003
Time00:00 - 00:00
ContentAbstract of seminar:
It is well-known that casino business is a lucrative business. Like other businesses, casinos make profits by producing and selling products at certain prices. The major products offered by casinos are games, and their customers are the players. The theoretical price of a casino game can be measured by house advantage (house percentage, or house expected value). The actual price of a game may fluctuate according to some probability distributions, and for some games, different players p

Target AudienceEveryone

Contact Person for Details

NameProfessor Jason Gao