Pair recreate 70's roulette-beating system

Monday, May 14, 2012 - 08:01 in Physics & Chemistry

( -- A pair of university researchers has managed to duplicate the efforts of Doyne Farmer, who as a graduate student in the 1970’s devised a means for tilting the odds in favor of a gambler playing roulette at a casino using a small hidden computer that ran statistical and probability algorithms. The two new researchers, Michael Small and Chi Kong Tse, describe their approach in a paper uploaded to the preprint server arXiv. Because of this, Farmer has written a paper describing his own work which he has submitted to Chaos for publication.

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