# betting simulation

Project is a computer simulation to play a million events of a simple game. Each event consists of drawing a ticket from a hat that contains 3 winning tickets and 2 losing tickets. And for each event a bet is made. Begin with a bet of \$1000. If a winning ticket is drawn, increase the next bet by \$5, and if a losing ticket is drawn, decrease the bet by \$8. And continue this way for all bets of \$1000 or higher. For all bets that fall below \$1000, (which will happen if more losing tickets have been drawn), the amount to be decreased is different. On bets of less than \$1000, if a winning ticket is drawn, increase the next bet by \$5, and if a losing ticket is drawn, decrease the next bet by \$7. The purpose in playing this betting strategy a million times is not so much to determine whether it will win or lose at this game in the long run, but rather to get a STATISTICAL PRINTOUT of the number of wins and losses at every amount bet. One final thing: In the statistical printout, I need to know the amount of the last (the millionth) bet made in every run of a million events.

It would be nice to have the option to change the game and betting strategy to experiment with other possibilities, but that is not necessary.

Навички: Статистичний аналіз, Статистика

Про роботодавця:
( 0 відгуки(-ів) ) United States

ID Проекту: #6427125

## 19 фрілансерів(-и) у середньому готові виконати цю роботу за \$173

malkabqlami6ka

Hey, I could make that simulation in Matlab and provide you the needed information. In case you prefer any other software please let me know. I will be happy to work on your interesting task. Best, Iva

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ognjen011

A proposal has not yet been provided

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VolKa

Hi. I think I will be able to do this using EXCEL. Can you provide more information if have. Regards

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jasqwerty

This sounds fairly straight forward to code up. Do you have a preferred language you would like this written in and a preferred run environment? Win 64bit? We would just need to go over the finer points of what exact i Більше

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bbentley007

I have done and taught applied statistics, for the last 12 years full-time. Currently in grad school working towards my PhD in applied statistics. I'm sure I can do your project. I specified 14 days because of my Більше

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vikas0903

Hi, I am working as Lead Pricing Analyst in a Fortune 500 MNC. I have worked on business analysis, pricing models, income statements, value-pricing projects etc. Some of the projects which I have done include: Більше

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Hi, I am writing to express my interest in your project. I work as a Data Scientist and I have experience in Stochastic Simulation

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wyliechan

Simple yet effective and powerful simulation in Excel or In python with HTML reporting interface. Customizable interface to simulation Statistical results captured Project is a computer simulation to play a mill Більше

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karanrajput1112

At the looking this problem, its looking like the stochastic gambling ruin problem. As a Post Graduate in Statistics and graduate in mathematics, i have a lot of experience in handling statistical data, especially i Більше

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ashurao

~~~Master in Mahematical Statistics~~~ Expert: @Probability, Time Series Analysis, Design of Experiment, @Multivariate analysis,Linear Regression analysis, @Bio-Statistics, Actuarial Statistics. Більше

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mahjabin12345

Hello There, I am a statistician. I am interested in your job. Do you need the whole program writing for the project or you only want to see the output of loss and winning? I am comfortable for both. Can we use R-prog Більше

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georgvogelhuber

Hi. I'm a gaming professional with about 8 years of working experience with slot machines and statistical simulations. I've written a lot of simulations like the one you requested. What programming language do you p Більше

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martijnweterings

Besides the computational simulation I can also provide an approximate analytical result. >The frequencies at which a certain bid occurs are reflected by the rates at which the bids goes up and down per game. Let the Більше

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crslbt73

Hi, my name is Elisabetta Crescio, I am native italian. I have a PhD in physics and I've been working for years in simulation programs about particle physics (in C++ framework). I've also a master degree in mathemat Більше

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mpalima

I've done Monte Carlo simulations before, and I think this one fits right in. I may not be the best visual graphics designer for the interface of the simulation program, but the interface I am thinking of will be simp Більше

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sheeraz91

Hi, How are you doing sir. We are having the best solution for your required site automation process of ticket buying bot. We having the most stable product for ticket buying bot . This is the complete solution f Більше

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sha2014man

Предложение еще не подано

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AlbertoMZ

Hello. I am working towards a PhD in mathematics, in particular in fluid mechanics. Part of my research relies on my programming skills on Matlab so I fullfill the technical requirements for this job. I have experie Більше

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alosha

I work with Matlab, and I am a Teaching Assistant in the Industrial Engineering Faculty in my University. I teach Industrial Statistics and Design of Experiments

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