Abstract (EN)
From ages to ages there had been expectation of individuals on a specific predictions and future occurrences. So also in a game, different participant that involves in those specified game have their various expectations of the results or the output of the game they are involved in. That is why we need a mathematical theory that helps in prediction of the future expectations in our day to day activities. Therefore the Martingale Theory is a very good theory that explains and dissects the expectation of a gamer in a given game of chance. So in this thesis, we shall talk about the Martingale Theory expressing the expectations of a gamer in a game of chance, and also discuss the gaming strategies so as to enlighten everyone involved in a specific game their required expectation after proper understanding of the Martingale Theory. Keywords: Martingale, Game of chance, Random walk, Stopping time.
Author
Dr. Oluwafemi Oludu Victor
How to Cite
Oluwafemi Oludu Victor (Master Thesis). Martingale Theory, 2015, Eastern Mediterranean University, Department of Mathematics.
Keywords
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