Richard Arnold Epstein on Success
Browse 3 quotations attributed to Richard Arnold Epstein, catalogued under success, with dates where available.
This page displays 3 quotations attributed to Richard Arnold Epstein and filed under "success" in QuoteLineage. The selection is ordered by stored importance and quality scores, not citation counts. A topic label describes how an entry is catalogued; it does not establish the theme's importance in the author's work.
Attributed to Richard Arnold Epstein, entry #209497: "While no rigorous proof of an optimal strategy has been achieved, Robbins has proposed the principal of "staying on a winner" and has shown it to be uniformly better than a strate…"
Attributed to Richard Arnold Epstein, entry #107760: "Because the fluctuations in the composition of the deck as it is dependent over successive trials, it is intuitively apparent that altering decisions or the magnitude of the wager…"
3 Quotes by Richard Arnold Epstein on Success
"While no rigorous proof of an optimal strategy has been achieved, Robbins has proposed the principal of "staying on a winner" and has shown it to be uniformly better than a strategy of random selection."
"Because the fluctuations in the composition of the deck as it is dependent over successive trials, it is intuitively apparent that altering decisions or the magnitude of the wager or both in accordance with the fluctuations should prove advantageous to the player."
"Although the major gambling casinos do not maintain statistical records on the results of games of Craps, one event has been recorded-that wherein a young man achieved 28 consecutive "passes" at the Desert Inn Casino, Las Vegas, Nevada . Odds against such an event are 400 million to 1."