Rules of snake eyes game, Game Theory

Assignment Help:

Rules of Snake Eyes (small variation on game called Craps in USA)

Player rolls two dice.

On the first roll if the total of the dice is

2 (snake eyes): player wins and receive 2 points

7 or 11: player wins and the player receives 1 point

3 or 12: player's loses and the House (the computer) receives 2 points

4, 5, 6, 8, 9, 10: this total becomes your possible points that you will receive if you win. To win, you continue to roll the dice until you roll your possible points value a second time. However if you throw a total of 7 before throwing  your possible points value, you lose and the House receives 2 points.   Rolling a total which is not equal to 7 or your possible points value in these subsequent rolls has no effect on the game, you simply roll again.

In the screen shot on the next page, the player rolls a total of 4, so rolls again and luckily rolls a 4 and so wins. In the next game, rolls a total of 4 (pure coincidence!) and then has to do successive rolls until rolls a 4 and so now has 8 points total.

1108_Rules of Snake Eyes Game.png


Related Discussions:- Rules of snake eyes game

Find a bayesian nash equilibrium, In Bontemps, Louisiana there are only two...

In Bontemps, Louisiana there are only two places to spend time: Merlotte's bar and Fangtasia. Sookie and Eric have made plans to spend Friday night together, but they never decided

Minimum bid, A minimum bid is that the smallest acceptable bid in an auctio...

A minimum bid is that the smallest acceptable bid in an auction. a gap bid, the primary bid placed within the auction, should be a minimum of as high because the minimum bid or the

Nash Equilibria, Two people are engaged in a joint project. If each person ...

Two people are engaged in a joint project. If each person i puts in the effort xi, the outcome of the project is worth f(x1, x2). Each person’s effort level xi is a number between

Solve for the bayesian nash equilibrium, Consider the Cournot duopoly model...

Consider the Cournot duopoly model in which two rms, 1 and 2, simultaneously choose the quantities they will sell in the market, q 1 and q 2 . The price each receives for each uni

Probability and expected utility, PROBABILITY AND EXPECTED UTILITY Most...

PROBABILITY AND EXPECTED UTILITY Most students know the elementary combinatorial rules for probability algebra and need only a refresher with some exam- ples. We have used card

All-pay auction, A type of auction in which the highest bidder is rewarded ...

A type of auction in which the highest bidder is rewarded the object, but all bidders pay the auctioneer their bids. This differs from traditional first price auctions in which onl

Nash equilibrium, Consider a game in which player 1 chooses rows, player 2 ...

Consider a game in which player 1 chooses rows, player 2 chooses columns and player 3 chooses matrices. Only Player 3''s payoffs are given below. Show that D is not a best response

Pure-strategy and mixed-strategy equilibria, Take a news story, old or rece...

Take a news story, old or recent, and analyze it from a game theoretic perspective. Provide a hard copy of the source of your news story and consult relevant game theoretic literat

Pareto dominated, An outcome of a game is Pareto dominated if another outco...

An outcome of a game is Pareto dominated if another outcome would build a minimum of one player at an advantage while not hurting the other player. That is, another outcome is weak

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd