Multi-Armed Bandits with Betting

author: Alexandru Niculescu Mizil, IBM Thomas J. Watson Research Center
published: Aug. 26, 2009,   recorded: June 2009,   views: 3893

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We study an extension to the stochastic multiarmed bandit problem where the learner has a budget ofK “coins” it can use in each round. The learner can use the coins to play multiple arms in each round, having the option to “bet” multiple coins on an arm. At the end of the round, the arms generate a reward that is proportional to the amount of coins invested in them.

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Reviews and comments:

Comment1 Mitchell Ingram, March 24, 2021 at 5:23 p.m.:

Certain types of sports betting are officially legal in Japan, and people across the country spend and win millions of dollars annually in sports betting. Anyway, Japan is an interesting country. Today you can find out how you can enter the world of betting and gambling in Japan here Anyway, you can find many opportunities for betting and gambling if you want.

Comment2 AnthonyLawrence, January 19, 2023 at 11:53 p.m.:

Well, actually, it's quite individual, and in many ways it all depends on your luck, but unlike online casinos in sports betting, you can read tips and predictions, for example, to make a good bet. What about bookmaker?

Comment3 monamissaa, March 21, 2023 at 3:09 p.m.:

Olá, estou procurando um serviço de apostas esportivas de qualidade com boas chances e pagamentos rápidos.

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