The Pelayo Family Plays Roulette Harvard Case Solution & Analysis

The Pelayo Family Plays Roulette Case Solution

They have actually staked EUR1,000 on this particular wheel. The concern is: How much needs to they wager in purchase to possess the very most capital right after 200 rounds? Log energy is utilized to compare options and discover an ideal bet.

The Pelayo family has actually been examining roulette wheels and gathering information on 10s of countless spins. Now the Pelayos have actually recognized a wheel which they wish to bank on, which has 6 numbers which have a 1/30 possibility of winning rather of 1/37.

PUBLICATION DATE: August 11, 2016

This is just an excerpt. This case is about STRATEGY & EXECUTION

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