Abstract
In this chapter we consider a natural abstraction of the idea of a fair game in gambling. We shall give several applications of the basic result, the Martingale Convergence Theorem.
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© 1976 Springer-Verlag New York Inc.
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Kemeny, J.G., Snell, J.L., Knapp, A.W. (1976). Martingales. In: Denumerable Markov Chains. Graduate Texts in Mathematics, vol 40. Springer, New York, NY. https://doi.org/10.1007/978-1-4684-9455-6_3
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DOI: https://doi.org/10.1007/978-1-4684-9455-6_3
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4684-9457-0
Online ISBN: 978-1-4684-9455-6
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