On a Measure of Skills for Games with Chance Elements

P.E.M. Borm, B.B. van der Genugten

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Abstract

In various countries, including the Netherlands and Austria, legislation is such that the question whether a specific game should be considered as a game of chance or as a game of skill is predominant in the exploitation decision of private casinos.This paper aims for an objective and operational criterium to quantify the level of skill of casino games in order to establish a mutual ranking.The varions concepts are illustrated by means of variations of Poker.
Original languageEnglish
Place of PublicationTilburg
PublisherEconometrics
Number of pages31
Volume721
Publication statusPublished - 1996

Publication series

NameFEW Research Memorandum
Volume721

Keywords

  • law
  • game of chance
  • game of skill
  • game of poker

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  • Cite this

    Borm, P. E. M., & van der Genugten, B. B. (1996). On a Measure of Skills for Games with Chance Elements. (FEW Research Memorandum; Vol. 721). Econometrics.