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Undefined equity

Posted By: Tom Keith
Date: Saturday, 4 March 2017, at 11:07 p.m.

In Response To: SMITH and JONES: The amazing "FARE" position (Timothy Chow)

I believe it was Bob Floyd who first discovered the problem of undefined equity in money-play backgammon. He illustrates what happens as you allow the cube to get higher and higher in his 1982 article, "Riding the Tiger".

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