Optimal Penney Ante strategy via correlation polynomial identities
The electronic journal of combinatorics, Tome 13 (2006)

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Zbl EuDML
In the game of Penney Ante two players take turns publicly selecting two distinct words of length $n$ using letters from an alphabet $\Omega$ of size $q$. They roll a fair $q$ sided die having sides labelled with the elements of $\Omega$ until the last $n$ tosses agree with one player's word, and that player is declared the winner. For $n\geq 3$ the second player has a strategy which guarantees strictly better than even odds. Guibas and Odlyzko have shown that the last $n-1$ letters of the second player's optimal word agree with the initial $n-1$ letters of the first player's word. We offer a new proof of this result when $q \geq 3$ using correlation polynomial identities, and we complete the description of the second player's best strategy by characterizing the optimal leading letter. We also give a new proof of their conjecture that for $q=2$ this optimal strategy is unique, and we provide a generalization of this result to higher $q$.
DOI : 10.37236/1061
Classification : 05A19, 05A15, 68R15, 91A46
Daniel Felix. Optimal Penney Ante strategy via correlation polynomial identities. The electronic journal of combinatorics, Tome 13 (2006). doi: 10.37236/1061
@article{10_37236_1061,
     author = {Daniel Felix},
     title = {Optimal {Penney} {Ante} strategy via correlation polynomial identities},
     journal = {The electronic journal of combinatorics},
     year = {2006},
     volume = {13},
     doi = {10.37236/1061},
     zbl = {1165.05312},
     url = {http://geodesic.mathdoc.fr/articles/10.37236/1061/}
}
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