{"id":"https://openalex.org/W4415368747","doi":"https://doi.org/10.1109/isit63088.2025.11195494","title":"Optimal Online Bookmaking for Binary Games","display_name":"Optimal Online Bookmaking for Binary Games","publication_year":2025,"publication_date":"2025-06-22","ids":{"openalex":"https://openalex.org/W4415368747","doi":"https://doi.org/10.1109/isit63088.2025.11195494"},"language":null,"primary_location":{"id":"doi:10.1109/isit63088.2025.11195494","is_oa":false,"landing_page_url":"https://doi.org/10.1109/isit63088.2025.11195494","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2025 IEEE International Symposium on Information Theory (ISIT)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5046994049","display_name":"Alankrita Bhatt","orcid":"https://orcid.org/0000-0002-5465-9041"},"institutions":[{"id":"https://openalex.org/I122411786","display_name":"California Institute of Technology","ror":"https://ror.org/05dxps055","country_code":"US","type":"education","lineage":["https://openalex.org/I122411786"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Alankrita Bhatt","raw_affiliation_strings":["California Institute of Technology,Department of Electrical Engineering,Pasadena,CA,USA"],"affiliations":[{"raw_affiliation_string":"California Institute of Technology,Department of Electrical Engineering,Pasadena,CA,USA","institution_ids":["https://openalex.org/I122411786"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5004351362","display_name":"Or Ordentlich","orcid":"https://orcid.org/0000-0002-5791-7923"},"institutions":[{"id":"https://openalex.org/I197251160","display_name":"Hebrew University of Jerusalem","ror":"https://ror.org/03qxff017","country_code":"IL","type":"education","lineage":["https://openalex.org/I197251160"]}],"countries":["IL"],"is_corresponding":false,"raw_author_name":"Or Ordentlich","raw_affiliation_strings":["Rachel and Selim Benin School of Computer Science and engineering, Hebrew University of Jerusalem,Israel"],"affiliations":[{"raw_affiliation_string":"Rachel and Selim Benin School of Computer Science and engineering, Hebrew University of Jerusalem,Israel","institution_ids":["https://openalex.org/I197251160"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5087127628","display_name":"Oron Sabag","orcid":"https://orcid.org/0000-0002-7907-1463"},"institutions":[{"id":"https://openalex.org/I197251160","display_name":"Hebrew University of Jerusalem","ror":"https://ror.org/03qxff017","country_code":"IL","type":"education","lineage":["https://openalex.org/I197251160"]}],"countries":["IL"],"is_corresponding":false,"raw_author_name":"Oron Sabag","raw_affiliation_strings":["Rachel and Selim Benin School of Computer Science and engineering, Hebrew University of Jerusalem,Israel"],"affiliations":[{"raw_affiliation_string":"Rachel and Selim Benin School of Computer Science and engineering, Hebrew University of Jerusalem,Israel","institution_ids":["https://openalex.org/I197251160"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5046994049"],"corresponding_institution_ids":["https://openalex.org/I122411786"],"apc_list":null,"apc_paid":null,"fwci":2.3568,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.91491725,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":91,"max":95},"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"6"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11574","display_name":"Artificial Intelligence in Games","score":0.998199999332428,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T11574","display_name":"Artificial Intelligence in Games","score":0.998199999332428,"subfield":{"id":"https://openalex.org/subfields/1702","display_name":"Artificial Intelligence"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11197","display_name":"Digital Games and Media","score":0.9682999849319458,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/event","display_name":"Event (particle physics)","score":0.6542999744415283},{"id":"https://openalex.org/keywords/binary-number","display_name":"Binary number","score":0.6136999726295471},{"id":"https://openalex.org/keywords/outcome","display_name":"Outcome (game theory)","score":0.5630999803543091},{"id":"https://openalex.org/keywords/dynamic-inconsistency","display_name":"Dynamic inconsistency","score":0.3400000035762787},{"id":"https://openalex.org/keywords/coin-flipping","display_name":"Coin flipping","score":0.32249999046325684},{"id":"https://openalex.org/keywords/online-algorithm","display_name":"Online algorithm","score":0.31040000915527344}],"concepts":[{"id":"https://openalex.org/C2779662365","wikidata":"https://www.wikidata.org/wiki/Q5416694","display_name":"Event (particle physics)","level":2,"score":0.6542999744415283},{"id":"https://openalex.org/C48372109","wikidata":"https://www.wikidata.org/wiki/Q3913","display_name":"Binary number","level":2,"score":0.6136999726295471},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5810999870300293},{"id":"https://openalex.org/C148220186","wikidata":"https://www.wikidata.org/wiki/Q7111912","display_name":"Outcome (game theory)","level":2,"score":0.5630999803543091},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.40310001373291016},{"id":"https://openalex.org/C127729010","wikidata":"https://www.wikidata.org/wiki/Q60165","display_name":"Dynamic inconsistency","level":2,"score":0.3400000035762787},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.3352999985218048},{"id":"https://openalex.org/C97399411","wikidata":"https://www.wikidata.org/wiki/Q825367","display_name":"Coin flipping","level":2,"score":0.32249999046325684},{"id":"https://openalex.org/C196921405","wikidata":"https://www.wikidata.org/wiki/Q786431","display_name":"Online algorithm","level":2,"score":0.31040000915527344},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.29260000586509705},{"id":"https://openalex.org/C202556891","wikidata":"https://www.wikidata.org/wiki/Q1584646","display_name":"Repeated game","level":3,"score":0.26499998569488525},{"id":"https://openalex.org/C192209626","wikidata":"https://www.wikidata.org/wiki/Q190909","display_name":"Focus (optics)","level":2,"score":0.259799987077713},{"id":"https://openalex.org/C2777027219","wikidata":"https://www.wikidata.org/wiki/Q1284190","display_name":"Constant (computer programming)","level":2,"score":0.25189998745918274},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.2517000138759613}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/isit63088.2025.11195494","is_oa":false,"landing_page_url":"https://doi.org/10.1109/isit63088.2025.11195494","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2025 IEEE International Symposium on Information Theory (ISIT)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G7133066242","display_name":null,"funder_award_id":"1641/21,1096/23","funder_id":"https://openalex.org/F4320322252","funder_display_name":"Israel Science Foundation"}],"funders":[{"id":"https://openalex.org/F4320322252","display_name":"Israel Science Foundation","ror":"https://ror.org/04sazxf24"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1656392662","https://openalex.org/W1979675141","https://openalex.org/W1982813377","https://openalex.org/W1999120268","https://openalex.org/W2099111195","https://openalex.org/W2150865801","https://openalex.org/W2294584261","https://openalex.org/W2563118570","https://openalex.org/W4237883889","https://openalex.org/W4415368747"],"related_works":[],"abstract_inverted_index":{"In":[0],"online":[1],"betting,":[2],"the":[3,7,18,23,29,36,41,45,48,53,57,65,72,76,84,100,104,112],"bookmaker":[4],"can":[5],"update":[6],"payoffs":[8,25],"it":[9],"offers":[10],"on":[11,28,90,118],"a":[12,91,119],"particular":[13],"event":[14,19],"many":[15],"times":[16],"before":[17],"takes":[20],"place,":[21],"and":[22,56,70],"updated":[24],"may":[26],"depend":[27],"bets":[30,114],"accumulated":[31],"thus":[32],"far.":[33],"We":[34,60],"study":[35],"problem":[37,63],"of":[38,43],"bookmaking":[39,86],"with":[40,50],"goal":[42],"maximizing":[44],"return":[46],"in":[47,122],"worst-case,":[49],"respect":[51],"to":[52],"gamblers'":[54],"behavior":[55],"event's":[58],"outcome.":[59],"formalize":[61],"this":[62,80],"as":[64],"Optimal":[66],"Online":[67],"Bookmaking":[68],"game,":[69],"provide":[71],"exact":[73],"solution":[74],"for":[75,106],"binary":[77],"case.":[78],"To":[79],"end,":[81],"we":[82],"develop":[83],"optimal":[85],"strategy,":[87],"which":[88],"relies":[89],"new":[92],"technique":[93],"called":[94],"bi-balancing":[95],"trees,":[96],"that":[97,99],"assures":[98],"house":[101],"loss":[102],"is":[103],"same":[105],"all":[107,115],"decisive":[108],"betting":[109],"sequences,":[110],"where":[111],"gambler":[113],"its":[116],"money":[117],"single":[120],"outcome":[121],"each":[123],"round.":[124]},"counts_by_year":[{"year":2025,"cited_by_count":1}],"updated_date":"2026-04-09T08:11:56.329763","created_date":"2025-10-21T00:00:00"}
