Fruit Machine -- One Armed Bandit --

VINTAGE 1947 MILLS ONE ARM BANDIT SLOT MACHINE bandit slot machine bandit problem derives its name from an imagined slot machine with k arms The ith arm has a payoff probability p i which is unknown When arm i is bandit slot A fundamental aspect of bandit problems is that choosing an arm does not affect the properties of the arm or other arms A row of slot machines in Las Vegas

bandit slot machine Alex Archbold from Curiosity Inc shows off a super cool 1930's one armed bandit slot machine