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The term multi-armed bandit comes from a theoretical problem where instead of one slot machine lever, you have a number of them, say three like in the image above.
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They One armed bandit slot machine value are first seen in Frostburn Canyon, and can be. Slang definitions & phrases for one-armed bandit Expand one-arm bandit noun phrase A slot machine (1938+) The Dictionary of American Slang, Fourth Edition by Barbara.
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ŷhat | Python Multi-armed Bandits (and Beer!) The term multi-armed bandit comes from a theoretical problem where instead of one slot machine lever, you have a number of them, say three like in the image above. If you know the odds and payouts, it's trivial to determine the lever with the highest expected value. But imagine you didn't know the odds...