You start with $50 and bet on a sequence of fair coin flips: each head wins you $2 and each tail loses you $1. What is the probability that you eventually run out of money?
Unlock detailed company stats for this questionUpgrade
Community answers
No answers contributed by the community yet.
Related questions
You start with $1 and your friend with $2. Each round you bet $1 and you win with probability 2/3. What is the probability you take all your friend's money before losing yours?You start with $10 and bet $1 per round on a fair coin, stopping at $20 or $0. What is the probability you reach $20?A coin lands Heads with probability 2/3: on Heads you win $1 from your opponent, on Tails you pay $1. You start with $10 against $20. What is the probability you bankrupt them?Related courses

Course

Course