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 | | From: | John Kerr | | Subject: | Help on random walk problem. | | Date: | Sat, 22 Jan 2005 11:23:39 -0600 |
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 | This is a betting problem where one player starts with just one unit,
and the other player has an infinite number of units. The coin to be
flipped is biased in favor of the player with an infinite number of
units....50.7 %. What would be the theoretical average number of bets
until the player with one unit is ruined?
Thanks for any help offered!
JK
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