Episode #91 - How to Count w/ Dr. Wolske
Math & Physics Podcast
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Gambler's Ruin Problem
Gambler's ruin is the probability that an individual who is gambling will lose all his money. It also matters how much youre gambling though. The idea, it's kind of similar to like a rulette idea, lhat you're betting on something, you have a probability of winning of losing. And if your probability is exactly 50 %, there's so many chance depending on what you win or loss. So late there's a pretty high chance that you won't reach it.
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