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Main => General Board => Topic started by: Herb on November 06, 2008, 03:50:48 PM

Title: a gambler's ruin exercise.
Post by: Herb on November 06, 2008, 03:50:48 PM
nolinks://math.ucsd.edu/~anistat/gamblers_ruin.html (nolinks://math.ucsd.edu/~anistat/gamblers_ruin.html)

Title: Re: a gambler's ruin exercise.
Post by: JHM on November 06, 2008, 04:11:32 PM
Interesting Herb. I can click what I want, in most sessions i lose my total BR when I keep playing. But in every session there comes a point where I'm at 20. Do you know how these nr's are picked Herb?

Maybe KFS can test this on a million spins.
Title: Re: a gambler's ruin exercise.
Post by: Wally Gator on January 10, 2009, 07:54:01 PM
Herb, I was playing around with this.  My conclusion is that if your goal is +1 and you're able to walk out when that happens then you'll achieve your goal ......  not a question of winning or losing it's a question of leaving.