Two Plus Two Older Archives - Sklansky's problem translated into Clear

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08-08-2002 01:39 PM

Sklansky\'s problem translated into Clear

You are playing a coin flip freezout with someone for a dollar a pop using a fair coin. You have $500 and he has $100. You play until one of you is broke. What are the chances you will win his hundred without ever having a smaller stack than he does.

08-08-2002 02:40 PM

Clear semantics !

200/300

08-08-2002 03:12 PM

Re: Sklansky\'s problem translated into Clear

201/301. Same as probability of not losing $201 to the guy with $100.

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