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Old 12-17-2003, 09:17 PM
MrBlini MrBlini is offline
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Join Date: Sep 2003
Posts: 333
Default Re: Long Run Probability Question

You'll keep the bankroll with probability very, very near one.

The rate at which the risk goes to zero in this example is a rapid exponential, much faster than the constant rate at which the number of hands goes to infinity. The sum of the risk of ruin over all hands is hardly any more than the risk of ruin during the first 120 hands.
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