View Full Version : Sklansky's problem translated into Clear

08-08-2002, 01:39 PM
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

08-08-2002, 03:12 PM
201/301. Same as probability of not losing $201 to the guy with $100.