Jacob and Thomas are playing a game sequentially. Thomas, being the better player, wins each round with probability p =
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Jacob and Thomas are playing a game sequentially. Thomas, being the better player, wins each round with probability p =
Jacob and Thomas are playing a game sequentially. Thomas, beingthe better player, wins each round with probability p = 0.8. Winnerof each round takes $1 from the other player. Thomas starts with $5and Jacob with $10. What is the probability that Thomas will wipeJacob out? What if Thomas starts with $10 and Jacob with $20?