You decide to take part in a roulette game, starting with a
capital of C0 pounds. At each round of the game you gamble £10. You
lose this money if the roulette gives an even number, and you
double it (so receive £20) if the roulette gives an odd number.
Suppose the roulette is fair, i.e. the probabilities of even and
odd outcomes are exactly 1/2. What is the probability that you will
leave the casino broke?
You decide to take part in a roulette game, starting with a capital of C0 pounds. At each round of the game you gamble £
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answerhappygod
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You decide to take part in a roulette game, starting with a capital of C0 pounds. At each round of the game you gamble £
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