The ruin experiment

Can a fair game still wipe out a small starting balance?

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THE EXPERIMENTReady when you are

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How it works

How it works.

Absorb at 0 or target N. For p = 1/2, P(reach N) = starting balance/N.

Assumptions and limits

Unit-size independent bets. Capped trials are reported as unresolved; no gambling recommendation.

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