Question: You have 5 and your opponent has 10 You flip

You have $5 and your opponent has $10. You flip a fair coin and if heads comes up, your opponent pays you $1. If tails comes up, you pay your opponent $1. The game is finished when one player has all the money or after 100 tosses, whichever comes first. Use simulation to estimate the probability that you end up with all the money and the probability that neither of you goes broke in 100 tosses.

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  • CreatedApril 01, 2015
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