You are here

Bold Play Is Best: A Simple Proof

by Richard Isaac (Lehman College, CUNY)

This article originally appeared in:
Mathematics Magazine
December, 1999

Subject classification(s): Statistics and Probability | Probability | Elementary Probability
Applicable Course(s): 7.2 Probability

A general version of the gambler's ruin problem is solved by elementary means.


A pdf copy of the article can be viewed by clicking below. Since the copy is a faithful reproduction of the actual journal pages, the article may not begin at the top of the first page.

To open this file please click here.

These pdf files are furnished by JSTOR.

Classroom Capsules would not be possible without the contribution of JSTOR.

JSTOR provides online access to pdf copies of 512 journals, including all three print journals of the Mathematical Association of America: The American Mathematical Monthly, College Mathematics Journal, and Mathematics Magazine. We are grateful for JSTOR's cooperation in providing the pdf pages that we are using for Classroom Capsules.

Capsule Course Topic(s):
Probability | Famous Problems, Gambler's Ruin
Average: 2.8 (20 votes)

Dummy View - NOT TO BE DELETED