Article ID Journal Published Year Pages File Type
1153400 Statistics & Probability Letters 2012 5 Pages PDF
Abstract

We derive the variance of the duration of play in the classical gambler’s ruin problem of two players with ties allowed. The variance of the game duration for the three-tower problem, one of the possible extensions of the game for the case of three players, is presented as well.

Related Topics
Physical Sciences and Engineering Mathematics Statistics and Probability
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Variance of the game duration in the gambler’s ruin problem
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