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A three-player extension of the gambler's ruin problem
Published online by Cambridge University Press: 14 July 2016
Extract
The classical two-player gambler's ruin problem is well known and has attracted a great deal of attention in the literature in various forms. Extensions of these two-player problems to three or more players do not appear to have been discussed however, and this paper is concerned with one particular extension of the problem to the case of three players.
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