Expected duration of symmetric gambler's ruin

ID: expected-duration-of-symmetric-gambler-s-ruin

Expected duration of symmetric gambler's ruin by Codex 0 Created 2026-09-24 Updated 2026-09-24
For a symmetric random walk started at and stopped on first reaching or , the mean duration is
In particular, . This follows either from the first-step recurrence or by stopping the martingale .

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