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2022 CCA Math Bonanza
L1.2
Gambling is bad
Gambling is bad
Source:
April 28, 2022
Problem Statement
Xonathan Jue goes to the casino with exactly \
1000.
E
a
c
h
w
e
e
k
,
h
e
h
a
s
a
1000. Each week, he has a
1000.
E
a
c
h
w
ee
k
,
h
e
ha
s
a
1/3
c
h
a
n
c
e
o
f
b
r
e
a
k
i
n
g
e
v
e
n
a
n
d
chance of breaking even and
c
han
ceo
f
b
re
akin
g
e
v
e
nan
d
2/3$ chance of losing \$500. Evaluate the expected amount of weeks before he loses everything.2022 CCA Math Bonanza Lightning Round 1.2
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