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#1271easyProbability

Gambler's Ruin I

Asked at:Hudson River Trading

Player M has 1 dollars and player N has 2 dollars. Each game gives the winner 1 dollar from the other. As a better player, M wins 23\frac{2}{3} of the games. They play until one of them is bankrupt. What is the probability that M wins?

Enter your answer rounded to 5 decimal places.

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