- #1

- 4

- 0

I have only had two classes on using Matlab since September, thus I am not very experienced.A gambler has £1 to gamble, he plays a game in which the probability of winning and losing are equal. If he wins he gains a pound, and loses a pound if he does not win. He starts with £1 and must stop once he has no money remaining. He has a goal of £100, if he achieve this he will stop and consider himself to have beat the casino. What is the probability of the gambler winning?

To complete this problem I know I need to use nested For loops but I just don't know where to start, so any guidance would be appreciated very much.