With a coin toss, you have the probability of 99% that you will get 1 head in 10 coin tosses.
If you play a game where there is a 99% failure rate and a 1% win rate, how many times would you need to play to be sure that you will get one win?
With a coin toss, you have the probability of 99% that you will get 1 head in 10 coin tosses.
If you play a game where there is a 99% failure rate and a 1% win rate, how many times would you need to play to be sure that you will get one win?
Before to start playing the probability of winning in $n$ rounds is: $$p_n=1-(1-p)^n$$ where $p\le 1^-$ is probability of losing at any coin toss. The to make sure of winning you must have (!): $$1-(1-p)^n=1 \\ (1-p)^n=0 \\ n=\infty \quad(!!!)$$ Then to make sure of winning you must toss $\infty$ times . So start form right now!! Are you patient enough?!?!