gambler's ruin

(redirected from D'Alembert system)

gambler's ruin

[¦gam·blərz ′rü·ən]
(statistics)
A game of chance which can be considered to be a series of Bernoulli trials at which each player wins a specified sum of money for every success and loses another sum for every failure; play goes on until the initial capital is lost and the player is ruined.