Gambler's Ruin problems are a very specific type of problem common in certain advanced probability and statistics courses, as well as certain College Entrance Exams - they come in various guises which, once spotted, are not that difficult to answer, even though they look next to impossible without practice. The Gresty Academy series of 'A Crash Course in...' podcasts aim to help anybody who needs to understand and excel in a topic quickly. Hence in our podcasts there is very little general introductory irrelevant 'waffle', instead we dive straight into discussing and answering exam-style questions, specifically designed to highlight and illustrate the main knowledge, skills, techniques and tricks needed in order to get up to speed very quickly in the topic. Join the Gresty Academy YouTube channel to get access to perks: youtube.com/channel/UCuC1Ys-7XLOXPkfYx-Q3VBg/join