
The basic meaning of gambler's ruin is a gambler's loss of the last of his bank of gambling money and consequent inability to continue gambling. "Gambler's ruin" is also sometimes used to refer to a final large losing bet placed in the hopes of winning back all the gambler has lost during a gambling session.
More generally however the phrase refers to the ever decreasing expected value of a gambler's bank as he continues to gamble with his winnings.






Towers and the Bridge Suite of Atlantis Paradise Island
