The Gambler’s Ruin was a theory that described an evolutionary phenomenon. The theory utilizes the model of a gambler who consistently bets on a coin-toss game. Even though the probability of the coin landing either wait is 50-50, in the end the probability is zero. The gambler ultimately loses it all, even though he may have streaks of wins and losses. However, the theory postulates that once a losing streak is begun, the probability of continuing it is greater. Ian Malcolm utilized the theory to explain why he was so concerned about the eggs being stolen by Lewis Dodgson.
