Coin-Flip Race to Four: Game Length and a Conditional Win Probability

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Quick Overview

This question evaluates discrete probability skills including combinatorics, conditional probability, and reasoning about stopping rules for independent Bernoulli trials.

Coin-Flip Race to Four: Game Length and a Conditional Win Probability

Company: Jane Street

Role: Quantitative Trader

Category: Machine Learning

Difficulty: easy

Interview Round: Technical Screen

Two players play a coin-flipping game with a single fair coin. The coin is flipped once per round. Every heads counts for Player 1, and every tails counts for Player 2. Player 1 wins the moment the coin has landed heads 4 times in total; Player 2 wins the moment it has landed tails 4 times in total. The game stops immediately when either player wins. ### Constraints & Assumptions - The coin is fair: each flip is heads or tails with probability $1/2$, and flips are independent. - One shared coin is flipped once per round (the players do not flip separate coins). - The counts are cumulative totals over the whole game, not consecutive runs. - The game ends immediately at the flip on which one player's count reaches 4. ### Clarifying Questions to Ask - Is the coin fair, and are the flips independent? - Is there one shared flip per round (heads credits Player 1, tails credits Player 2), or does each player flip their own coin? - Do the four heads/tails need to be consecutive, or are they cumulative totals? - Does the game stop the instant one player reaches 4, or do we always flip a fixed number of rounds? ### Part 1 What is the maximum possible number of rounds the game can last? In other words, after how many rounds is a winner guaranteed? ```hint Pigeonhole After $n$ flips, the head count and the tail count sum to exactly $n$. How large does $n$ have to be before $\max(\text{heads}, \text{tails}) \ge 4$ is forced? Also check that the bound is achievable — exhibit a sequence that lasts that long. ``` #### What This Part Should Cover ```premium-lock What This Part Should Cover ``` ### Part 2 What is the probability that the game lasts the full 7 rounds — that is, a 7th flip is actually needed to decide the winner? ```hint Translate to the first six flips The game reaches round 7 exactly when neither player has won during rounds 1–6. Express that as a condition on the number of heads among the first 6 flips, then count sequences with a binomial coefficient. ``` #### What This Part Should Cover ```premium-lock What This Part Should Cover ``` ### Part 3 Now suppose you are told two facts: the game lasted the full 7 rounds, and among the first three rounds there were exactly two heads and one tail. Given this information, what is the probability that Player 1 won the game? ```hint Which flip decides the winner If the game reached round 7, what must the score have been after round 6? Then who wins is determined entirely by a single flip. ``` ```hint Red-herring check Given that the game lasted 7 rounds, does the extra detail about the first three rounds tell you anything about the deciding flip? Remember the flips are independent — you should not need a long Bayes computation. ``` #### What This Part Should Cover ```premium-lock What This Part Should Cover ``` ### What a Strong Answer Covers ```premium-lock What a Strong Answer Covers ``` ### Follow-up Questions - Generalize: if Player 1 needs $n$ heads and Player 2 needs $n$ tails, what is the maximum game length, and what is the probability the game lasts the full $2n-1$ rounds? - Suppose the coin is biased with $P(\text{heads}) = p$. Given that the game lasted 7 rounds, what is the probability Player 1 won? Does the first-three-rounds information matter now? - What is the expected number of rounds the game lasts with a fair coin? - This game is equivalent to a best-of-7 playoff series between evenly matched teams. What is the probability such a series goes to a game 7, and why does it match your Part 2 answer?

Overview: This question evaluates discrete probability skills including combinatorics, conditional probability, and reasoning about stopping rules for independent Bernoulli trials.

Read the full Jane Street Quantitative Trader interview experience this question came from

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Jul 22, 2025
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Two players play a coin-flipping game with a single fair coin. The coin is flipped once per round. Every heads counts for Player 1, and every tails counts for Player 2. Player 1 wins the moment the coin has landed heads 4 times in total; Player 2 wins the moment it has landed tails 4 times in total. The game stops immediately when either player wins.

Constraints & Assumptions

  • The coin is fair: each flip is heads or tails with probability 1/21/2 , and flips are independent.
  • One shared coin is flipped once per round (the players do not flip separate coins).
  • The counts are cumulative totals over the whole game, not consecutive runs.
  • The game ends immediately at the flip on which one player's count reaches 4.

Clarifying Questions to Ask Guidance

  • Is the coin fair, and are the flips independent?
  • Is there one shared flip per round (heads credits Player 1, tails credits Player 2), or does each player flip their own coin?
  • Do the four heads/tails need to be consecutive, or are they cumulative totals?
  • Does the game stop the instant one player reaches 4, or do we always flip a fixed number of rounds?

Part 1

What is the maximum possible number of rounds the game can last? In other words, after how many rounds is a winner guaranteed?

What This Part Should Cover Premium

Part 2

What is the probability that the game lasts the full 7 rounds — that is, a 7th flip is actually needed to decide the winner?

What This Part Should Cover Premium

Part 3

Now suppose you are told two facts: the game lasted the full 7 rounds, and among the first three rounds there were exactly two heads and one tail. Given this information, what is the probability that Player 1 won the game?

What This Part Should Cover Premium

What a Strong Answer Covers Premium

Follow-up Questions Guidance

  • Generalize: if Player 1 needs nn heads and Player 2 needs nn tails, what is the maximum game length, and what is the probability the game lasts the full 2n−12n-1 rounds?
  • Suppose the coin is biased with P(heads)=pP(\text{heads}) = p . Given that the game lasted 7 rounds, what is the probability Player 1 won? Does the first-three-rounds information matter now?
  • What is the expected number of rounds the game lasts with a fair coin?
  • This game is equivalent to a best-of-7 playoff series between evenly matched teams. What is the probability such a series goes to a game 7, and why does it match your Part 2 answer?
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