Hello, I'm new to this forum. About this coin flip quiz. I think this is an interesting topic when refering to progressive betting. ie.(bet 1 and lose so bet 2 and lose so bet 4 and on and on) If you had an infinite amount of money your heads/tails will eventually land and you would win 1. The problem with this idea is:-

1. There are limits on most casino's (eg. red/black on a

roulette table) might be max bet 32 if min bet 1 = this would give you the chance of (for example seven reds - the same as 5 heads -apart from green)

2. you are betting the risk of 100 for 1 on every combined betting.

Which is better odds: bet 32 in hope to get 1

or

five heads/reds landing

Also to reach a reasonable roi of say 20% of 32 you would need to do this 6-7 times in a row

Hope this is not too confusing.

My question is:- Is progressive betting worth it?