**Calculating
Expected Losing Streak Gambling Sequences**

The formula for calculating expected losing sequences is as follows:

1
divided by (Losing Strike Rate divided by 100) to the power of
'number of run of outs'.

Important
note: The Losing Strike Rate is 100 minus the Win Strike Rate.

Here
is an example for a system with a winning Strike Rate of 28% to
see how often you should experience a sequence of, say, 14 losers
in a row:

=1/(72/100)^14

=1/.72^14

=99.35

=99 (rounded)

The
"conclusion" is therefore that every 99 bets you may
expect to see 14 losers in a row.