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If expectancy of winning N consecutive times is X. And payout for each round won is $5. Then how to calculate expected payout for winning N consecutive time.

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This doesn't make much sense to me. What do you mean by "Expectancy of winning $N$ consecutive times?$ Do you mean the probability of winning $N$ consecutive times? –  Brett Frankel Apr 29 '12 at 3:03

1 Answer 1

Maybe I'm missing something, but if the payout for each round won is $\$5$, shouldn't the payout for $N$ wins in a row be $\$5N$?

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