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Can excel create this type of coin toss simulator?
Hi all,
appreciate if anyone can create this excel spreadsheet simulation: User input: T= Total number of tosses, e.g. T=1000 W=Winning probability% of each toss e.g. 0.5 (= fair) N = number of latest tosses without the occurrence of 2 consecutive Heads or Tails e.g, N=7 e.g, For bets on Heads (vice-versa for Tails), If there is No occurrence of 2 Consecutive Heads within the last N=7 tosses, then on the next appearance of a Head (could be one or more tosses after N), place first bet 1 on the next toss on Heads. If Heads appears on next toss, +1 is added to Balance Total(cycle ends), otherwise, 1 is subtracted. If Tails subsequently continues to appear, do not place next bet until the next Head appears. When that Heads appears, place bet 2 on the next toss on Heads. If Heads appears on next toss, +2 is added to Balance Total(cycle ends), otherwise, 2 is subtracted. If Tails subsequently continues to appear, do not place next bet until the next Head appears. When that Heads appears, place bet 4 on the next toss on Heads. If Heads appears on next toss, +4 is added to Balance Total, otherwise, 4 is subtracted. CYCLE ENDs here regardless it is a win or loss.(SAFER martingale) Wait for the next Non-occurrence of 2 Consecutive Heads or Tails within the latest N=7draws to start the new cycle. Plot Balance Total chart over T number of tosses. Thanks, Scalpmaster |
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