It is, on average, a losing strategy, but if you're going to gamble... The brainless should not be in banking. — Willem Buitler
So the question, as expected, is whether you win before you run out of liquidity... In the long run, we're all dead. John Maynard Keynes
However, the expected number of bets to achieve the outcome is infinite, since the strategy is nonintegrable, and while one game might(!) let you win 1 with certainty, in repeated games you will run out of money, or if you have infinite funds, you will fail to achieve any strictly positive rate of winnings in the long run (and depending on how you compute the rate of winnings, you could fail to achieve any finite negative rate of winnings either, ie the losses can't be usefully limited). -- $E(X_t|F_s) = X_s,\quad t > s$