How Likely Is Bankroll Ruin After a Few Bad Super Bowl Bets?

How Likely Is Bankroll Ruin After a Few Bad Super Bowl Bets?
Bankroll risk

A losing streak can shrink a Super Bowl bankroll before halftime.

A bettor sets aside $300 for Super Bowl LXI, then loses three $50 wagers before kickoff. The remaining $150 must still cover planned in-game bets. Fixed stakes become riskier as the bankroll shrinks; doubling the next wager to recover losses could wipe out the balance before the final whistle.

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