Yesterday being ANZAC Day prompted news stories of the game Two Up, where two coins are flipped and punters bet on either two heads or two tails coming up. Neither punter wins when one of each occurs.
I happened to be talking with someone who had played a bit of Two Up. To my comment that it is the fairest game to bet on, he replied; “Except at the casino. If one of each comes up four times in a row the house takes all current bets.”
The chance of one of each occurring four times in a row is binomial with probability one in sixteen, but the astute gambler and wants to know the expected number of throws before this occur four times successively.

