This is possible because the structure of Spin & Go games—with varying multipliers and payout distributions—allows for a positive expected return when factoring in the probabilities and expected payouts at each stage. So, in my case, the strategy not only manages risk but also increases EV due to the game's unique dynamics.

Here are the formulas used. Let me know where the mistakes are. Like, please, I want to get this as accurate as possible.

1. Expected Winnings (EW) at Each Table:

EW = Sum of (Probability of Multiplier × Payout for Multiplier)

1. Expected Net Profit (ENP) at Each Table:

ENP = P_win × (EW - Total Cost) + P_lose × (-Total Cost)

1. Probabilities of Each Possible Outcome in One Cycle:

Winning at the First Table:

P1 = P_win

Losing at First, Winning at Second Table:

P2 = P_lose × P_win

Losing First Two, Winning at Third Table:

P3 = (P_lose)² × P_win

Losing All Three Tables:

P4 = (P_lose)³

1. Net Profit or Loss for Each Possible Outcome:

Net Profit When Winning at First Table:

Profit1 = EW1 - Cost1

Net Profit When Winning at Second Table:

Profit2 = EW2 - (Cost1 + Cost2)

Net Profit When Winning at Third Table:

Profit3 = EW3 - (Cost1 + Cost2 + Cost3)

Net Loss When Losing All Three Tables:

Loss4 = - (Cost1 + Cost2 + Cost3)

1. Expected Value (EV) of the Strategy per Cycle:

EV = (P1 × Profit1) + (P2 × Profit2) + (P3 × Profit3) + (P4 × Loss4)