New to the forum. It's nice to find a forum in this area. I hope someone can help me out. My goal is to determine if it is possible to calculate the probabilities of a number of sequence(s) occurring in independent random events (such as a coin toss). So for Eg. If I were playing a game in which only 2 outcomes were possible and I classified one of the events as being a success having a 40% chance of occurring, in a test of 10000 events, could I determine with little error, the probabilities of how many successes occurring consecutively and estimate the maximum consecutive outcomes. On the flip side, is it also possible to determine the probability of the streak ending after a certain run??

Hoping someone knows this. Thanking you in advance.