[jba]

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Isnt this the same thing as saying "if someone gave you the option to call heads are tails and if you win the coin toss you get 8 dollars if you lose you pay 1 dollar...how many times would you make this bet.

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no it isn't because you are not allowed to decrease your stack between hands

this is closer to "if it's head I get 8 dollars, tails you get 1 dollar; if I win, the bet for the next flip is heads I get 64 dollars, tails you get 8 dollars, etc." the point being you are risking all of your money as long as he has you covered.

this is also similar to who wants to be a millionare only without the stop loss.