I start life at $0$, I aim to make it to $1$. I can take steps of $\dfrac{1}{2^k}, k>0$, and do so with probability $\dfrac{1}{2^k}$.
What is the expected number of steps to reach $1$ or beyond. What is the probability I will land on $1$?
APPENDUM:
$\begin{array} {c|c} values&expected\\ \hline 222&2\\ 22N&2\\ 2N2&3\\ N22&3\\ NN2&?\\ N2N&?\\ 2NN&?\\ NNN&? \end{array}$
Let $2$ be the event that we walk $\dfrac12$, and $N$ that we don't. We have $8$ outcomes, but we don't know the value of $?$, so let it be $5$ for those with one $2$, on the grounds that we will need on average $2$ more throws to 'guarantee' a $2$, and $7$ for $NNN$. So the expected value is $\dfrac{32}{8}=4$. This obviously needs some refinement.