Lets say you're trying to draw n cards, each higher than the last. How likely are you to succeed in consecutively drawing higher for a given starting number & number of iterations?
Somebody said to add my thoughts to the question! We've had a lot (my brother and i are trying to solve it!) so wait just a few minutes while I write it all out!
So first we tried by thinking about some easy cases. Lets say you only wanted 3 consecutive higher draws. If you drew a king or a queen you're done right off the bat, the odds of that are 8/52. If you drew a Jack, you have to get the sequence of JQK to succeed. That's $4/52* 4/51*4/50$. From this we can't yet establish too much, but we found a general way to answer this problem for three draws. If you start with a Jack, there is one way, a 10 in three ways, a 9 in six ways, an 8 in 10 ways... each drop in card number adds one more positive outcome than the last drop did (K-Q added zero, Q-J added one, J-10 added two, 10-9 added three etc). So the equation is $1(4/52 * 4/51 * 4/50) + 3(4/52 * 4/51 * 4/50) + 6(4/52 * 4/51 * 4/50)... + 66(4/52 * 4/51 * 4/50)$. (<- if we aren't mistaken)
Around here is where we have gotten stuck as brute force gets more difficult and we don't yet have an overarching formula to apply.
Any ideas of where to go from here to apply this to higher numbers of draws?
BIG EDIT (unless we're super wrong... not 100% sure of proper math notation) Okay... so our thought process from where we left off is as follows:
If we're drawing four cards instead of three, the sum is the same except the 66 term is lobbed off (because the 1,3,6,10... series starts a number lower [in the case of 4 cards, you can't draw a jack first] and ends at the same place, thereby eliminating one term) and the inside term gains 4/49 (signifying the probability of another drawn card). The equation would be: $1(4/52 * 4/51 * 4/50 * 4/49) + 3(4/52 * 4/51 * 4/50 * 4/49) + 6(4/52 * 4/51 * 4/50 * 4/49)... + 55(4/52 * 4/51 * 4/50 * 4/49)$. Notice the similarities between the equation for drawing three cards and drawing four.
From this, we derived the (hopefully correct) formula for any number of draws. let x = number of cards you want to draw. let y = the value of the first card drawn. Note: in the following, $n_{-1} = 0$
$$\sum_{n=0}^{14-x}((n + n_{n-1} +1)*(\prod_{n=0}^{x}(4/(52-n))))$$
Posting for now, any questions will be addressed after we eat dinner.