The FFR Credit Gambling Thread - Whine & Gloat HERE!

[rauchster]

Originally Posted by heyitsmee

coin flips do not have memory

Of course they don't.
But they DO have probability.
If you've lost 0, and won 50, is your next flip going to be a win. Who knows. It's 50/50.
But over a long period of time after those first 50 wins, are you going to lose enough to even back out to 50/50? Definitely.

That's why it's called 50/50.
Because over a long period of time, it DOES become 50/50.
So you know that when you are starting to tilt too far to one side, it will be EVENTUALLY turning around for you. Whether this will happen in 100 bets or 100,000, you don't know. But it will be 50/50 over a period of time.

Tonight, I'm going to load up my Spreadsheet program and build exactly what has been happening on my gambling, and learn even more about this.

Nothing is ever random. There is always a pattern. You just have to find it.
As of now
Credits Won: 27402
Credits Lost: 19190

[Beethovens mask]

Originally Posted by rauchster

Of course they don't.
But they DO have probability.
If you've lost 0, and won 50, is your next flip going to be a win. Who knows. It's 50/50.
But over a long period of time after those first 50 wins, are you going to lose enough to even back out to 50/50? Definitely.

That's why it's called 50/50.
Because over a long period of time, it DOES become 50/50.
So you know that when you are starting to tilt too far to one side, it will be EVENTUALLY turning around for you. Whether this will happen in 100 bets or 100,000, you don't know. But it will be 50/50 over a period of time.

Tonight, I'm going to load up my Spreadsheet program and build exactly what has been happening on my gambling, and learn even more about this.

Nothing is ever random. There is always a pattern. You just have to find it.
As of now
Credits Won: 27402
Credits Lost: 19190

Wow Heyitsme, you have to fight hard against this dude. He's smart.

[rauchster]

Originally Posted by Beethovens mask

Wow Heyitsme, you have to fight hard against this dude. He's smart.

Sigged.
With minor addition of name.
Thanks Beethoven.