The FFR Credit Gambling Thread - Whine & Gloat HERE!

[andili]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

Yay, now that I sense a bit of pattern in this game....I earned 70k extra fweee. I agree with Izzy though, you have to be patient...or everything will just go down the drain.

[Commandersa1]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

What this means is, although EVERY game is technically 50/50, if you look at the trends of the big picture, you realize that long winning and losing streaks are rare, because of the law of averages.

Even though it's technically a 50/50 chance to win or lose after 5 losses in a row, it's actually much more rare to lose 6 times in a row than it is to win 1 out of 6. And it's exceedingly rare to lose eight in a row.

No strategy... Dx

10 23 hours ago Lost
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10 yesterday Lost
10 yesterday Lost
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10 2 days ago Lost

Also:

100 2 days ago Lost
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[[HectoGtzMX]]

/\
|

I lol'd... anyway, I'll just keep on playing with my strategy-less way of playing. Bye!

[tofurox]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

I just did a bunch of smaller ones. With a few random 100Grands.

[I like it]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

I went from 50K to 100K to 1 I hate life.

[Beethovens mask]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

I went from 50K to 100K to 1 I hate life.

But life loves you.

[tofurox]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

I went from 143K to 1 Million today!

[I like it]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

But life loves you.

I hope so

[tofurox]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

I LOST 5 10,000 Credit bets in a ROW!
I diped under 1,000,000 xD!

[CAFK]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

I was #1 for the Best Win ratio...now I'm down to #10. I'm trying to get back between #1 and #5 spots.

[rauchster]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

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

Sigged.
With minor addition of name.
Thanks Beethoven.

[cry4eternity]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

bye bye 25k credits...
dang gambling binges, "I have to win eventually... I'll just keep betting the next amount up till I win"
I didn't win

[rauchster]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

No strategy... Dx

10 23 hours ago Lost
10 23 hours ago Lost
10 23 hours ago Lost
50 23 hours ago Lost
10 yesterday Lost
10 yesterday Lost
10 yesterday Lost
10 yesterday Lost
10 yesterday Lost
10 yesterday Lost
10 2 days ago Lost

Also:

100 2 days ago Lost
100 2 days ago Lost
100 2 days ago Lost
100 2 days ago Lost
1000 2 days ago Lost
50 2 days ago Lost
10000 2 days ago Lost
10000 2 days ago Lost
10000 2 days ago Lost

There IS strategy.
I never said it wasn't possible that you won't get massive losing streaks.
I also never said it wasn't possible to get massive winning streaks.
Theoretically, You have the EXACT same chance of getting 100 wins in a row as getting any other individual combination of Wins/Losses. Why is it so uncommon for people to get 100 wins in a row? Because the law of averages is working against them. When you play 100 games of FFR Gambling, it is akin to flipping a coin 100 times.

What NORMALLY happens when you flip a coin 100 times. You'll end up with approximately 50 heads and approximately 50 tails. Now, there are always variations, but that is common.

I'll give you the short explanation why.
Using 4 coin flips as a demonstration:
The possible combinations are:
H-H-H-H
H-H-H-T
H-H-T-H
H-T-H-H
T-H-H-H
H-H-T-T
H-T-H-T
H-T-T-H
T-H-H-T
T-H-T-H
T-T-H-H
H-T-T-T
T-H-T-T
T-T-H-T
T-T-T-H
T-T-T-T

ALL of these have an EQUAL opportunity of happening. The total number of possibilities is 2^(Total number of rolls)
But note something. There is only ONE time where you get all heads. There are SIX times when you get 2 heads and 2 tails. Therefore you only have a 1 in 16 (6.25%) chance of winning (or losing) four in a row. Whereas you have a 6 in 16 chance (37.5%) of splitting 50/50.

To take this to a whole different level.
When you flip a coin 100 times (or 100 coins whichever), there are 1,267,650,600,228,229,401,496,703,205,376 different possible outcomes.
And yet, there is still only ONE combination that allows for 100 wins in a row. This has a 0.00000000000000000000000000000078886090522101180541172856528279% chance of happening
Whereas, there are over a QUADRILLION TRILLION combinations that allow for between 45 to 55 wins. (yes, that IS worded correctly)

So as you can see.
The longer a streak goes on, the more likely it is to break.

I hope I don't have to continue explaining this.

[iluswirl]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

Gambling and I are love/hate. Up to 30k, down to 15k, up to 40k, down to 80, up to 1k. And here I sit, debating if I should try and gamble some more.

[andili]

Re: The FFR Credit Gambling Thread - Whine & Gloat HERE!

Just as I was doing good...I made a dumb decision to bet 100k.
Then..it went down hill from there..
I am now...on the biggest negative decrease