The FFR Credit Gambling Thread - Whine & Gloat HERE!

[hi19hi19]

rofl all you people doing all this math


there is no "strategy" for straight coin flips. 50/50 probability does NOT nessecarily mean that it will even out to 50/50 within a certain timeframe. Perhaps theoretically at infinity you reach 50/50 each time, but I can't comprehend the math you'd go to prove that kind of thing 0_o

At a short timeframe that you guys are dealing with (like, less than billions of bets) it's all luck, minus what the house takes.
Think if you get T-T-T. What's the next one going to be? By rauchster's logic, apparently it's more likely to be heads. As in, the NONPARTIAL & MEMORY-LESS coin is going to be weighted toward heads because it knows that it should start evening out to 50-50 about now. wtf? I don't get that logic.

EDIT- rauchster, your fallacy is assuming that an individual event consists of 4 coin flips. If the gambling game were based on a comparison of 4 flips, then each individual event would be more likely to tend toward 50-50 in the final tally. But you haven't proved anything there, because we all know that it's less likely to get T-T-T-T than any one of the 6 combinations of 2H & 2T. The thing is, the next flip after you get T-T-T-T is still just 50/50 to be T again, not influenced by the previous flips. You've confused combinations with permutations, I think XD


Comparing it to poker is just laughable, because in poker it's possible to bluff, read people's tells, calculate odds... all of which take a lot more skill than pressing a button with 50/50 chance of winning.









And the house wins in the end. Which is especially funny, because in this case, the house is just vaporizing their takings for the pleasure of watching all you go broke rofl