I'm not trying to convince you of anything. Let's meet and try this out!

[ ]Mathematically inclined
[ ]Intelligent
[x]Cocky
[ ]Words have weight in discussion
[ ]3 figure IQ


[x] Brain to small to comprehend that there is no need to
meet and try this when in fact I can try this myself at home
in the same sense that you can also.

[X] Got banned.

But, don't you understand, his 9th post in this thread would pretty much have to be good.

Just looked back on this lol thread... Holy ****, Bruce with the ban stick?!?!? (cowers in fear).

Dogbert

Hey guys,
Thanks for all the vigorous replies, and I will sadly have to announce here that I did misread the passage. I guess my "memory" fooled me. It was actually about a DICE game, with chances 2/3 and 1/3 because of 2 different colors the dice had I cannot believe that my common sense got lost here even when I am currently taking statistic classes!!!! Had my little blond moment there and should definitely head back into the kitchen for my boyfriend now, as the bet was making food for him everyday whatever he wanted -.- I will post a picture of the pancakes soon.

Karen

I know you lost the bet, but I would renegotiate anyway. Slavery has been outlawed. But that's me.

Masochism -- on the other hand -- is voluntary, in high demand, and very marketable.

I realize he was banned but engineerEXECUTIVE seemed to be making the point that if you start even, and then multiply your bet by five after each loss and keep betting on the same outcome (given that it's a 50% chance and you have unlimited money and only plan on running this gamble once), you will come out on top.

If you sit there with a coin and do it, you will technically come out on top. Just keep chasing your losses with hypothetical money.

This would never work if you have to flip a set number of times, or are limited by a set number of flips. Of course, you would also immediately have to bank.

A betting pattern in dollars being (100, 500, 2500, 12500, 62500, 312500, 1562500, 7812500, 39062500 ... ) you would have to spend a lot of money but hypothetically it could be done.

It might not be good gambling habits, and in the long run it can't be sustained because theoretically you COULD get 107 wrong coin flips in a row and go broke before you ever hit. But hypothetically, with no set number of flips predetermined, and progressively bet following that pattern you could hit your coin flip and immediately cash out.

This doesn't relate to roulette and I was merely trying to clarify what it seems like engineer might have been trying to say.

If you have infinite dollars, then why are you trying to win 100 more?

This strategy is just a modified Martingale (x5 instead of x2) and is a losing strategy. I'm not going to explain it here. Google Martingale.

Just hypothetically. And nobody has infinite dollars, but if you did...

If you Google Martingale, you'll see that it's a winning strategy given infinite wealth.

If you had infinite wealth, you wouldn't need to bet any money because winning wouldn't get you any more. There is no thing as infinity + 1. Infinite is not a real number it cannot be had. So that doesn't make sense.

It does make sense in theory. But fair enough.

Are you going to dwell on the cost and totally ignore the entertainment aspect of the games? And if not, how do you intend to combine them?

WHAT THE HELL DID YOU JUST WRITE?

Every flip is a new flip and has nothing to do with the previous flip. Read it again.

If you flipped a coin 5 times and it all came heads, it's still a 50/50 chance heads or tails will come on the next flip.
---
You are clearly mixing up concepts here.

If you BEFOREHAND decide that "hey, I will coinflip ten times in a row" then fine, it's likely that the distribution will be around 50:50 heads/tails.

That DOESN'T MEAN that you can yell "halt!" at the 6th number and say "well, it's heads 6 times in a row, it's 50/50 in a series of 10, it has to come tails 4 times in a row".

EACH flip is a new flip. Just because you have created a list in your head doesn't mean that that means something. So lol, if another person arrives just as you're saying "heads 6 times in a row! must be tails now!!" and he says "wow! I just flipped a coin ten times in a row and all came tails- so this one must be heads!" does his probabilty impose on your probability then?

Do you realize how silly this is? Do you realize on what kind of low level of understanding you need to be to make the assumptions you make?

Who u talking to? That mofo is banned! Bruce was all like KAPOW

+1. Read the thread first.

Actualy you are not a 100% right!
I will take that bet any day!!! How much you want to bet??

But its a coin of my choice!! I choose the coin and you can get it, so you know its not tempered with!
The advantage lies in choosing the right coin!
there is a coin where the heads side is slightly heavier than the other side!
Dont think it was on Mythbusters, but a similar show over here and when
I remember right, it was an english coin!
But Heads will win in the end when you toss it a 100 times!!!

youre right karen

Gold