Quote:
Originally Posted by gold9er
ill bet you i can win 60% of the time i predict. but not predict every coin toss back to back.
the law of averages works out. past results affect future performance
but the short time can show a pattern
but i have a question. lets say you are flipping a coin every 5 seconds in rhythm and you have 4 tails in a row.
you take a 30 min break.
would that coin remember the pattern and likely land on tails next time?
probally not.
look for the pattern.
something to think about huh.
Does it matter the kind of coin? Do different denominations or different currencies have different memories? Is the memory a binary thing, or doe the odds change as a linear function of time?
And I am confused. If a coin has hit heads five in a row, does the next flip come up heads because a pattern has been established, or does it come up tails because the coin has a memory and knows it has to regress to the mean?
Is there any way, other than waiting 30 minutes, to make the coin 'forget'?
