3 ms·
If it's a temporarily biased coin, you can make some money off of it.
by vlasev 8y ago
If it's a temporarily biased coin, you can make some money off of it.
- pbhjpbhj 8y agoIf it's a fair coin you can make money off it, and convince yourself you can predict the "market" "because the coin is biased" ... but it's just 'luck' (ie statistical anomaly).
- HeadsUpHigh 8y agoIt evens out in the long run so this doesn't apply to this person's trading.
- pbhjpbhj 8y agoI think that's a statistical misunderstanding. It's likely to even out; across a population it will even out. An individual however can get "more heads than tails" by chance.