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Or you're lucky. One time a friend of mine was describing his fool-proof plan to win at Roulette. I jokingly asked, "What, double your bet when you lose?". He r
by function_seven 12y ago
Or you're lucky. One time a friend of mine was describing his fool-proof plan to win at Roulette. I jokingly asked, "What, double your bet when you lose?". He replied—in all seriousness—"No, triple it!"
I then argued with him about the money he would likely lose implementing his plan. He said, "what are the odds the ball will land on red five times in a row?". (We were ignoring the existence of the green 0 and 00). I took out a quarter, flipped it seven times, and it landed heads every time. This happened straight-away.
That was a random sequence, it was all 0s, and I'd like to think he was lucky that it happened that way, and convinced him to abandon his plan.
But I was also lucky. I had intended to demonstrate this, and was prepared to be flipping the coin hundreds of times until the run of 0s came up. You could say I was predicting the next result correctly 100% of the time on those first 7 flips. But my ability to predict the results didn't show their non-randomness, instead it showed my "luckiness". Which really means they weren't predictions at all, I guess.
- deutronium 12y agoThat's called the Martingale betting system, and yeah it requires a gambler with infinite wealth
- neotek 12y agoAnd a table with no maximum betting limit.