SHTH dilemma 2: Poll- The Coin Tosser

Reply #7

CASH Only — Sat, 30 Jul 2005 16:45:54 GMT

Reply #6

CASH Only — Fri, 29 Jul 2005 20:12:40 GMT

If I flip a coin, it will end up on its edge.

Reply #5

fast eddie — Sun, 10 Jul 2005 15:43:56 GMT

Always go with the trend.............Their might be an unfair advantage as to why the coin has come up heads 7 times in a row. In roulette you oculd have a basis wheel, so maybe you have a basis coin that is deformed or weighs slightly different on the head side. So always go with the trend till you see different atleast once.

Reply #4

four4me — Sun, 10 Jul 2005 15:43:45 GMT

I voted to decline the bet. In theroy i have 3 grand. There is a 50/50 chance on a coin toss of it being either heads or tails. Now if the bet was 1/2 the total amount ie 1,500 double or nothing i would take tails for the 8th toss.Now back to lottery.... the numbers favor hot and lukewarm with the longest number out being the most likley to appears at some point. hence the cold numbers have to be drawn at some point in time. Here in Maryland the number 9 hasen't been drawn in the first position... [ More ]

Reply #3

pacattack05 — Sun, 10 Jul 2005 15:31:02 GMT

The following is an excerpt from a mathematician concerning randomness: Upon the first presentation of my discovery which we will refer to as Random numberdisplacement ...or...RND, for brevity, the old belief, which is still the accepted rule ofrandom numbers by most students, was supposed to show that regardless of whathappened in the past (results), it would have no bearing on the future. In other words...if a coin was flipped 10 times and heads came up 10 times, then the odds of headsshowing... [ More ]

Reply #2

vbmx — Sun, 10 Jul 2005 15:27:04 GMT

you know this is kind of funny because i was watching a show on sucker bets on the history channel or the travel channel the other day and something similar like this was brought up. I rarely go into casinos but i guess in many casinos now, by the roulette table they have a computer screen that shows what has come up in the past 15 or so turns.. they called this the greatest scheme because there is absolutely no correlation between the last toss and the next toss and that what ever terminol... [ More ]

Reply #1

SHTh — Sun, 10 Jul 2005 14:54:39 GMT

I m hypothesising the first two options are a small indication of the type of lottery player you are, preferring to go with the trend or more mentally geared to playing the overdues. Option3 not sure what type of player that indicates. Doesn t like seemingly freaky mathematical events? Timid/Bad decision maker? Religious reasons!? Would you have voted the same way if the coin tosser had been a mechanical device

SHTH dilemma 2: Poll- The Coin Tosser

SHTh — Sun, 10 Jul 2005 14:53:22 GMT

Poll QuestionA professional roulette dealer tosses the same coin 7 times in a clinical environment. All 7 times the coin has landed on heads. You are offered the opportunity to bet $3,000 on the outcome of the next toss where you will win 2 times your stake if you guess correctly ($6,000 net profit), but if you guess incorrectly you lose your stake. Since this experiment is taking place in a clinical environment, the coin tosser will receive no indication or signal that you will place a bet on t... [ More ]