Heads will be called on coin toss?

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  • David
    SBR Wise Guy
    • 08-11-05
    • 875

    #1
    Heads will be called on coin toss?
    From Pinnacle...

    Yes -173
    No +160

    Why heads?
  • raiders72001
    Senior Member
    • 08-10-05
    • 11135

    #2
    Heads always called. It's a macho type of thing in the Super Bowl. Tails sounds wimpy.

    I forget the percentage but according to past results heads is a great bet.
    Comment
    • Illusion
      Restricted User
      • 08-09-05
      • 25166

      #3
      For a 50/50 bet I will take a chance with no. I don't care how wimpy it sounds.
      Comment
      • magnavox
        SBR Wise Guy
        • 08-14-05
        • 575

        #4
        Originally posted by Illusion
        For a 50/50 bet I will take a chance with no. I don't care how wimpy it sounds.
        This is certainly NOT a 50/50 bet.
        Comment
        • isetcap
          SBR MVP
          • 12-16-05
          • 4006

          #5
          Originally posted by magnavox
          This is certainly NOT a 50/50 bet.
          Correct. In fact, it's blatantly obvious that Pinnacle knows this very well and is begging for Illusion and others to bet the 'no'.

          Does anyone really think that the wonderful people at Pinnacle don't know what they're doing, EVER?
          Comment
          • isetcap
            SBR MVP
            • 12-16-05
            • 4006

            #6
            This is certainly an instance where past performance is a powerful indicator of probability. That is why this is not a 50/50 bet. I hope you don't take the 'no', Ill, but you're one of the best cappers I've seen so I'm sure you'll figure it out on your own.

            If you still say NO, then Pinnacle better move that line!
            Comment
            • imgv94
              SBR Posting Legend
              • 11-16-05
              • 17192

              #7
              I'm with Illusion. I am betting tails..
              Comment
              • isetcap
                SBR MVP
                • 12-16-05
                • 4006

                #8
                Originally posted by imgv94
                I'm with Illusion. I am betting tails..
                Oops! Everybody please disregard all my previous posts on this topic. Illusion and IMG are on NO.

                New Line--

                Heads
                Yes : +900
                No: -1000
                Comment
                • imgv94
                  SBR Posting Legend
                  • 11-16-05
                  • 17192

                  #9
                  LOL iset. I have 2 free bets on the coin toss both went on Tails.. -100..
                  Comment
                  • raiders72001
                    Senior Member
                    • 08-10-05
                    • 11135

                    #10
                    Oops! Everybody please disregard all my previous posts on this topic. Illusion and IMG are on NO.

                    Heads
                    Yes : +900
                    No: -1000
                    No disrespect to Illusion or Img but this is funny.
                    Comment
                    • isetcap
                      SBR MVP
                      • 12-16-05
                      • 4006

                      #11
                      Originally posted by raiders72001
                      No disrespect to Illusion or Img but this is funny.
                      Believe me, Raiders, I am not disrespecting them at all. Both of them are incredibly hot right now. I can't remember the last time Illusion lost a football wager and IMG is tearing up the hardwood.

                      Pinnacle should be rethinking their position...
                      Comment
                      • imgv94
                        SBR Posting Legend
                        • 11-16-05
                        • 17192

                        #12
                        Illusion is hot! I am hotter though cause he is betting Seattle
                        and Seattle is going to lose!!! Go Pittsburgh!! Bet is for
                        whatever Seattle is going to call not what the coin toss turns out
                        2 be. Maybe heads is the right way to go on this bet..
                        Comment
                        • fixxer
                          SBR MVP
                          • 09-13-05
                          • 1877

                          #13
                          How is it possible, that the chances are not equal on a coin toss, which is 50/50 for sure....I mean c'mon, coin tossing is coin tossing....50/50....

                          Anways, isn't it sound a little silly to bet on a coin toss? It's like the casino red-black bet, just with a little more chance, and little lower odds...
                          Comment
                          • fixxer
                            SBR MVP
                            • 09-13-05
                            • 1877

                            #14
                            Nah, Seattle is going to win!
                            Comment
                            • imgv94
                              SBR Posting Legend
                              • 11-16-05
                              • 17192

                              #15
                              Nah Pittsburgh is going to win!!!
                              Comment
                              • ganchrow
                                SBR Hall of Famer
                                • 08-28-05
                                • 5011

                                #16
                                Originally posted by fixxer
                                How is it possible, that the chances are not equal on a coin toss, which is 50/50 for sure....I mean c'mon, coin tossing is coin tossing....50/50....
                                The bet isn't on the coin toss itself, but rather on the side called.

                                Anways, isn't it sound a little silly to bet on a coin toss? It's like the casino red-black bet, just with a little more chance, and little lower odds...
                                Playing red/black roulette (or any other roulette bet other than 0-00-1-2-3) your expected loss is the same as if you were bet the outcome of the cointoss at approx. -111.8.
                                Comment
                                • fixxer
                                  SBR MVP
                                  • 09-13-05
                                  • 1877

                                  #17
                                  Sorry, you are right, I didn't read carefully the title of the topic


                                  About the chances....to win a coin toss bet, isn't the chance of winning is 50% ?

                                  In roulette (0-1-2-3), the chance of winning a red/black bet is 18/37= 48, 648% ? So why is the expected loss is the same in both?
                                  Comment
                                  • ganchrow
                                    SBR Hall of Famer
                                    • 08-28-05
                                    • 5011

                                    #18
                                    Originally posted by fixxer
                                    About the chances....to win a coin toss bet, isn't the chance of winning is 50%?
                                    Of course.

                                    Originally posted by fixxer
                                    In roulette (0-1-2-3), the chance of winning a red/black bet is 18/37= 48, 648% ? So why is the expected loss is the same in both?
                                    In single zero roulette (37 number roulette), your expectation is 18/37 - 19/37 ≈ -2.70%.

                                    If you place a bet on an event which occurs with 50% probability and risk roughly $105.71 to win $100 then your expectation is 0.5/1.0571 - .5 ≈ -2.70%.

                                    Hence, in single zero roulette your expected loss is the same as your expected loss when betting the outcome of the coin toss at a ML of approx. -105.71.
                                    Comment
                                    • fixxer
                                      SBR MVP
                                      • 09-13-05
                                      • 1877

                                      #19
                                      Again you are right, I realised that the oddses for the coin toss are not 2.0 / 2.0
                                      I played Will Hill coin toss game a few times, the oddses are 2.0 / 2.0 there, but there is a chance (1/32) for a "you lose no matter what u bet" result....
                                      Comment
                                      • RickySteve
                                        Restricted User
                                        • 01-31-06
                                        • 3415

                                        #20
                                        Originally posted by fixxer
                                        Again you are right, I realised that the oddses for the coin toss are not 2.0 / 2.0
                                        I played Will Hill coin toss game a few times, the oddses are 2.0 / 2.0 there, but there is a chance (1/32) for a "you lose no matter what u bet" result....
                                        Comment
                                        • raiders72001
                                          Senior Member
                                          • 08-10-05
                                          • 11135

                                          #21
                                          I don't know if I buy into this but the coin used for the Super Bowl is said to be top heavy increasing the odds of heads being tossed.

                                          Even if it were top heavy would that increase the odds of heads? I have no idea, maybe someone else does.
                                          Comment
                                          • docdekay
                                            SBR Hustler
                                            • 11-29-05
                                            • 76

                                            #22
                                            More unsubstantiated bullsh*t being propogated on the forums, as usual ............



                                            I'm not saying yes/or no is good, but what amazes me is how many people take what they read as universal truth.
                                            Comment
                                            • fixxer
                                              SBR MVP
                                              • 09-13-05
                                              • 1877

                                              #23


                                              No, the situation is not THAT bad RickySteve I only played with that game with poker freeroll winnings
                                              Comment
                                              • hanco21
                                                SBR MVP
                                                • 01-19-06
                                                • 3414

                                                #24
                                                Tails never fails
                                                Comment
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