Do You Take Heads or Tails Here?

[VegasDave]

Perfectly fair coin, perfectly fair flip, no nonsense.

An unbiased fair coin flipper is getting ready to flip a quarter. You want action on this, and I will offer it to you.

Heads +102
Tails -102

You have an extremely strong gut feeling it is coming Tails. You can see the TAILS symbol vividly in your mind. You get the idea, you've all had gut feelings before. Obviously you have no edge here and you know its no more likely to be heads or tails, but your gut just tells you it is coming tails.

Do you bet heads or tails?

[pat venditto]

anyone thinking of saying tails is a dumb kock boy. that means you JJ

[gordon gekko]

$5.00 on heads.

[VegasDave]

High roller eh?

[gordon gekko]

I would never bet on a coin flip... I would rather put the money on a game were I have edge..

[MonkeyF0cker]

I would never bet on a coin flip... I would rather put the money on a game were I have edge..

You don't have edge getting +102 for one side of a coinflip?

[gordon gekko]

You don't have edge getting +102 for one side of a coinflip?

Nope an extra 3 cents isn't going to convince me to bet a unit on a coin flip that's called being a degenerate..

[gordon gekko]

Hence why I said I would put $5.00 on heads for fun because your getting better odds on heads but it still comes down to a coin flip there is no edge.

[Patrick McIrish]

Prefer there be a minimum of a million flips in this proposition but would still take heads regardless.

[MonkeyF0cker]

Hence why I said I would put $5.00 on heads for fun because your getting better odds on heads but it still comes down to a coin flip there is no edge.

Wow. You really may want to rethink that statement.

[gordon gekko]

Wow. You really may want to rethink that statement.

Your probably right I am really drunk right now I have been drinking all night so whatever you say is right and I am wrong..

[MonkeyF0cker]

Heh.

[pat venditto]

im gonna go play basketball in like an hour **** sleep i'll sleep when i die.

[VegasDave]

No one admits to going with their gut thus far eh?

[SexyMit]

TAILS NEVER FAILS.... That is what I say as I pick TAILS most of the time...

[THE HITMAN]

I'll take heads + 102. You may beat me on 1 flip, perhaps 100 flips. But when you start getting into the really high numbers, +102 is unbeatable.
Any good upper grade school student will even tell you that.
So............I will bet anyone on 1000 flips or more any amount of cash, a nickle, dime or dollar or more per flip. C'mon over & we'll do it at +102.

[rcn848]

bet .9804% of your bankroll on heads of course

[VegasDave]

So why is it that in blackjack (with an automatic shuffler), people stay on 15 against an 8 because they don't think the dealer has a 10, or they hit 13 against a 3 when they think a 5 or a 6 is coming?

[donjuan]

So why is it that in blackjack (with an automatic shuffler), people stay on 15 against an 8 because they don't think the dealer has a 10, or they hit 13 against a 3 when they think a 5 or a 6 is coming?

Because they are morons?

[SBR Lou]

Because they are morons?

I think that about sums it up.

[BuddyBear]

wow, 2 people voted for tails?

It would be nice to get their picks and fade them.....

[Nicky Santoro]

anyone that voted Tails should be suspended for 1 month from sbr and should immediately quit gambling. before it gets worse for them..


the better question would have been, if heads came up 89 times out of the first hundred flips, would you start to bet tails for the next 100 flips at -102, thinking they will start to even out eventually?

you might have had closer to 60-40 now..

[Justin7]

There was an article in Science News on the fairness of coin flips. There are some situations where heads is a 75% favorite, and 99% of the people won't expect or anticipate it.

I need to view the coin flipping scenario before betting either side.

[onlooker]

Do I like head or tail? Well I could always pass up the tail for some good head.

Oh wait. Are we talking about coin flips?

[VegasDave]

anyone that voted Tails should be suspended for 1 month from sbr and should immediately quit gambling. before it gets worse for them..


the better question would have been, if heads came up 89 times out of the first hundred flips, would you start to bet tails for the next 100 flips at -102, thinking they will start to even out eventually?

you might have had closer to 60-40 now..

Wouldn't have been bad, but my fundamental point goes back to blackjack.

I play by the book religiously and lose every time. Never waiver, never falter, I make the right move every time, and I ALWAYS lose at BJ.

Some phuckers go on impulses and hit and stay on stupid shit and win shitloads.

Justice? No.

But I don't plan on stopping the way I play any time soon.

[Nicky Santoro]

ucksy,

you think they win, yeah, maybe that night they won 2400, and the next time you are there, they win another 1800, and you keep losing, that's ok. but eventually, after 1 yr, you wont be down much or close to even, and i guarantee you, they'll all be broke.. it's just a matter of time. i play by book too and i have friends who dont know what they're doing in bj, and they win win win, and i lose lose lose, but 7 month later, they lost it all and more, and i am still down, but not down much.. these gamblers who dont know what they're doing, will win now, but eventually, there will come a day they will all go down. at the end, they all go down. just a matter of time.

[bigboydan]

I'll take heads + 102. You may beat me on 1 flip, perhaps 100 flips. But when you start getting into the really high numbers, +102 is unbeatable.
Any good upper grade school student will even tell you that.
So............I will bet anyone on 1000 flips or more any amount of cash, a nickle, dime or dollar or more per flip. C'mon over & we'll do it at +102.

+102 for me as well sir.

There was a professor at Yale that did a thesis on this subject back in 1958. The paper was on flipping the coin one million times and it came out exactly 500,000 on heads and 500,000 on tails.

So needless to say that +102 over the long haul will net you winnings.

[Ganchrow]

There was an article in Science News on the fairness of coin flips. There are some situations where heads is a 75% favorite, and 99% of the people won't expect or anticipate it.

I need to view the coin flipping scenario before betting either side.

With a fair coin? What conceivable "situation"?

Do you have a link to the article? I couldn't locate one on Google.

[Ganchrow]

There was a professor at Yale that did a thesis on this subject back in 1958. The paper was on flipping the coin one million times and it came out exactly 500,000 on heads and 500,000 on tails

It's difficult to imagine the value of such a paper to the scientific community at large.

Just for the record, there's a roughly 0.0798% of flipping exactly 500,000 heads out of 1,000,000 trials, making this single most common outcome a roughly +125,231 dog.

[VegasDave]

+102 for me as well sir.

There was a professor at Yale that did a thesis on this subject back in 1958. The paper was on flipping the coin one million times and it came out exactly 500,000 on heads and 500,000 on tails.

So needless to say that +102 over the long haul will net you winnings.

Sounds to me like he cheated... probably got bored around 14,152 flips