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Statistics

edited December 2011 in General
This was a pretty amusing topic at the casino this weekend, got me wondering how intelligent the average SK player is.

You place a bet on either Red or Black, making it a 50/50 shot you'll win. At our table, we had a pretty even split of people who believed that if Red came up six times in a row, Black would be more likely to come next.
The other half claim this is why gamblers have an issue, they dont understand odds etc etc.. They state that red coming up for a seventh time in a row is as likely as it beung red/black/red/black/red/black/red.

Would be surprised how many people dont understand why the correct answer is correct.

Comments

  • HURRDURR I DIDN'T TAKE FRESHMEN IN HIGHSCHOOL LEVEL MATH.

    :D Your friends/coworkers/etc are retards if they can't figure that one out ;)
  • edited December 2011
    The correct answer is the latter. :)


    For the former, Black would be more likely to come up if against odds of six consecutive blacks, because that would be 1/2 versus 1/2^6

    But its all independent of eachother so doesn't matter how many blacks you have, the next roll is always independent.
  • This is literally called "Gambler's fallacy." Each spin of the roulette wheel is an independent event.


    BTW the odds of hitting Red (or Black) is 18/38 (or about 48%).
  • Lol you know what i mean though. It was only the topic that brought it up, the example they brought up was a coin flip.
  • Actually, assuming you use the U.S. quarter (most common example), you're slightly more likely to come up tails.
  • Experiences have told me the guy who brings up facts like that is least liked in a group. Probably pretty close to 100% of the time ;)
  • Ignoring the obvious, I had a friend swear to me he won at roulette tables often just by keeping track of the previous x number of times it landed in a particular area. He swore that professional dealers (or w/e they are called at roulette tables) after so many years doing what they do, pick up a habit or something which makes the ball land in a particular area more often than other areas.
  • ^ive heard that one too. My personal favorite has to be how slot machines are programmed to payout after a certain combination of bets are paid, so you are more likely to win if you change how many lines you play each spin.

    I dont know if its daytime soaps causing retardation, or Justin Bieber...but something is making people stupid.
  • I am 83% sure that people in this thread are bright.
  • I am 83% sure that people in this thread are bright.
    And 83% of statistics are made up on the spot. Coincidence?
  • Experiences have told me the guy who brings up facts like that is least liked in a group. Probably pretty close to 100% of the time ;)
    Will you ever call heads again, though?

  • As im not american your stat doesnt hold much weight
  • edited December 2011
    the games have no memory, neither does sk players

    case closed
  • I am 83% sure that people in this thread are bright.
    And 83% of statistics are made up on the spot. Coincidence?
    83% of people have a jar.

  • I win every time.
  • As im not american your stat doesnt hold much weight
    I didn't present a stat, though, more generally, any coin that has been embossed will more likely fall with the raised side down due to the center of gravity being closer to that side as compared to the bisection of the coins edge.
  • I would say its a near negligible amount, ive flipped a coin or two in my day, im an expert on such things.
  • I would say its a near negligible amount, ive flipped a coin or two in my day, im an expert on such things.
    I don't have coins. I have bank notes.
  • Be an adult Lews, flip the note.
  • I also have a few gold bullion...should I flip those two? And my chest of diamonds? Should I flip that too? Oh what about the 1 Trillion barrels of crude under my house? Can't flip that can I?
  • If you werent such a little girl you could.
  • True that. I guess my group of untouchables will do the carrying and flipping for me. *Claps hands* Sanjay, go fetch me my electric scooter.
  • If you flip an electric scooter, chances are it'll land on one of it's sides.
  • DO A BARREL ROLL!!
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