Quote (Zhaux @ Feb 16 2013 11:16am)
Well getting heads 1000 times in a row with a fair coin has 9.33264x10^-302 chance of happening, so yes I would consider that impossible.
Well it's not impossible unless it's a flat 0% chance of rolling, and proves why you're not capable of this argument.
I had no problem shedding some insight into probability with you guys, and slamming stok3d.
Quote (Cyba @ Feb 16 2013 11:20am)
i'm starting to see your point..
but logically speaking..
let's say you're trying to get heads on a coin
you toss a coin 1 time and it lands on tails, if you toss it again, wouldn't you increase your chances of getting heads at least 1 time?
don't you up your chances of getting heads (or in this case a mount) if you increase the number of trials?
No, it doesn't increase just due to the fact that when you started it's a 50% even flip.
Each time you flip it, it will always be the same chance, but the probability is less.
It's not smart to look at it like that however,because it's still going to be 50% chance every time., you're not REALLY increasing or decreasing your odds.
that's why its a fallacy.
Like say you go to a casino, and play lets say roulette and it lands on 33 black.
It has the same equal chance to land on 33 black as it did last spin, as if you betted on 32 red.
Quote
The most famous example of the gambler’s fallacy occurred in a game of roulette at the Monte Carlo Casino in the summer of 1913, when the ball fell in black 26 times in a row. This was an extremely uncommon occurrence, although no more nor less common than any of the other 67,108,863 sequences of 26 red or black. Gamblers lost millions of francs betting against black on the 27th spin, reasoning incorrectly that the streak was causing an "imbalance" in the randomness of the wheel, and that it had to be followed by a long streak of red
This is the most common example of it.
This post was edited by iLuxxy on Feb 16 2013 11:29am