Quote :

"If I flip a coin 20 times, getting 'tails' each time... what's the odds I get 'heads' on the next flip?[/are you smarter than a 5th grader?]"

Pretty small. From a Bayesian perspective, getting tails 20 times in a row is a pretty strong indicator that your coin is not a fair coin.

[Edited on July 24, 2009 at 2:23 PM. Reason : ]

7/24/2009 2:23:13 PM

7/24/2009 2:23:22 PM

here comes the knowledge

7/24/2009 2:25:00 PM

ok, i wasnt clear in my statement. the house advantage hasnt really changed since they added the boards. of course its the same. but people get caught up in analyzing patterns and think they know what numbers 'should' hit next, but really each number has the same probability of hitting.

so maybe the player loses more often because they are betting on perceived patterns. thats just what i saw on a travel channel show

7/24/2009 2:50:40 PM

craps is so much fun with a good table, and the casinos frequently have classes around the tables around lunchtime

7/24/2009 5:46:29 PM

So, I have netted $220 so far from roulette. Ready for craps now. Rob, where should we go? Wild Bill's and planet hollywood have had great payout so far.

7/24/2009 6:06:04 PM

roulette is the most fun gambling game that i've played. when you just accept the fact that its all chance and just find the right game and have some fun with it, its pretty fun

[Edited on July 24, 2009 at 6:08 PM. Reason : ^ 220!!1 buy me a present ]

7/24/2009 6:07:56 PM

I also made an extra $70 for selling my Asher Roth tix. Roulette is a great opportunity to make $$$ and party it up. It's fun. The anticipation. The $$$. The booze. Love it!

7/24/2009 6:10:26 PM