Event Coin problem

[Ravenblade1979]

Originally Posted by Googi

It's possible for people to lose 10 times in a row and (in a 50/50 scenario) will happen on average the same number of times a person wins 10 times in a row. I'm talking about averages which are what's important when talking about what kind of influence this will have on the economy.

(The odds of losing or winning 10 times in a row in a 50/50 scenario, by the way, are 0.1%).

Exactly how many casino games have you played? Out of 10 ppl I know only 1 has any luck getting 10 in a row. Myself out of 10 pulls on slots I will win maybe 2 or 3 times total.