Thanks for the great info wannawin.
In the first essay Pearson indicates that a person cannot randomly produce/guess the same averages for the appearance of numbers over the course of 1000's of spins as random does.
Or better said, we cannot write down the same random results as a live wheel will produce during at least 1000 spins in my opinion, due to our subconscious biases. There might already be a clear difference after 300 spins?
Perhaps we can apply this to a bet selection.
If we know that we are consistently incorrect 30 or 40% of the time a certain bet might give us an advantage : )
In the first essay Pearson indicates that a person cannot randomly produce/guess the same averages for the appearance of numbers over the course of 1000's of spins as random does.
Or better said, we cannot write down the same random results as a live wheel will produce during at least 1000 spins in my opinion, due to our subconscious biases. There might already be a clear difference after 300 spins?
Perhaps we can apply this to a bet selection.
If we know that we are consistently incorrect 30 or 40% of the time a certain bet might give us an advantage : )