Again bigger gambler's fallacy coupled with most insane progression ever played by mankind. Tell me one thing, JL, how do u think of playing anything like that? It is even worse than Pattern Breaker.
           
                                                I always thought that Gizmotron and Spike are doing too much criticism against you, but I can see they were totally correct. You may win even with this JL but you may lead many to commit suicide, believing you.

Great.    I love people who challenge themselves.

QuoteRESULTS UPDATE FOR 7 ON 1 FOR 12/01/2013 TOTAL GAMES PLAYED 925 TOTAL GAMES WON 925 TOTAL GAMES LOST ZERO STRIKERATE 925/0 LONGEST WAIT FOR A WINNER STEP 4 of the progression 6 times. Most wins come in the first two steps of the progression.

                                  What is the bankroll requirement for this? Should I give a sample session to elaborate it?

Good Job, Ralph.

great job. keep informing.

what is  your net win/loss, so far?

Well begun is half done.

Best of Luck, buddy.

Hey Ralph,
        You are more than lucky. Once I made a spin same way and won $5000.

MG,
      I mean to say, probability and randomness may go against each other at any moment and that is what we call as "variance". If you bet on corrections, u need not benefit from it. In long run, every bet is almost same but u can't say so about a session that we are going to play.

There is a famous quotation about statistical observation and probability:


        Then there is the man who drowned crossing a stream with an average depth of six inches.  ~W.I.E. Gates

Quotealbalaha, I wouldn't say it's "very much" possible. That scenario represents 6.3 STD below the mean, which would be incredibly rare, if not impossible. I would certainly have doubts about the fairness of a coin which generated those results. If randomness knows no rules then why not 200 head in 1000 tosses?, or 50?

Bayes,
           What is the probability of getting 5 or 7 reds in a row? Don't u feel that they can appear more often in a session than the mathematical probabiility says?


See 75 Blacks, 105 Reds and 5 Zeroes.

It is very much possible to get 600 heads vs 400 tails in 1000 trials/tosses. A coin has no memory to balance things out. 500 heads and 500 tails are merely rule of probability. Randomness knows no rules.

It seems that everyone is having one's own set of fallacies.

Rare things do happen.