Correct me if i am wrong, but the above scenarios have the same probability of ten blacks followed by ten reds or twenty reds or twenty blacks...

Thing is that after a very strong imbalance you can expect correction to happen soon. And that means that you will win as the very strong imbalance tends to fade. This illustrates RTM.
There is no need to wait for a rare series as any set of 10 as the same probability.
If you can devise a betting algorythm to take advantage you will win most of the time. I personally flat bet.

yet another example
from yesterday's randomization

2 1 1 2 1 1 2 1 2 2
1 2 2 1 2 2 1 2 1 1 -second set is exact opposite of 1st set so there is huge std towards FTL bet
2 1 1 1 2 2 2 1 1 2 - we will bet the 3rd set will match 1st set

WWWLLLWWLW

One more

1221212222
2112121111
2121122122
LLWWLLWLWW

______________________________-

This is for illustration. One can compare OLD or FTL selections in different lenghts and for several ec's.

Hello all.

Suppose you get 10 spins of an even chance, and compare them with the next ten spins. You will get at both extremes either 10 same or 10 different.
I test this with random.org and i will put here some examples so you can make your own observations and conclusions.

Timestamp: 2015-04-01 23:11:01 UTC
spins [823,852]

2 2 2 2 1 2 1 1 1 2
2 2 2 2 1 2 1 1 1 2
1 2 1 1 2 2 2 1 1 2

WLWWWLWLLL

[Edited to explain better]
Cheers