Eric1969

Eric1969 t1_izt3tqu wrote

My friend’s theory was that lagging outcomes (ex: tails having come up 20 times for 40 heads) would result in these outcomes having a higher probability than the theoretical probability (50% for heads and tails) of showing up, as they would surely eventually catch up. I tought the probability remained 50% regardless.

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Eric1969 t1_izsuqse wrote

I actually was debating this with a friend so vigorously that he coded a program to compare yhe wins of betting randomly or on lagging possible outcomes of a randomly generated number. Betting on lagging outcomes brought more wins.

Professional sports is not quite random though.

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