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| View Poll Results: 4 vs. 13 | |||
| Bob Costas |
   
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16 | 15.69% |
| Joe Buck |
  
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86 | 84.31% |
| Voters: 102. You may not vote on this poll | |||
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#1
12-09-2005, 02:10 PM
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Being hot vs being due
Suppose you and your friend are flipping a quarter for $10 a pop for a day. You win on heads. He wins for tails.
Somewhere in the middle, you find yourself down $160 and tails has landed 7 of the last 8 times and your friend offers you to switch to tails. Which one of these thoughts are you more inclined to believe in? 
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#3
12-09-2005, 02:39 PM
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Re: Being hot vs being due
It doesnt matter... unless it is different weight, but realistically speaking if it is a 50/50, then it doesnt matter at all, lol. If i had to choose on a 50/50 I would stick to heads since 'I'd be due'.
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#4
12-10-2005, 09:00 AM
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Re: Being hot vs being due
[ QUOTE ]
It doesnt matter... unless it is different weight, but realistically speaking if it is a 50/50, then it doesnt matter at all, lol. [/ QUOTE ] did you really laugh out loud at this point?
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#5
12-10-2005, 09:58 AM
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Re: Being hot vs being due
[ QUOTE ]
[ QUOTE ] It doesnt matter... unless it is different weight, but realistically speaking if it is a 50/50, then it doesnt matter at all, lol. [/ QUOTE ] did you really laugh out loud at this point? [/ QUOTE ] lol, I really laughed out loud at that, but as for psychology I think I would be more inclined to get pissed off if I switched and then proceeded to loose, where as if I stayed and lost I could just accuse the mofo of cheating. But honestly does anyone ever gamble on coin flips, I mean god damn why are there so many of these little scenarios always being posted
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#6
12-10-2005, 10:46 AM
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Re: Being hot vs being due
[ QUOTE ]
But honestly does anyone ever gamble on coin flips, I mean god damn why are there so many of these little scenarios always being posted [/ QUOTE ] I came up with a deceptive coin flip prop bet that netted me a whopping $.75 before my friend quit on me. O well.
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#7
12-11-2005, 11:40 AM
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Re: Being hot vs being due
[ QUOTE ]
But honestly does anyone ever gamble on coin flips, I mean god damn why are there so many of these little scenarios always being posted [/ QUOTE ] Hahahahaha! Man, you really should see some of the [censored] we do. Edit: Case in point: OP has lost well over $1k in our last two Rock Paper Scissors sessions. [img]/images/graemlins/tongue.gif[/img] GoT
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#8
12-09-2005, 03:52 PM
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Re: Being hot vs being due
the correct answer (if it's possible that the coin is not fair) is switch to tails, because you have slightly more evidence that the coin is biased toward tails than toward heads.
if you somehow know that the coin is unbiased it obviously doesn't matter. the only way to justify preferring to stick with heads rather than switch to tails is if you came into the day suspecting that your friend is more likely to bring a coin biased in your favor (heads) than his own (tails).
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#9
12-09-2005, 04:39 PM
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Re: Being hot vs being due
Tails. It doesn't really matter, but the slight chance of it being favored towards tails would make me lean towards it.
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#10
12-11-2005, 04:04 PM
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Re: Being hot vs being due
[ QUOTE ]
Tails. It doesn't really matter, but the slight chance of it being favored towards tails would make me lean towards it. [/ QUOTE ] Agreed. There is a nonzero chance that the results are due to the coin being biased to land tails. Let that work with you. note that this has nothing to do with runnning hot or being due..
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