Anything that can happen will happen?

[irchans]

If there are 10,000,000 spins a day for 1 billion years, then we can expect 49 reds in a row once. Thus I think we can safely say that 60 reds in a row will never occur on this planet (on a fair wheel).

[SheetWise]

It's a manageable risk. [img]/images/graemlins/wink.gif[/img]

[ QUOTE ]
If there are 10,000,000 spins a day for 1 billion years, then we can expect 49 reds in a row once. Thus I think we can safely say that 60 reds in a row will never occur on this planet (on a fair wheel).

[/ QUOTE ]

anyone here seen one of those before? the look on gamblers betting black and losing all the way must be very amusing. [img]/images/graemlins/grin.gif[/img]

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Thus I think we can safely say that 60 reds in a row will never occur on this planet (on a fair wheel)

[/ QUOTE ]

umm! fooled by randomness!

[see Nassim Nicholas Taleb]

[ QUOTE ]

umm! fooled by randomness!

[see Nassim Nicholas Taleb]

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60 reds in the row has the same probability as 60 red/black mixed in a row right?

[LetYouDown]

[ QUOTE ]
The 47.3% dictates that 473 out of 1000 MUST be Red in the LONG RUN.

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No, just that it's extremely likely to work out this way. It is not absolute.

[ QUOTE ]
60 reds in the row has the same probability as 60 red/black mixed in a row right?

[/ QUOTE ]
Any specific color pattern of red/black will have the same odds as another.

Probability tells you that 60 reds in a row is as likely as any other sequence you may posit.

[LetYouDown]

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Probability tells you that 60 reds in a row is as likely as any other sequence you may posit.

[/ QUOTE ]
I posit 60 greens in a row.

nh [img]/images/graemlins/smile.gif[/img]