Do you think if we go to the casino and plump our asses on a busy table for 100 spins or whatever ,and have a fixed bet just betting on 1 even chance lets say black that we cannot come out a head no progression .what are the expert thoughts on this subject .
Your results will follow a contextual probability based on the context of the current state of probability and current state of variance that begins to exist on your first bet and ends on your last bet. Your standard deviation will only apply to the spins that you bet during that specified moment. Classical "law of large numbers" will not apply. You have a better chance of coming out ahead one time than you do in 100 times.
If you add situational awareness to the mindless process then that changes everything. That's because it changes the contextual probability to include a process for adjusting as the variance changes. It breaks the 100 spins down into smaller groups that have their own specific context.
Warrior
I have tried this - not on black, the high and low. Play from side 3 x DS. Boring but yes you get to a moment that you win. There is or was a trend to go up and down. One can call this a bailer, 2 in profit or 1 jump out.
Cheers
Get a software like Roulette Xtreme and loads of real spin files (spielbank or whatever). It will help you test these basic ideas quickly, you can do thousands of spin in just a few minutes.
Of course, static bet selections like this one lose to the house edge eventually.
Thanks guys thats interesting.