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Its All About PROBABILITY

Started by cheese, November 26, 2011, 10:09:39 PM

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Bayes

Probability theory does predict future events, but it depends what the 'event' is. If you predict for the event of getting at least 400 heads in 1000 flips of a coin, your prediction will be true. But it won't necessarily be true if you predict at least 4 heads in 10 flips.

What is true instead are the law of large numbers – in the long term, averages of independent trials will tend to approach the expected value, even though individual trials are independent – and regression toward the mean, namely that following a rare extreme event (say, a run of 10 heads), the next event is likely to be less extreme (the next run of heads is likely to be less than 10), simply because extreme events are rare. - wikipedia

The Law of Large Numbers.

Mr J

Quote from: ReDsQuaD on December 06, 2011, 08:02:33 PM
Mr J.

I don't really know the dynamics of what you are doing.

But,

when you are referring to "Hot numbers" Do you mean you are playing on biased wheels?

I did not even see this, sorry! I have not yet invented a time machine so no, I did not go back to 1923 to play a bias wheel.


Come on, what are hot numbers? One such example....the same number hitting 3+ times in the LAST 23 spins would certainly be TEMPORARILY 'hot', correct?

Ken

ReDsQuaD

Quote from: Mr J on December 14, 2011, 12:42:17 AM
I did not even see this, sorry! I have not yet invented a time machine so no, I did not go back to 1923 to play a bias wheel.


Come on, what are hot numbers? One such example....the same number hitting 3+ times in the LAST 23 spins would certainly be TEMPORARILY 'hot', correct?

Ken

Hi Ken.

I understand. I was just interested to know if you were regarding to bias.

I mean, just because the ball landed on a number 3 times, is this really a hot number? In your view, do you think this means the number will carry on hitting? There is no real reason for the ball to land on the number again "just because its already been hit 3 times" Unless of course we are dealing with a wheel bias.

But other than that...

Mr J

"I mean, just because the ball landed on a number 3 times, is this really a hot number? In your view, do you think this means the number will carry on hitting? There is no real reason for the ball to land on the number again "just because its already been hit 3 times" >>> You have to be more specific. 3 times in 200 spins? Of course not. 3 times in 18 spins? Sure, TEMPORARILY 'hot'.

"Carry on hitting"? >>> The way I play, after (or during) the 23 spins, if that 'hot' number is no longer hitting, I could careless. That number gets ROTATED out while a different 'hot' number takes its place. I would agree with you *IF* we look back at the last 500 spins and see the #34 has hit the most......lets start betting on it?  NO!

Its a good example of the #34 could (and most likely) is NOT the hot number anymore. I think thats one of the scams used by Rapid Roulette. They post the top 5 hottest numbers from the last 500 spins. USELESS information in my opinion. What I want to see instead......the top 3 hottest numbers from the last 45 spins.

Ken


Ulysses

Quote from: ReDsQuaD on December 14, 2011, 12:26:21 PM
Hi Ken.

I was just interested to know if you were regarding to bias.

There is no real reason for the ball to land on the number again. Unless of course we are dealing with a wheel bias.

But other than that...

Other than that... might be due to dealer bias.

Or algorithmic bias in the RNG output.

IMO

anahita

Anybody has heard about "The Roulette Killer System"? my father's friend  found this package on -- LINK REMOVED. READ THE RULES--  [/color]    he said although you obviously won't win every time you play, (that's impossible) but you will win in the long run. The more you play, the more you will win (that's statistic rule). It is written that you will receive full step-by-step instructions (with diagrams) on how to use the system and you should be able to have the system memorized after one or two sessions at a casino. I wanted to know if anybody has used it before? and if yes do you suggest me?

thanks in advance

Steve

roulette killer is a scam and it has been discussed many times.

iggiv

most of roulette bots or betting software do not work on a long run.

iggiv

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