Author Topic: The paradox of large numbers  (Read 136 times)

kav

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The paradox of large numbers
« on: March 06, 2017, 08:30:59 PM »
It is funny but as our sample gets bigger two contradictory characteristics get stronger.

One one hand we expect to see better conformity to the expected averages.
On the other hand we expect to see more extreme events.

Take for example Black and Red.
The more spins you record, the more the average will be closer to 50%-50%, but also the chance to see a crazy streak of BBBBBBBBBBB (for example) increases.

Man I'm continuously amazed by the balance of the maths of this game!
« Last Edit: March 07, 2017, 01:37:46 AM by kav »


 
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Jesper

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Re: The paradox of large numbers
« Reply #1 on: March 09, 2017, 02:26:34 AM »
We should know every 21 spins are rare events.

If we play RNG fast and for some hours, some of the results will soon show as "rare". We can use the knowing of it to our advantages as well.
 
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petespin

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Re: The paradox of large numbers
« Reply #2 on: March 09, 2017, 02:57:25 PM »
u only have to care about the current moment that u play on the wheel , not the stats after milion of spins while u dont even bet.... the answer to beat the wheel is easy , keep your sessions as  short as it gets , the only way to beat variance over time .
 

BlueAngel

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Re: The paradox of large numbers
« Reply #3 on: March 09, 2017, 03:34:34 PM »
@ Kav,

It's not so weird as you might think, it has to do with 2 different things which take place on the same time.

The first is the sequence (order of results) and the second is the totals.
Although events tend to balance on large totals this never happens, always there is minor or greater difference.

By accepting this as a fact we could demolish the HE stronghold since its foundation relies on every event has to occur equally, I think it's a far cry to make me worry.