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Phalecrocorax got a reaction from Avionix in Flips Guide PSA
you guys aren't seeing the bigger picture. the chances are always gonna be 50/50, sure, but probability changes when it's cumulative. losing 5 flips in a row is very much possible, but highly unlikely as you have to lose the 50/50 five times in a row. if you can afford to lose, using an escalation method to bet can be lucrative. start with a low bet, and if you lose, double it. it might seem very counter-intuitive and you'll lose the money shortterm, but law of large numbers suggests that you'll eventually win your money back and then some. of course, it's entirely possible you run out of money before that point but that would have to either be horrible luck or your own fault for not having a big enough safety net.
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Phalecrocorax reacted to Holm in Holm's Store - Sold out
Store updated!
Changed Baldy to Combat medic
The new name and model will give the job more RP role than just a random name, this will enable job owners to be engaged in more RP situations.
Note: The job will undergo several model/name/color until it reaches what it suites it most
Hope you enjoy it!
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Phalecrocorax got a reaction from Xappan in Flips Guide PSA
you guys aren't seeing the bigger picture. the chances are always gonna be 50/50, sure, but probability changes when it's cumulative. losing 5 flips in a row is very much possible, but highly unlikely as you have to lose the 50/50 five times in a row. if you can afford to lose, using an escalation method to bet can be lucrative. start with a low bet, and if you lose, double it. it might seem very counter-intuitive and you'll lose the money shortterm, but law of large numbers suggests that you'll eventually win your money back and then some. of course, it's entirely possible you run out of money before that point but that would have to either be horrible luck or your own fault for not having a big enough safety net.
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Phalecrocorax got a reaction from OoO in Flips Guide PSA
you guys aren't seeing the bigger picture. the chances are always gonna be 50/50, sure, but probability changes when it's cumulative. losing 5 flips in a row is very much possible, but highly unlikely as you have to lose the 50/50 five times in a row. if you can afford to lose, using an escalation method to bet can be lucrative. start with a low bet, and if you lose, double it. it might seem very counter-intuitive and you'll lose the money shortterm, but law of large numbers suggests that you'll eventually win your money back and then some. of course, it's entirely possible you run out of money before that point but that would have to either be horrible luck or your own fault for not having a big enough safety net.
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Phalecrocorax reacted to OoO in Flips Guide PSA
I rly dont like this. NO MATTER WHAT you will always have 50/50 even if you lost 10 in a row before, (W=win L=lose) having LLLLLW is 1.56% just like LLLLLL. they have the same odds. this is especially true when u see that both players can have lost 7 beforehand etc.