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Greed At Its Best
Message
From
04/09/2007 07:50:09
 
 
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01251725
Message ID:
01252123
Views:
25
>Hi,
>
>>Next toss it's not 1:4 you'll get heads, then for a third 1:16 (1:8 or whatever) - it's still 1:2. By the end of 64 tosses, by that logic, like the old grains of sand on a chessboard conundrum, the chances of getting heads would be practically infinity:1.
>
>We're talking about the difference between getting heads on any one throw and getting heads *every time* in a series of throws. Your logic would dictate that there's a 50/50 chance of throwing heads an infinite number of times in succession<g>

No, the argument was about the chances of winning the lottery twice, not "*every time* in a series of " entries.

The chances of getting heads FIVE TIMES, in, say, 10 throws is 1:2

The chances of getting heads TWICE in 10 throws are BETTER than 1:2 (I'd take any bet on that!)
- Whoever said that women are the weaker sex never tried to wrest the bedclothes off one in the middle of the night
- Worry is the interest you pay, in advance, for a loan that you may never need to take out.
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