Post
Topic
Board Gambling
Re: Lost all of my bitcoins on bitZino and it provably sucks
by
dooglus
on 12/09/2012, 03:45:42 UTC
The chances of hitting the opposite color that many times in a row to kill my entire bank should be astronomically slim, yet it's happened to me twice.

Hitting an alternating sequence of 20 non-red, non-black, non-red, etc. in a row happens about once every million spins.  That's enough to wipe out most bankrolls (assuming you're betting on such a sequence never happening), and is hardly astronomically slim...