Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
dooglus
on 28/03/2013, 19:53:27 UTC
Even though the month is flat, we're still above the statistically expected profit overall, so we might be in for a few more flat months.

That's not how it works.  That's like a roulette player saying we're due for black because it's been red 5 times in a row.  Random events have no memory.

People often hear about the law of large numbers and misinterpret it as meaning that good months are likely to be followed by bad months.

Edit: I didn't notice there was another page of this thread in which pretty much all of the above had already been said.  Oops!