You want math? The probability of getting 15 reds in a row IF the casino wasn't rigged and gave a 50/50 split like it should would be 0.00030517578125% chance of happening.
This is gambler's logic.. the odd's are still the same at 50/50... Heads or tails... Black or Red... the coins/cards dont care if it was Heads' or red in the previous 100 flips/draws... Calculating the probability of a situation occurring is irrelevant to the fact that the only odds that matter are 50/50.
Found the link.. Please refer to:
http://en.wikipedia.org/wiki/Gambler%27s_fallacyHow is 0.00030517578125 chance of getting 15 heads in a row gamblers fallacy. I honestly don't think you have a clue what you are talking about, please read the link that you just posted very carefully before you make dumb assumptions. No one in this thread said that after getting heads one time that they should have a higher chance of getting tails the next chance. We are talking about if I flipped a coin 15 times and it came out heads every time that I called tails, then the moment I call tails it lands on heads 6 times. That isn't gamblers fallacy, thats called a rigged toss up.
I do have a question why on earth does one need to gamble in a casino.. with the amount of coins coming out everyday.. isnt that enough of a gamble trying to pick and choose who will live and who will die..
Pointless and irrelevant to the topic. The value of Lottocoin relies on the quality of the services it provides, the same can be said of all altcoins. In Lottocoin's case, the services are casinos and games. If these services are providing rigged odds that are far FAR worse than fiat, then the coin has no value. This is not a discussion to talk about the merits of gambling, this is to discuss the obvious rigging of games that are the only means of sustenance for an altcoin. This is the altcoin forum right?