Re: Black Arrow - Status of pending orders - Prospero X-1, X-3, and Minion

If you flip a penny 3 times and get heads 3 times in a row, what are the odds of getting heads on the 4th flip?

its 50:50 (same odds as flipping on the other three attempts)

For that individual event, yes. If you wanted to know the chances of getting four in a row before any event had happened, it would be 0.5^4.