Post
Topic
Board Gambling
Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!!
by
Saint-loup
on 10/07/2019, 14:32:18 UTC
~
Because since you have already won last time, you have statistically very little chance to consecutively win a second time at these odds...
and especially because it's India!

It's a known fact that previous outcomes do not affect future ones. Gamblers who don't understand this set a dicebot to "Increase by 10,000% on loss" playing with 98% win chance, and lose all their balance because of just two consecutive losses. I said "just" because there can be 3, and probably even more. I myself won 3 times in a row once, playing with 1% win chance. In fact I didn't win 3 times because I changed side, not believing that it can happen the third time, but it happened.

Statistics works good with millions and billions of events, but it fails frequently with not that many of them.
You won a second time, NZ beat India.
Congratulations. But it's sad for you, you only bet few satoshis each time.