For example, I bet 1 satoshi on <50, then how many times can there be winning numbers >50? I bet <50 and after each loss, I doubled the bet, a total of 11 times the winning numbers were >50 and I lost most of my funds
Few days back I have one of my few unluckiest day in life as I lost 23 rolls in a row and all my balance on freebitco without any serious recovery option so my worst number is 23 which start from 1000 satoshies and then end 0.0012 my last bet and win never arrive on this balance.
23 throws in a row is a lot, I did not expect that there could be so many. Probability theory does not seem to work in this case. I think there is no scheme thanks to which one could constantly win. You just need to play and have fun, and earn elsewhere
I think you can separate the individual odd and the total losses as well when talking about things.
\Just to explain it this way, if you ask me "if I get 20 losses in a row at 50% than what is the chance of me losing the 21st one as well?"
I would still say 50% and not a single more because every single bet is individual that way, however if you ask me "what are the odds of getting 20 losses in a row at 50%" than I may say lower because we are not talking about a future bet, we are not talking about one single bet, we are talking about a whole block there.
Plus you getting 20 losses in a row is more rare if it is your first 20 bets of the session, but it would be quite common and actually expected as well if you gambled like 50k rounds so far, the more you play the more chances of you getting win and loss streaks.