I know they all have an edge. I am talking about a game where the stated odds are 49.7% meaning a house edge on of 0.3%. In that environment what are the odds of losing 11 in a row? 17 in a row? or 6 out of 7 bets repeatedly?
I should preface this with that I did have a couple incredible runs on this game in the past. Variance just catching up?
Losing 11 times in a row at a dice game is something that happens very rarely.
You should think about a tree diagram
You have 50.3% to lose at the first round, 50.3% x 50.3% the 2 first rounds, 50.3%
3 to lose the 3 first rounds etc.
win
win
lose
win
lose
lose