How is it that when you flip a coin 10 times, the likely hood that it’ll land on heads 10 times in a row is extremely small but the likely hood that it’ll land on heads is 50/50 if it already landed on heads 9 times? I get that it’s a closed system and its roughly 50/50 for every coin flip but my brain is just telling me that it should be a higher chance that it would land on tails instead of heads. How does this work?
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The whole problem humans have with the gambler’s fallacy is that although we have a memory, the coin does not. So you just flipped a coin 9 times in a row and it was heads every time? WE remember that unusual occurrence, for the coin it does not make a difference at all what it landed on previously when you flip it now. When you do a flip it is always like starting a completely new series. Unless of course the coin isn’t balanced.
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