When you’re looking at probabilities, you’re looking at the odds of an event happening from some initial condition. The odds of getting 25 heads in a row starting from 0 is very low. However, the odds of getting the 25th head after already getting 24 in a row is 50/50.
To put it another way, the probability of anything that actually happened is always 100%. When you’re going for the 25th flip, you always have 24 flips done, so the odds of the first 24 flips in that situation are 100%, and only the 25th flip matters.
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