Pages:
Author

Topic: Who wins and What next step? - page 2. (Read 274 times)

hero member
Activity: 2506
Merit: 628
I don't take loans, ask for sig if I ever do.
December 20, 2019, 12:55:15 AM
#5
How did you think that we would think that X has a great chance? You can lose 10 times straight and the casino would still be fair. You could win 10 times straight and the casino would still be fair. It's not like they took advantage of a loophole, in the end, their losses and wins are subjected to the vaguest thing but also the god of gambling, "luck". Also see here, simple math, Peron Y already won $950, even if he lost $700 cause of the last bet, he still has a profit of $150 which even if was less than what he already should have won, is still profit. Person X on the other hand literally lost everything. This is in the case that both of them loses btw.
legendary
Activity: 2576
Merit: 1860
🙏🏼Padayon...🙏
December 19, 2019, 11:22:33 PM
#4
I still think the outcome will be 50:50 between players X and Y as regards their next $700 flip. However, in the long run, it appears that player X will be the one who will go home a loser. Player Y, after all, is going home if he wins. And he is already winning.

A bit of inconsistency in your example, though. You indicated that "A bit of despair and sadness finds "Y"" but then proceeds further that ""Y" is very lucky and excited... he is confident and ready to play." That does not seem consistent.
legendary
Activity: 2940
Merit: 1083
December 19, 2019, 06:37:36 PM
#3

You can just remove the example and goes directly to the subject. Smiley

What struck these 2 gamblers is definitely the usual human nature we are dealing with when playing gambling.

While on the progress, something form on their mindset that they should follow their instinct and push for it disregarding the worst-case scenario.

Even one of them or both lose on the process, as long as they are still responsible gamblers after that, I see no problem with it.
hero member
Activity: 2548
Merit: 533
December 19, 2019, 03:53:56 PM
#2
Okay, were talking about Flipcoin here where i do believe this is a PvP type of game and as usual there would be fees or deduction on every round.
But asking on whose gonna take the win? If all is on the fair side then its neither on the two and winning chance doesnt been affected
if you are already losing back too much because everything is random, you can win straight or lose at the same time.
member
Activity: 252
Merit: 40
December 19, 2019, 03:34:21 PM
#1
Who wins?
The situation is like this,
We have person "X" and person "Y"
Game: flipcoin (50%)
Casino: Online
Bet: $ 700

Person "X" played 5 games before this turn, and for the last 5 games he has lost bets carrying bets of: $ 40, $ 50, $ 70, $ 95, $ 120.
Person "X" has been hit hard by adrenaline and is ready to play alone with the maximum amount of his wallet, which is $ 700.
A bit of despair and sadness finds "Y"
Person "X" will not leave the site, if he wins, he will continue to play,
he will be happy but a great opportunity and afterwards he will lose everything because of the great adrenaline.

Person "Y" played 3 games before playing with person "X", the last bet he got, with a profit of $ 140, $ 200, $ 500.
Person "Y" is very lucky and excited, and now with great profits, he is confident and ready to play another game with a big bet of $ 700.
Finds an "X" with a smile
Person "Y" is likely to leave the site, if he wins, raises his money, he will be happy and satisfied.

I think it is clear to you that "X" has a great chance, because of the principle of Online casino, or rather, the fairness of the site.

Who do you think will take this money?
How many have a chance?

In this case, in my opinion, both people will go bankrupt, that is, they will lose the amount of money they have on the site.
Explained:
Both are caught by the gambling euphoria, one has the greed to bring back the lost, in short: this, in most cases, goes to waste and ends with empty wallets.
The other person thinks he has the world at his feet, but such ones end quickly, he will lose the match and later greed pull him into the house and he will end up with empty pockets.

And the story ends with the online casino making a huge profit, and he is the only subject  win this match.
Pages:
Jump to: