Topic: Would you be happy repeatedly flipping a coin with an opponent to gamble? (Read 1377 times)

I get what the OP is saying but no I wouldn't be happy repeatedly flipping a coin to gamble. Whilst 50/50 it would be boring.

Not something I'd be interested in at all.

Agree, flipping coins is just like  dice games  but the difference in dice is you can set the odds as same as you said. 50/50 chance flipping coin game would be enjoyable  when you are  playing with someone/ people  because if its online then it would be boring, i would rather choose dice.

maybe for just fun, i will be happy, but for gambling hm i don't think so. i will not ready to lost my money for gambling although i know that percentage is 50/50, i will not happy. but maybe i will try it later, just want to try my luck 

Flipping a coin is just like dice game. However, for dice game, you can choose the number of multiply as you like and you even have bots to help you auto gamble. You can try out different methods so it is more fun than just blindly rolling a dice. However, the more fun the games are, it usually comes with more house edge.

Well that is going to be faster way of gambling just like dicing and it is going to be a good way if you are really an addicted gambler.

And if your hands are very itchy to gamble then you are going to do something just to satisfy your gambling needs.

This is going to be a good gambling substitute.

Well its a bit boring this way comparing it to other games that gives you half and half chance of winning. Personally I don't really feel this type of gambling, i'd rather play baccarrat or dice at least

i find it interesting enough that i want to actually try it.
and mostly because of the 50/50 chance and only two results of head or tails unlike dice which has a lot of numbers.
i would like to try martingale strategy on that system to see how it is going to work on suck restuls.

i feel like it may not be that different but i am intrigued to try it out.

For me its boring its just like the same as dice game but the problem in dice game lots of number unlike flipping a coin 50/50 tou will win or lose.. that game here in my country is popular and they are addicted in that game almost 5 players can gamble there.. with 3 coins they need to choose in 2 either front or back..

if it's online no, id rather play other gambling games than that, but if its man to man id be willing to
play and be happy with it. reason is playing online and flipping a coin is more boring than slot,dice game... ETC.
playing a coin flipping game with a real person in a real life is more engaging than playing it online.

Assuming there is no middleman taking any money out as "fees" etc, in the long run no one will come out ahead on average in a coin flip. Over an infinite amount of fixed bets between two people, they'll end up with the same amount of money on average as when they started. Of course this is discounting luck, but as we all know luck isn't consistent, and statistically there will be no winner over a large number of bets.

How come is there no winner? You're talking about the possibility of loosing? Think about the dice games. Higher payout, lower chances. Lower payout, higher chances. It's the same 50/50 chance, but the trick is that you can 'choose the payout and chance to win'. There's no such thing. In the long run you'll loose whether it's dice game, coin flip or anything else.

I don't think that works. People may say whatever they want, but the main reason people gamble, and that is well reported in psychological and sociological studies, is the illusion of controlling an unexpected event, and the pleasure that comes from that. Of course that there are many other variables, but that is base behind gambling success. You go to a casino or talk to a gambler, or even look the the threads on this forum, and you will see people discussing strategies for gambling, when everyone knows but prefer to ignore that there is something called house edge, and you are expected to lose in the long run, and although you can win in the short run because you are lucky, it will definitely not because of your amazing strategy.

So if you put something like the flip of a coin, the margin or illusion is smaller, it will be harder to convince yourself that you have a strategy to win and control the flip of a coin. Although even there you will see people discussing martingale and other betting strategies.

So flipping a coin, playing roulette or craps or dice or whatever, will be the same, but it will feel worse because it's harder to fool yourself on such a simple game.

(I exclude poker and sports betting, because there is strategy involved there, although the base is the same, trying to control the unexpected, but you do have a small chance of doing that, but luck still plays a large role even in these games)

Though I like to play games where results are instant doesn't matter what comes out. I still don't like to flip the coins because I don't see this neither interesting nor working for me, I have more lost in flipping having gambles sometimes in past against friends and on online sites. I would rather choose dice than flipping coin.

Not really, the people who do martingale on dice or anything else are going to love this game because they have got quicker results and no house edge to face with. But I am still not sure if you would be able to sign many members because people are moving towards more mordern games and you are going to ancient times.

I throw my hat into the yes column, because realistically the fun is in the engagement, risk and potential reward. Flipping a coin with a friend might not be innovative or new, but it still does what it needs to do to keep me entertained and playing.

I think once games get too complicated, that's when they're too annoying to gamble on.

It is always better flipping a coin without house edge, because 1% house edge seems not much but it really affects in the long run.

Yes dice is hopeless fpr consistancy. You need something you can get better at and improve gambling like dice there is nothing that can be done to raise your odds but sports betting there is a lot you can do to make a well informed pick.

I will not be happy as you are counting on luck to win your bet. I would rather bet on sports gambling where you can use your skill to improve your chance of winning. These type of gambling is like dice gambling which is boring.

True but some people think that they cannot loose the toss or coin flip more than 4-5 times in a row and hence they may love the game. My personal opinion is you have to modify this game to get any interest from people. Somehow change the odds and way of playing.

I guess he meant that you will get the freedom of choosing which side you want head or tail but I feel still this would be very boring. Because you have nothing to do rather than just waiting for the flip and then bet again.