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A possible sequence in Penney's game: heads, tails, heads Graphs of best responses for Penney's games of sequence lengths 3 and 4 – each sequence is dominated by the sequence pointing to it with the given probability (italics) or odds (normal text) [1]
Consider two remote players, connected by a channel, that don't trust each other. The problem of them agreeing on a random bit by exchanging messages over this channel, without relying on any trusted third party, is called the coin flipping problem in cryptography. [1]
A Roman coin with the head of Pompey the Great on the obverse and a ship on the reverse. Coin flipping was known to the Romans as navia aut caput ("ship or head"), as some coins had a ship on one side and the head of the emperor on the other. [1]
The St. Petersburg paradox or St. Petersburg lottery [1] is a paradox involving the game of flipping a coin where the expected payoff of the lottery game is infinite but nevertheless seems to be worth only a very small amount to the participants.
Forget polls, the stock market is the most accurate predictor of presidential elections. Will Daniel. Updated September 12, 2024 at 8:40 AM. Photo by SAUL LOEB—AFP/Getty Images.
Honolulu Police say modern forensic tests allowed them to identify and arrest a suspect in Dawn Momohara's 1977 murder.
Originally, martingale referred to a class of betting strategies that was popular in 18th-century France. [1] [2] The simplest of these strategies was designed for a game in which the gambler wins their stake if a coin comes up heads and loses it if the coin comes up tails.
A US military fighter jet crashed into the San Diego Harbor – but both pilots reportedly ejected to safety. The jet – an EA-18G Growler electric jet – smashed into the water around 10:15 a.m ...