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Flipism, sometimes spelled "flippism", is a personal philosophy under which decisions are made by flipping a coin.It originally appeared in the Donald Duck Disney comic "Flip Decision" [1] [2] by Carl Barks, published in 1953.
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.
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]
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]
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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.
A martingale is a class of betting strategies that originated from and were popular in 18th-century France.The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses if it comes up tails.
A prediction game is a game which allow users to guess at the outcome of future events. Prediction games are generally operated online and are free for users to play. Points are awarded to players who most accurately predict the outcome of an event, and those points are converted into cash prizes.