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  2. Coin flipping - Wikipedia

    en.wikipedia.org/wiki/Coin_flipping

    Coin flipping, coin tossing, or heads or tails is the practice of throwing a coin in the air and checking which side is showing when it lands, in order to randomly choose between two alternatives. It is a form of sortition which inherently has two possible outcomes.

  3. Penney's game - Wikipedia

    en.wikipedia.org/wiki/Penney's_game

    Recently Robert W. Vallin, and later Vallin and Aaron M. Montgomery, presented results with Penney's Game as it applies to (American) roulette with Players choosing Red/Black rather than Heads/Tails. In this situation the probability of the ball landing on red or black is 9/19 and the remaining 1/19 is the chance the ball lands on green for the ...

  4. Gambler's fallacy - Wikipedia

    en.wikipedia.org/wiki/Gambler's_fallacy

    The probability of 20 heads, then 1 head is 0.5 20 × 0.5 = 0.5 21; The probability of getting 20 heads then 1 tail, and the probability of getting 20 heads then another head are both 1 in 2,097,152. When flipping a fair coin 21 times, the outcome is equally likely to be 21 heads as 20 heads and then 1 tail.

  5. Checking whether a coin is fair - Wikipedia

    en.wikipedia.org/wiki/Checking_whether_a_coin_is...

    (Note: r is the probability of obtaining heads when tossing the same coin once.) Plot of the probability density f(r | H = 7, T = 3) = 1320 r 7 (1 − r) 3 with r ranging from 0 to 1. The probability for an unbiased coin (defined for this purpose as one whose probability of coming down heads is somewhere between 45% and 55%)

  6. St. Petersburg paradox - Wikipedia

    en.wikipedia.org/wiki/St._Petersburg_paradox

    The first time heads appears, the game ends and the player wins whatever is the current stake. Thus the player wins 2 dollars if heads appears on the first toss, 4 dollars if tails appears on the first toss and heads on the second, 8 dollars if tails appears on the first two tosses and heads on the third, and so on.

  7. So, How Much is ‘Squid Game’ Season 2's Grand Prize ... - AOL

    www.aol.com/much-squid-game-season-2s-200000189.html

    As seen in both season 1 and season 2, the grand prize is 45.6 billion won, which is 100 million per player in the game. The jackpot only increases as more players are "eliminated" AKA are killed ...

  8. Two-up - Wikipedia

    en.wikipedia.org/wiki/Two-up

    Spinner spins a pair of tails before a pair of heads or odding out. 5 Odds 9.375% 28–1 Spinner spins five odds in a row ("odding out") before either a pair of heads or a pair of tails. Spinner's Bet 3.400% 15–2 Only available to the current spinner. The spinner attempts to spin either three pair of heads or three pair of tails, and will win ...

  9. Lincoln cent - Wikipedia

    en.wikipedia.org/wiki/Lincoln_cent

    The coin has seen several reverse, or tails, designs and now bears one by Lyndall Bass depicting a Union shield. All coins struck by the United States government with a value of 1 ⁄ 100 of a dollar are called cents because the United States has always minted coins using decimals. The penny nickname is a carryover from the coins struck in ...