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  2. Coin flipping - Wikipedia

    en.wikipedia.org/wiki/Coin_flipping

    The coin toss in cricket is more important than in other games because in many situations it can lead a team winning or losing the game. Factors such as pitch conditions, weather and the time of day are considered by the team captain who wins the toss. Now there are websites such as flip a coin online which domestic sports team use to toss the ...

  3. Penney's game - Wikipedia

    en.wikipedia.org/wiki/Penney's_game

    Player A selects a sequence of heads and tails (of length 3 or larger), and shows this sequence to player B. Player B then selects another sequence of heads and tails of the same length. Subsequently, a fair coin is tossed until either player A's or player B's sequence appears as a consecutive subsequence of the coin toss outcomes. The player ...

  4. Flipism - Wikipedia

    en.wikipedia.org/wiki/Flipism

    It originally appeared in the Donald Duck Disney comic "Flip Decision" [1] [2] by Carl Barks, published in 1953. Barks called a practitioner of "flipism" a "flippist". [3] [4] An actual coin is not necessary: dice or another random generator may be used for decision making.

  5. St. Petersburg paradox - Wikipedia

    en.wikipedia.org/wiki/St._Petersburg_paradox

    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. The St. Petersburg paradox is a situation where a naïve decision criterion that takes only the ...

  6. Law of large numbers - Wikipedia

    en.wikipedia.org/wiki/Law_of_large_numbers

    For example, a fair coin toss is a Bernoulli trial. When a fair coin is flipped once, the theoretical probability that the outcome will be heads is equal to 1 ⁄ 2. Therefore, according to the law of large numbers, the proportion of heads in a "large" number of coin flips "should be" roughly 1 ⁄ 2.

  7. Martingale (probability theory) - Wikipedia

    en.wikipedia.org/wiki/Martingale_(probability...

    A gambler's fortune (capital) is a martingale if all the betting games which the gambler plays are fair. The gambler is playing a game of coin flipping. Suppose X n is the gambler's fortune after n tosses of a fair coin, such that the gambler wins $1 if the coin toss outcome is heads and loses $1 if the coin toss outcome is tails. The gambler's ...

  8. Super Bowl 59 betting: Coin toss, Gatorade bath and odds on ...

    www.aol.com/sports/super-bowl-59-betting-coin...

    The Gatorade bath color and coin toss are among the two most popular Super Bowl prop bets every year at BetMGM. You might not bet heads or tails on that Titans vs. Colts game in October, but it ...

  9. Bernoulli process - Wikipedia

    en.wikipedia.org/wiki/Bernoulli_process

    For example, if x represents a sequence of coin flips, then the associated Bernoulli sequence is the list of natural numbers or time-points for which the coin toss outcome is heads. So defined, a Bernoulli sequence Z x {\displaystyle \mathbb {Z} ^{x}} is also a random subset of the index set, the natural numbers N {\displaystyle \mathbb {N} } .