We were talking about long losing streaks on the forum when f3tus wrote:
28 losses in a row with 49.5% odds is so rare that I am willing to bet it hasn't occurred a single time in the entire history of satoshidice and other gambling sites.
I replied, offering to take that bet, from him or anyone else.
The bet was taken by a few different people, including by dandiilion who bet around 49 BTC against me.
And then I got scared, and reached out to a few people around the net, trying to get a handle on my chances of winning.
One of them, Frank A. Martin, put together this one-page paper about the bet. Please take a look:
Just Dice Streak Bet.pdf
I ended up winning the bet, but it turns out it was nowhere near as safe a bet as I originally thought!
so don't think that a long streak will save you, maybe crossing your fingers, pray, tossing a coin, saying a special word, carrying a lucky charm, can work better for you. until doog proof the contrary.
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