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Reply #150 posted 04/01/12 11:49am

lust

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Dave1992 said:



lust said:


Dave1992 said:




That was once my exact thought, but I have come to the conclusion that it's not correct.



The succession of events needs to be observed as that - a succession, which makes it necessary to multiply all probabilities.



So yeah, at any given moment in time, the odds for a throw are also 50%. But what are the odds of having 5 heads in a row? The correct answer = (1/2)x(1/2)x(1/2)x(1/2)x(1/2).



In theory, in infinity, the coin will have shown "head" 50% of the time, right? So, when it has shown "head" for fifty-billion years every single time so far, the chances it will show "coin" are still rising with each time, because, at the end of time, it must have shown "coin" for at least half of the time.




.


[Edited 4/1/12 3:17am]



Like I said, that might seem intuitive but it's wrong. It's not an opinion, it's maths and once the earlier throws are out the way the next throw is 50%. Ask a mathematician or statistician or casino owner or bookmaker if you don't believe me.



Nope, it's not intuition, it IS maths and I just explained and did it for you. lol



Ok. We've just thrown 9 heads. Very unlikely but also occasionally inevitable. We are about to throw again. What are the odds of it being tails. I say 50%. What say you. You see the previous pattern cannot change the physics of the coin.
If the milk turns out to be sour, I aint the kinda pussy to drink it!
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Reply #151 posted 04/01/12 11:52am

Dave1992

Let me add this to make it more clear: yes, you're completely right, the odds for any given event are always the same.

It depends on the moment of calculation. In the first post, when I explained this, my calculation was (1/2)x(1/2)..., which actually shows that I agree with the fact that chances remain the same - 50% or (1/2), but when you want to know the odds of a succession of events (which means you want to know the odds of the same number accuring twice in a row BEFORE you have thrown the dice the first time) you need to multiply both probabilities.

So, given I mentioned this when talking about lottery, it was an irrelevant comment, because we always try to calculate the next numbers and are not interested in the probability of successions.

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Reply #152 posted 04/01/12 11:56am

Dave1992

lust said:

Dave1992 said:

Nope, it's not intuition, it IS maths and I just explained and did it for you. lol

Ok. We've just thrown 9 heads. Very unlikely but also occasionally inevitable. We are about to throw again. What are the odds of it being tails. I say 50%. What say you. You see the previous pattern cannot change the physics of the coin.

I've said it three times already: it is (1/2) or 50%. But I was talking about the probability of a succession of events (which means calculation before it has started).

We haven't thrown a single coin yet. I say the probability that we throw 9 heads in a row is 0,00195 and not 50%. Do you agree?

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Reply #153 posted 04/01/12 12:01pm

lust

avatar

Dave1992 said:



lust said:


Dave1992 said:




That was once my exact thought, but I have come to the conclusion that it's not correct.



The succession of events needs to be observed as that - a succession, which makes it necessary to multiply all probabilities.



So yeah, at any given moment in time, the odds for a throw are also 50%. But what are the odds of having 5 heads in a row? The correct answer = (1/2)x(1/2)x(1/2)x(1/2)x(1/2).



In theory, in infinity, the coin will have shown "head" 50% of the time, right? So, when it has shown "head" for fifty-billion years every single time so far, the chances it will show "coin" are still rising with each time, because, at the end of time, it must have shown "coin" for at least half of the time.




.


[Edited 4/1/12 3:17am]



Like I said, that might seem intuitive but it's wrong. It's not an opinion, it's maths and once the earlier throws are out the way the next throw is 50%. Ask a mathematician or statistician or casino owner or bookmaker if you don't believe me.



Nope, it's not intuition, it IS maths and I just explained and did it for you. lol



Or to put it another way, the odds of throwing 6 heads in a row are about 1.5% but due to diminishing odds,each successful spin reduces the odds against by half. Until you get to the last coin. The odds are now 50%.

It's the same to say of the lottery. Odds of winning are maybe 3billion to one bit with each correctly drawn number your odds are shortened. So now you have 7 of the 8 numbers. The powerball remains. You are on the edge of your seat because you know you have a 1 in 9 chance. By your reckoning you might as well just go out as your odds of getting all the numbers remain at 3billion to one.

Does that make sense?
If the milk turns out to be sour, I aint the kinda pussy to drink it!
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Reply #154 posted 04/01/12 12:02pm

Dave1992

Oh, and by the way: my original statement about playing the numbers that haven't been selected for a long time was a joke. From the on, I thought both of us were talking about succession and not single cases. Now I realise we've been talking about two different things...

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Reply #155 posted 04/01/12 12:04pm

lust

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Ok. We are at cross purpose. We both agree. You initially stated that numbers that have not come up before are more likely to come up next time which is of course as you now acknowledge is incorrect.
If the milk turns out to be sour, I aint the kinda pussy to drink it!
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Reply #156 posted 04/01/12 12:10pm

Dave1992

lust said:

Dave1992 said:

Nope, it's not intuition, it IS maths and I just explained and did it for you. lol

Or to put it another way, the odds of throwing 6 heads in a row are about 1.5% but due to diminishing odds,each successful spin reduces the odds against by half. Until you get to the last coin. The odds are now 50%. It's the same to say of the lottery. Odds of winning are maybe 3billion to one bit with each correctly drawn number your odds are shortened. So now you have 7 of the 8 numbers. The powerball remains. You are on the edge of your seat because you know you have a 1 in 9 chance. By your reckoning you might as well just go out as your odds of getting all the numbers remain at 3billion to one. Does that make sense?

It does make sense and, like I said in my earlier post, we were arguing about two different events.

The odds of getting all the numbers do remain at 3 billion. But if you already have 7 out of 8 you have actually "surpassed" a large portion of the fight against the odds and now you would be looking at the odds of getting this one last number, which are of course much different to the odds of getting all the numbers.

Like I said, it all depends on when you do the calculation - in the middle of the ongoing process of changing odds, calculating for one occasion - or before a succession, wanting to know the odds of that succession. This is irrelevant for the lottery, but I thought you were expanding this argument on actual succession-calculation (which I now see was not the case).

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Reply #157 posted 04/01/12 12:11pm

Dave1992

lust said:

Ok. We are at cross purpose. We both agree. You initially stated that numbers that have not come up before are more likely to come up next time which is of course as you now acknowledge is incorrect.

That was not a serious remark. I just thought we were both talking about something different from then on...

You dirty gooner! highfive

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Reply #158 posted 04/01/12 12:14pm

lust

avatar

Dave1992 said:



lust said:


Dave1992 said:




Nope, it's not intuition, it IS maths and I just explained and did it for you. lol



Or to put it another way, the odds of throwing 6 heads in a row are about 1.5% but due to diminishing odds,each successful spin reduces the odds against by half. Until you get to the last coin. The odds are now 50%. It's the same to say of the lottery. Odds of winning are maybe 3billion to one bit with each correctly drawn number your odds are shortened. So now you have 7 of the 8 numbers. The powerball remains. You are on the edge of your seat because you know you have a 1 in 9 chance. By your reckoning you might as well just go out as your odds of getting all the numbers remain at 3billion to one. Does that make sense?




It does make sense and, like I said in my earlier post, we were arguing about two different events.



The odds of getting all the numbers do remain at 3 billion. But if you already have 7 out of 8 you have actually "surpassed" a large portion of the fight against the odds and now you would be looking at the odds of getting this one last number, which are of course much different to the odds of getting all the numbers.





Like I said, it all depends on when you do the calculation - in the middle of the ongoing process of changing odds, calculating for one occasion - or before a succession, wanting to know the odds of that succession. This is irrelevant for the lottery, but I thought you were expanding this argument on actual succession-calculation (which I now see was not the case).



:). Well that's time neither of us will get back. We should argue more often. Everyones a winner.....unless they have a lottery ticket.
If the milk turns out to be sour, I aint the kinda pussy to drink it!
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Reply #159 posted 04/01/12 12:16pm

Dave1992

lust said:

Dave1992 said:

It does make sense and, like I said in my earlier post, we were arguing about two different events.

The odds of getting all the numbers do remain at 3 billion. But if you already have 7 out of 8 you have actually "surpassed" a large portion of the fight against the odds and now you would be looking at the odds of getting this one last number, which are of course much different to the odds of getting all the numbers.

Like I said, it all depends on when you do the calculation - in the middle of the ongoing process of changing odds, calculating for one occasion - or before a succession, wanting to know the odds of that succession. This is irrelevant for the lottery, but I thought you were expanding this argument on actual succession-calculation (which I now see was not the case).

smile. Well that's time neither of us will get back. We should argue more often. Everyones a winner......unless they have a lottery ticket.

... and unless we argue about what the best football club on this planet is (in that case, only I will win). lol

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Reply #160 posted 04/01/12 12:16pm

lust

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By saving bonds people. The prizes are lower but you keep your stake.
If the milk turns out to be sour, I aint the kinda pussy to drink it!
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Reply #161 posted 04/01/12 12:17pm

2freaky4church
1

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Sure. If you would have won you would have bought me a he-she. lol

All you others say Hell Yea!! woot!
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Reply #162 posted 04/01/12 12:31pm

lust

avatar

Dave1992 said:



lust said:


Dave1992 said:





It does make sense and, like I said in my earlier post, we were arguing about two different events.



The odds of getting all the numbers do remain at 3 billion. But if you already have 7 out of 8 you have actually "surpassed" a large portion of the fight against the odds and now you would be looking at the odds of getting this one last number, which are of course much different to the odds of getting all the numbers.





Like I said, it all depends on when you do the calculation - in the middle of the ongoing process of changing odds, calculating for one occasion - or before a succession, wanting to know the odds of that succession. This is irrelevant for the lottery, but I thought you were expanding this argument on actual succession-calculation (which I now see was not the case).



smile. Well that's time neither of us will get back. We should argue more often. Everyones a winner.....unless they have a lottery ticket.



... and unless we argue about what the best football club on this planet is (in that case, only I will win). lol



I'd say Barcelona. Actually no. Real Madrid
[Edited 4/1/12 12:36pm]
If the milk turns out to be sour, I aint the kinda pussy to drink it!
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Reply #163 posted 04/01/12 2:51pm

dJJ

So, when is the next draw?

We'r going to buy a ticket together?

99% of my posts are ironic. Maybe this post sides with the other 1%.
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Reply #164 posted 04/02/12 9:02am

RodeoSchro

dJJ said:

So, when is the next draw?

We'r going to buy a ticket together?

My offer stands for any Mega-Millions pot $300 million or greater.

My FIRST offer, that is. If you want to spend your $$$ on sex, that's your choice!

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