
Originally Posted by
Luls
Not at all. Let me try to explain this a bit better for you.
You walk up to a bot. For my example, this dice has never been used before, so to start, it doesn't matter what number is on the dice right now. You bet 5k on low. At this point, you have a 50/50 chance of winning. The dice rolls 2. You win. You get your money back, and whatever extra you get for winning.
Now, here's where the probability comes in. To start, we say that you have a 50% chance of the dice rolling high, 50% low. That being said, that means that the chance of the dice rolling low for the second bet you're about to make is 50% of 50% (50% chance of the dice being low the first time, and now 50% chance of the dice being low this time). That means you have a 25% chance of the dice being low twice in a row.
You bet 5k on low, and luckily for you, the dice rolls a 3. You collect your winnings.
Now, the dice has been low twice in a row. What are the chances of it being low 3x in a row? 50% of the odds you had from your last roll (50% of 25, or 12.5%). With that taken into mind, you bet 300k on high. The dice rolls, and with the 87.5% chance of the dice coming back high that you have right now, it comes back high.
Congrats, you just won 540k.
With all this being said, this method is no way near fool proof, but as long as you keep track of what has been rolled over the past few rolls, you have a much better chance of winning. Now, please tell me again about the math you learned when you were 4 years old.