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Question: Would you be happy repeatedly flipping a coin with an opponent to gamble?
Yes - 11 (55%)
No - 9 (45%)
Total Voters: 20

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Author Topic: Would you be happy repeatedly flipping a coin with an opponent to gamble?  (Read 1364 times)
TippingPoint (OP)
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July 24, 2016, 06:39:29 PM
 #1

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?

Jhanzo
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July 24, 2016, 06:52:47 PM
 #2

 Huh Huh Huh
I don't understand.  It's obviously no different than rolling dice.  Well, except the tiny house edge.

Trusted an exchange that climbed to the top 3 in just under 2 years with your money? you are fucking stupid.
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July 24, 2016, 07:05:46 PM
 #3

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?


Every game whatsoever is a game of chance and depending on how averse to risk will determine how far you're will to earn will determine the chances you're willing to take. For me, if its with an individual yes I will take my chances but not with machine in which I can't trust to have equal chance as me... My 2 cents...
SAMKUSH
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July 24, 2016, 07:17:11 PM
 #4

I personally like to choose the odds for the bets I place, I feel this puts me in more control. I rarely place 50/50 bets (excluding the house edge) because I think it's down to luck using this method. When I use something like martingale I feel as though luck has less to do with the outcome and it is more consistent.
The Sceptical Chymist
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July 24, 2016, 07:51:24 PM
 #5

Maybe if I was a retarded six year old child.  As an adult who has taken statistics, you would not catch me betting on coin flips.  Most gambling ends up on the losing end anyway,  and there are so many other things to do with your money. 

This thread is just sig spam bait anyway,  but hey thanks OP.  We need more topics like this.

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July 24, 2016, 08:11:54 PM
 #6

I like the quick 50/50 best because you win/lose your money faster than using some type of strategy or min bets on other types of gambling websites.

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Ryan Dugan
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July 24, 2016, 08:46:55 PM
 #7

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?



I would. I think it is better to lose to another player then to the house ? Maybe someone feels another way with this ? Anyone doesn't agree ? I see one vote doesn't agree. But why ? Interested.

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July 24, 2016, 08:50:04 PM
 #8

What's the point of this ? You need to play non stop for hours till the 50/50 comes into play. And playing against an opponent is not a very wise thing to do. At least in my country Serbia where people have even lost their lives in land casinos because of the alcohol and the nerves of the play. They have lost playing poker , when things heated up and the massacre happened. I remember it well and that's why I never put my feet in any land casino here. It's not worth and I prefer to bet from my own dark room without anyone knowing what I am doing. My vote is too to disagree with this and keep playing against the house but know in the long run you can lose because of the tiny house edge.
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July 25, 2016, 04:37:27 AM
 #9

It would be incredibly boring. Unless the the other person was drunk or you were joking around and you were using two trick coins  - one coin that was heads on both sides and another coin that was tails on both sides - and you were using some simple slight of hand to switch between coins so that you won most/all of the time. Again, only funny as a joke. Otherwise with a real coin, just boring af.
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July 25, 2016, 05:31:47 AM
 #10

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?



I do it with completely random, because if i using strategy on my mind, it's always ended lose and if i randomly choose the chance to win is more higher for me.
jhenfelipe
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July 25, 2016, 05:34:03 AM
 #11

Just like the old times? Well, I think people nowadays do not like that type of game (especially online) since it will be just a flip of coin, there will be no thrill for the players. Gamblers believe imo that when they can choose the odds and use some strategies, chances of winning will be higher. But for me, all of that will still depend on luck. Strategies and techniques are just an advantage, if you are lucky enough you'll win and if not, then "better luck next time". Anyways, I'm not into that type of games and not really into gambling.
BTCevo
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July 25, 2016, 05:54:04 AM
 #12

Huh Huh Huh
I don't understand.  It's obviously no different than rolling dice.  Well, except the tiny house edge.

I think everyone do understand this thing because flipping coin is sure 50/50 chance without any single house edge meanwhile dice game sure have house edge which mean you will lose everything on a long run but not in 50/50 chance game. I think it has so much different with dice game for sure
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July 25, 2016, 06:05:18 AM
 #13

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?



I would. I think it is better to lose to another player then to the house ? Maybe someone feels another way with this ? Anyone doesn't agree ? I see one vote doesn't agree. But why ? Interested.

Actually, until I read this, I wasn't interested in coin flipping, but yeah, to lose to an individual would be better than the house; I know someone just walked away happy Tongue
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August 01, 2016, 02:07:09 AM
 #14

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?



i think yes, but what is benefit for me? in my experience, i am not good to flipping a coin with others so i think its worse for me.



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Karpeles
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August 01, 2016, 02:10:30 AM
 #15

If I can decide when to stop, yes.

I will be ahead in some moment, almost 100%sure, just make it stop when it happens
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August 01, 2016, 02:19:50 AM
 #16

I don't like flipping coin, despite I do it all the time to determing some contentious issues when arguing with my friends IRL.
I definitely wouln't do it for a big money. It is simply not rewarding enough for me.

And what about theoretical third outcome, in which the coin comes to rest upright on its edge?
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August 01, 2016, 03:04:05 AM
 #17

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?



it's funny to see this here now. because i was actually thinking about this.

mathematically i can't figure out if it is really different than dice with 50/50 chance but with my logic i have got a feeling that there should be a difference because there is only 2 results not 100s of results like dice.

so i wanted to try it but i don't know where!


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August 01, 2016, 03:07:38 AM
 #18

real gamblers know how to find an edge and gain an advantage, no matter how small that advantage may be. Flipping a coin is pure luck and therefore dumb

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August 01, 2016, 03:10:41 AM
 #19

Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?


People used to do that with CS:GO skins, and I think that's probably where you got the idea from. As for it being a good idea or not/there being any interest, it might be a somewhat good idea and if you design the site right it might be a good idea, but you have to make it look less like massive Bitcoin losses and more like a sort of game, like how CS gambling sites used to do it. That's the best way to make sure people keep gambling to my knowledge, when using a system like that.
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August 01, 2016, 03:58:14 AM
 #20

Quote
Would you be happy repeatedly flipping a coin with an opponent to gamble?

by "with an opponent" if you mean PvP then yes, because that is the real 50/50 chance with none of us having the edge, unlike when playing against the house which has the edge.

actually i think this is why the PvP type dice game was somewhat the favorite of some people back in the days when PD let it happen.

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