Who wins and What next step?

[Maotezi]

Who wins?
The situation is like this,
We have person "X" and person "Y"
Game: flipcoin (50%)
Casino: Online
Bet: $ 700

Person "X" played 5 games before this turn, and for the last 5 games he has lost bets carrying bets of: $ 40, $ 50, $ 70, $ 95, $ 120.
Person "X" has been hit hard by adrenaline and is ready to play alone with the maximum amount of his wallet, which is $ 700.
A bit of despair and sadness finds "Y"
Person "X" will not leave the site, if he wins, he will continue to play,
he will be happy but a great opportunity and afterwards he will lose everything because of the great adrenaline.

Person "Y" played 3 games before playing with person "X", the last bet he got, with a profit of $ 140, $ 200, $ 500.
Person "Y" is very lucky and excited, and now with great profits, he is confident and ready to play another game with a big bet of $ 700.
Finds an "X" with a smile
Person "Y" is likely to leave the site, if he wins, raises his money, he will be happy and satisfied.

I think it is clear to you that "X" has a great chance, because of the principle of Online casino, or rather, the fairness of the site.

Who do you think will take this money?
How many have a chance?

In this case, in my opinion, both people will go bankrupt, that is, they will lose the amount of money they have on the site.
Explained:
Both are caught by the gambling euphoria, one has the greed to bring back the lost, in short: this, in most cases, goes to waste and ends with empty wallets.
The other person thinks he has the world at his feet, but such ones end quickly, he will lose the match and later greed pull him into the house and he will end up with empty pockets.

And the story ends with the online casino making a huge profit, and he is the only subject  win this match.

[Quidat]

Okay, were talking about Flipcoin here where i do believe this is a PvP type of game and as usual there would be fees or deduction on every round.
But asking on whose gonna take the win? If all is on the fair side then its neither on the two and winning chance doesnt been affected
if you are already losing back too much because everything is random, you can win straight or lose at the same time.

[goinmerry]

You can just remove the example and goes directly to the subject.

What struck these 2 gamblers is definitely the usual human nature we are dealing with when playing gambling.

While on the progress, something form on their mindset that they should follow their instinct and push for it disregarding the worst-case scenario.

Even one of them or both lose on the process, as long as they are still responsible gamblers after that, I see no problem with it.

[Darker45]

I still think the outcome will be 50:50 between players X and Y as regards their next $700 flip. However, in the long run, it appears that player X will be the one who will go home a loser. Player Y, after all, is going home if he wins. And he is already winning.

A bit of inconsistency in your example, though. You indicated that "A bit of despair and sadness finds "Y"" but then proceeds further that ""Y" is very lucky and excited... he is confident and ready to play." That does not seem consistent.

[Wexnident]

How did you think that we would think that X has a great chance? You can lose 10 times straight and the casino would still be fair. You could win 10 times straight and the casino would still be fair. It's not like they took advantage of a loophole, in the end, their losses and wins are subjected to the vaguest thing but also the god of gambling, "luck". Also see here, simple math, Peron Y already won $950, even if he lost $700 cause of the last bet, he still has a profit of $150 which even if was less than what he already should have won, is still profit. Person X on the other hand literally lost everything. This is in the case that both of them loses btw.

[Ucy]

Flipcoin is a luck-based game, right? Meaning there is no skill involved? Well, I do not fully understand what you are trying to convey because I am not too familiar with the game.
So from my observation of how similar luck-based games work, I think one will likely come out victorious in person to person competition.

[Duzter]

Flipcoin is a luck-based game, right? Meaning there is no skill involved? Well, I do not fully understand what you are trying to convey because I am not too familiar with the game.
So from my observation of how similar luck-based games work, I think one will likely come out victorious in person to person competition.

Myself too found it little difficult to understand the message that's been conveyed in the Op. In the quote a sentence was there stating both will go bankrupt at some point for different reasons. This is gonna happen with any form of casino based game. Even if this is luck based, one wins and the winning belongs to him only if he knew where to stop and when to start.

[dunfida]

What flip coin you are talking? Same on the 1st reply of the user above which flip coin is between heads and tails between users so its a duel type of game and on the example you had given is that you do mention about having turns? It means they are against the house? Please clarify yet its quite confusing.

One things for sure, any luck based games doesnt rely on fixed chances.

[btc78]

Flipcoin is a luck-based game, right? Meaning there is no skill involved? Well, I do not fully understand what you are trying to convey because I am not too familiar with the game.

what can you expect from OP?when most of the thread he creates is hardly to understand lol,i have been seeing all his thread and believe me it will take you long time before fully understand 

So from my observation of how similar luck-based games work, I think one will likely come out victorious in person to person competition.

flipcoin is only for lucky person and just like slot games and roulette you dont have to be skilled to learn and win here,so basically the example is not appropriate to use on this one.

[AliMan]

Flipcoin is a luck-based game, right? Meaning there is no skill involved? Well, I do not fully understand what you are trying to convey because I am not too familiar with the game.
So from my observation of how similar luck-based games work, I think one will likely come out victorious in person to person competition.

If you're expecting good wins for this luck based games, having no skills would be putting some lucky picks on every bets. That's more like doing multiple choice, without even analyzing your moves for the gambling game.
This must be a recommended games for amateurs in gambling, and I guess this was very entertaining type of gambling, easy and convenient ways of gambling experience.

[panganib999]

Uhh, lose or win casino always wins. Ngl. Like, it losses once in a blue moon, but really, casinos were made so that they can suck off of their users. Also, logically speaking, I doubt you could predict results from the situations provided. It is still a 50/50 and either way, Person X wins if he wins that $700 bet then hes pretty much happy same when person Y wins. But when they both lose, only Person X is on the disadvantageous side since he pretty much lost everything while Person Y lost what he could've since he won more than $700 already. Losing it isn't gonna impact his original funds in any other way.

[Ailmand]

Good example of both side of gambling greed and how gambling site or any gambling operation works. My uncle who works in a casino always tell me not to gamble because it is always the house that wins. This example shows no matter what happens even if we win or lose we always get greedy and ends up bankrupt by the end of the day.

[peter0425]

Good example of both side of gambling greed and how gambling site or any gambling operation works. My uncle who works in a casino always tell me not to gamble because it is always the house that wins. This example shows no matter what happens even if we win or lose we always get greedy and ends up bankrupt by the end of the day.

maybe better to say Majority losses but there are some people that make living this gambling field and i know there is a topic here that tackles that issue.

i have a cousin as well who works as dealer wayback and same thing that he tells me,it is most probably the house will win and a chance of players to win is very tiny and small.

but using brain and heart?i think we can survive in gambling ,without addiction of course.

[Maotezi]

How did you think that we would think that X has a great chance? You can lose 10 times straight and the casino would still be fair. You could win 10 times straight and the casino would still be fair. It's not like they took advantage of a loophole, in the end, their losses and wins are subjected to the vaguest thing but also the god of gambling, "luck". Also see here, simple math, Peron Y already won $950, even if he lost $700 cause of the last bet, he still has a profit of $150 which even if was less than what he already should have won, is still profit. Person X on the other hand literally lost everything. This is in the case that both of them loses btw.

Of course he has a better chance, because he lost consecutively, and in fair play, in principle, he has a better chance than his opponent. But of course the cube is a miracle, one never knows what will happen, we can predict.
It may be easy to experience that loss, but we can certainly say that there is a better chance.

[alexsandria]

Flipcoin is a luck-based game, right? Meaning there is no skill involved? Well, I do not fully understand what you are trying to convey because I am not too familiar with the game.
So from my observation of how similar luck-based games work, I think one will likely come out victorious in person to person competition.

Myself too found it little difficult to understand the message that's been conveyed in the Op. In the quote a sentence was there stating both will go bankrupt at some point for different reasons. This is gonna happen with any form of casino based game. Even if this is luck based, one wins and the winning belongs to him only if he knew where to stop and when to start.

I got confused, the same as you guys. I was wondering on what the OP really did want to state here. The game winning percentage was 50% and purely based on what would be the result, no tecnhnique nor analysis was made, and he is asking on who would win. I just came up with a bit of an idea that person "Y" would win either way or both? But the one who would've potentially the great loss is "X" of course, he wouldn't have any left to return when the game was over except "Y" who still got a 140$.

[Soots]

Good example of both side of gambling greed and how gambling site or any gambling operation works. My uncle who works in a casino always tell me not to gamble because it is always the house that wins. This example shows no matter what happens even if we win or lose we always get greedy and ends up bankrupt by the end of the day.

maybe better to say Majority losses but there are some people that make living this gambling field and i know there is a topic here that tackles that issue.

i have a cousin as well who works as dealer wayback and same thing that he tells me,it is most probably the house will win and a chance of players to win is very tiny and small.

but using brain and heart?i think we can survive in gambling ,without addiction of course.

We won't be addicted if we didn't let ourselves perform gambling habitually. Always think of it many times, you're the one responsible for controlling yourself, no other than, it's not your parents, friends, or your family. Gambling can be done occasionally, it doesn't need to be a daily activity because it's not required as our source income for survival.

[finaleshot2016]

When we're talking about probability then it's 50% chance to win and lose. It's a matter of mathematics, how can you say that X has more chance to win than Y? There's a random algorithm in every online gambling site, just because X keeps losing, doesn't mean he will win in the next bet because there's a chance that Y will have a 5 win streak.

Let's be practical about taking lessons, it's very confusing and I don't know what's the purpose of X and Y, I didn't appreciate it.

[ethereumhunter]

When the gambling games are base on luck, then it is hard to determine the winner although we have a calculation about who will be the winner. We cannot predict when the luck will come, and who will receive that luck. But I think the winner will be the house because no matter if X or Y is the winner, still, the house will take the big profit from both X and Y because remember that every bet that X and Y use will be for the house. And in these situations, the winner still the house.

[DoublerHunter]

^ Who do you think will take this money? They are not only the players here on the said gambling site if Y has won $700 then X has had a loss of $700 still the house edge got the money from another player not only at that time. If X keeps losing it is also good for X to leave the site as what Y did. Good thing Y was won and defeat the house ed with a fair game. This is all about luck, what if they are also both lose the game and no one will lucky. The decision of Y is good, he had won a big huge amount and leaving is a wise decision.

[Asuspawer09]

ITs a bit confusing but since its a flip coin game, in my opinion, it's still 50/50 no more no less the player Y just won 700$ assuming he already win so maybe his opponent was X surely loss the money,
But if they are playing a big bet it's still 50/50 since it was a flip coin and the probability could increase with some tricks but I don't think it was effective like what other says. BUt the player Y is already won so I think he's the winner.