Using Coin Flips for Decisions?

[serjent05]

But it got me thinking: Are there any users here who actually incorporate coin tosses into their gambling strategies?
I’d love to hear if anyone uses this simple tool for some Gambling decisions

Just like the earlier replies, I also don't use coin flip in order to do any gambling decisions.  I found it a bit cumbersome since if I do that, I have to stop every now and then to do my bet.  And since I am fond of playing slots, that would really delay the gameplay and at the same time will be too much task for me if I have to pause each spin and do coinflip to decide how much I have to bet.  I just make it simple, set the bet amount, and do the auto spin.

[Ultegra134]

In theory, a coin flip is supposedly 50/50 chances; there are only two outcomes, heads or tails. Although this is true, it's a common misconception that doesn't take into account the house edge. This 1% is enough to change the total outcome; it might seem insignificant, but 51/49 chances will have a completely different outcome. With that being said, I'm not surprised that there are still people who are completely unaware of it, including myself. I had no clue what the house edge was before I started gambling and being involved in this forum.

[jossiel]

But it got me thinking: Are there any users here who actually incorporate coin tosses into their gambling strategies?

I have done that many times and it's one of the decision makers whether I'd proceed and continue to gamble even if I am at losses or not.

Something such that when I can't decide for myself and that's why flipping a coin is the one who decides if I shall continue despite knowing that I might lose more.

[Wexnident]

~

Ok, that's just nitpicking. Pretty sure he just meant it in general lol.  And no, I'm already gambling, why tf would I add another layer to it that provides absolutely no benefit to me or my bet. And would just needlessly take up time! It's not instant after all if you do it irl, and even doing it digitally would still make pauses to the session.

Sometimes though when I do bets on two teams that are of pretty close levels (according to me), I go to their Subreddits and check out the fans. Whoever syncs better with me (or just in general kinder-ish), that's who I bet for .

[HelliumZ]

When it is difficult to make a proper plan about a decision, initiatives are taken to implement the proper decision of the plan by simply tossing a coin. A team's fate is determined by tossing a coin at the start of a football or cricket game. In fortune telling by tossing a coin, it is believed that the one who has the best luck has the coin favored. Sometimes even if the coin is not in favor, if luck is good, you can win the bet or the game.

[Oasisman]

I was browsing through some topics here on the Gambling discussion board, looking for something interesting when I came across a locked thread with a comment that caught my attention:

Gambling as we know is a fifty by fifty chances of losing or wining

But it got me thinking: Are there any users here who actually incorporate coin tosses into their gambling strategies?
I’d love to hear if anyone uses this simple tool for some Gambling decisions

Ya'll might not believe this, but coin flipping is actually a street gambling game here in PH. It is an illegal form of gambling and government are still continuing to pursuit this kind of activity. These gamblers usually use 3 coins to flip. I'm not sure about the mechanics, but I think the more you get heads, the more you win money. So, that 50/50 chances for this game may not be applicable.
Anyway, I have never tried flipping a coin to make any decisions, even use it for gambling strategies.

[Samlucky O]

But it got me thinking: Are there any users here who actually incorporate coin tosses into their gambling strategies?
I’d love to hear if anyone uses this simple tool for some Gambling decisions

Well actually I don't think I have tossed or flip a coin to make decisions in gambling before.. for me I see it as a waste of time when I can just bet without flipping a coin . Although me saying this, doesn't mean that others Cant do what pleases them. Just that sometimes these form of strategy is a kind of delay tactics to avoid addiction and losing more often.

[boyptc]

I think that's one of the most common way for someone to answer a question when even themselves do not have an idea of what the answer would be.

That is the reason why this is a known strategy in gambling that you can just heads or tails and you'll get to have an answer after that flip.

And in sports betting, when you are not comfortable of what you're about to bet but you want to, you just flip the coin and follow the rest of your luck wherever it will lead you.

[albert0bsd]

And in sports betting, when you are not comfortable of what you're about to bet but you want to, you just flip the coin and follow the rest of your luck wherever it will lead you.

LOL hoping that don't lead to much losses

Ya'll might not believe this, but coin flipping is actually a street gambling game here in PH. It is an illegal form of gambling and government are still continuing to pursuit this kind of activity. These gamblers usually use 3 coins to flip. I'm not sure about the mechanics, but I think the more you get heads, the more you win money. So, that 50/50 chances for this game may not be applicable.

Oh You unlocked a memory of my childhood, when i was a kid in some party in my house, some uncle did some kind of gambling game with three coins, It was actually funny because him was literally giving us some money, because the game wasn't biased or fixed.

This 1% is enough to change the total outcome; it might seem insignificant, but 51/49 chances will have a completely different outcome. With that being said, I'm not surprised that there are still people who are completely unaware of it, including myself. I had no clue what the house edge was before I started gambling and being involved in this forum.

yes that can make difference in the very long run, I think that is difficult found a game where the house play over that small edge