Impossibility of a gambling system
id:
impossibility-of-a-gambling-system-322-4274750
title:
Impossibility of a gambling system
text:
The principle of the impossibility of a gambling system is a concept in probability. It states that in a random sequence, the methodical selection of subsequences does not change the probability of specific elements. The first mathematical demonstration is attributed to Richard von Mises. The principle states that no method for forming a subsequence of a random sequence improves the odds for a specific event. For instance, a sequence of fair coin tosses produces equal and independent 50/50 chanc
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Impossibility_of_a_gambling_system
date created:
date modified:
2023-06-07T13:31:07Z
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fields total:
13
integrity:
14