I think that was just to illustrate how most people are bad at understanding what random sequences really look like %-wise, since we tend to think small, and as a result of that we artificially...
I think that was just to illustrate how most people are bad at understanding what random sequences really look like %-wise, since we tend to think small, and as a result of that we artificially restrict ourselves when trying to design larger "random" sequences in our heads. But IMO what really helped Simon the most was not knowing any of that per se, but instead simply knowing some basic patterns that most people generally conform to when doing this "random" Heads/Tails game:
Most adults will typically only use a single streak of 3 at the longest (kids sometimes a streak of 4) in a sequence of 20
And so, given that Brady immediately started off with HHH, the next was a relatively safe $20 bet on T.
After someone uses their single streak of 3 (or 4), the rest of the sequence will by necessity most likely be alternations between doubles and singles.
Which is how Simon was able to slowly accumulate wins throughout. Since Brady had already "used up" his streak of 3 right at the start, every time Simon saw a streak of HH or TT he knew the next was very likely going to be the opposite.
And finally, having seen Brady rigidly conform to those predictable patterns in 19 previous choices, and given Brady had picked HH directly before the final "flip", it was also a relatively safe $100 bet on it ending with T.
I think that was just to illustrate how most people are bad at understanding what random sequences really look like %-wise, since we tend to think small, and as a result of that we artificially restrict ourselves when trying to design larger "random" sequences in our heads. But IMO what really helped Simon the most was not knowing any of that per se, but instead simply knowing some basic patterns that most people generally conform to when doing this "random" Heads/Tails game:
And so, given that Brady immediately started off with
HHH, the next was a relatively safe $20 bet onT.Which is how Simon was able to slowly accumulate wins throughout. Since Brady had already "used up" his streak of 3 right at the start, every time Simon saw a streak of
HHorTThe knew the next was very likely going to be the opposite.And finally, having seen Brady rigidly conform to those predictable patterns in 19 previous choices, and given Brady had picked
HHdirectly before the final "flip", it was also a relatively safe $100 bet on it ending withT.