This has probably been discussed years ago, but is it True or False?
Ion Saliu’s
Fundamental Formula of Gambling (FFG)
AMERICAN WHEEL
N = log(1 -DC)/log(1 -p) When DC = 2/3 (66.6%) and p = 1/38
log(1 -DC) = log(1 -2/3) = log(1 - .66666) = log(.33334) = -0.4771
log(1 -p) = log(1 -1/38) = log(1 - .02631) = log(.97369) = -0.0115
N = -.47711/-.011579 = 41.2 = 42
There is a 66.6% (2 in 3) chance that each roulette number will repeat after 42 spins. Equivalently, there is a 66.6% chance that the next spin will be a number that also appeared within the last 42 spins.
EUROPEAN WHEEL
N = log(1 -DC)/log(1 -p) When DC = 2/3 (66.6%) and p = 1/37
log(1 -DC) = log(1 -2/3) = log(1 - .66666) = log(.33334) = -0.47711
log(1 -p) = log(1 -1/37) = log(1 - .027027) = log(.97297) = -0.01189
N = -.47711/-.011899 = 40.09 = 40
There is a 66.6% (2 in 3) chance that each roulette number will repeat after 40 spins. Equivalently, there is a 66.6% chance that the next spin will be a number that also appeared within the last 40 spins.
TRUE? or FALSE?
Ive pulled apart ion's nonsense before.
What's the DC variable and where does he calculate 66.6%?
Regardless, the calculations are irrelevant. The probability of the next spin hasnt changed. That's why he remained a theorist making mistakes, and troll attacking everyone who understands basic probability.