Indeed. The odds of getting 7 in a row, before you start tossing, is 0.5 to the power of 7.Don’t forget that from a purely probability standpoint, if you toss a coin and it lands on heads six times in a row, that does not affect in any way the chance of throwing a seventh.
But the odds of getting a head on a seventh throw is 0.5.
Not a lot of people know that.
Which is why you rarely encounter a poor bookie.
Although, a well-known NSC poster told me about one, many years ago. His dad.
