Quote from dtrader98:
... this makes no sense. How can you choose to stay out of the losing proposition in retrospect? You can not make a decision in hindsight. It's akin to saying let's assume we avoided picking the losing lottery numbers; now let's study the dynamics under that assumption.
Gee, this system looks profitable.
I eagerly await any rebuttal to my earlier assertions. Although I can see I won't see any rational counter arguments any time soon.
You don't get it because you're a f*ckin' retard... I ended up re-editting the words that I f*ckin' used.
0 means you take the "Given" condition... and don't participate on the decision of the next direction.

), what is the probability that you will get H again in the second toss? ...