E21 - Can you lose money picking 60% winners?
Business of Betting Podcast
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How to Bet on a 60 40 Coin
"People guess way, way too low a number of flips. People feel like we would get people telling us six flips would be enough," he says. "I think that with a moments reflection you can see how that's crazy, right? I mean, there's no way that 10 flips is enough." 'One of the most interesting parts of this experiment is ... getting a simulated experience of what it's like to bet on a 60 40 coin'
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