CronoDAS comments on Rationality Quotes - July 2009 - Less Wrong
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If all I knew was that the last five spins landed on black, if I had to bet red or black, I'd bet black. There could be a bias in the wheel, although roulette wheels in today's casinos are pretty much free from biases. (I'd still prefer not to bet on roulette at all, though, at least not given the standard casino payouts.)