Is the coin fair?
There are two simulated coins. One coin is fair with a .50 probability of heads. The other coin is biased with a .60 probability of heads. I will select one of the coins with equal probability and flip it each day and report the result. The market will resolve a few days after the 10th coin flip.
If the coin is fair, the market will resolve to yes. Otherwise, it will resolve to no. I will not participate in this market. Upon request, I will provide a link to the code I used to simulate the coin flips, but only after the market closes.
Coin flip outcomes
1. Heads
2. Heads
3. Tails
4. Heads
5. Heads
6. Heads
7. Tails
8. Tails
9. Tails
10. Tails
🏅 Top traders
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People are also trading
Happy Sunday folks. The biased coin was selected. Thank you for your participation in this market.
If you like this market, you might checkout the market linked below. Happy trading.
@StepanBakhmarin thanks for alerting me to the problem. The tenth outcome is correct. I tried to repost to followers but it didn't work the first time.
I'm cross-listing for those who might be interested:
https://manifold.markets/dfish/which-coin-was-selected-intermediat-0uU6zh2ScU
@PeterScheidt I'm glad you like the concept. I will post the result of the first coin flip tomorrow. My goal is to post the result of a new flip every couple of days to give the market time to converge on a value.