A fair coin flip is a classic example of a random binary event, with each outcome having an exactly equal probability. The physics of coin flipping has been extensively studied, confirming that for a properly balanced coin flipped with sufficient force, the outcome is effectively random and unpredictable.
Resolution Criteria
A fair coin will be flipped once per day at a predetermined time (to be specified by market creator)
Market resolves YES for "Heads" and NO for "Tails"
If the coin lands on its edge or the flip is otherwise inconclusive, the flip will be repeated
The specific method of verification will be determined by the market creator
Considerations
Each flip is an independent event - previous results have no influence on future outcomes
The theoretical probability for each outcome is exactly 50%
While experimental results may vary in small samples, over many flips the results will tend to converge toward 50% due to the law of large numbers
No amount of research or analysis can provide an advantage in predicting a single flip outcome
The market creator should specify both the exact time of the daily flip and the verification method to ensure transparency
🏅 Top traders
# | Name | Total profit |
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1 | Ṁ400 |