First some context, I'm not a mathematician, not even close (as you will soon see) I do grasp some things about it but in a need to know basis, so plain english answers are appreciated (too).
I can't figure out this one even though some have tried very hard to explain/convince me.
So let's say I'm on a roulette (let's leave out the zero, or make it a coin for that matter).
The roulette hits 5 (or any amount of) times red on a row.
My question is why should't I bet to black (or better said why it is the same the one I pick).
I DO UNDERSTAND THE BASIC PRINCIPLE, that there is a material reality which makes the ball randomly fall on any of the two colors (which gives the options a 50-50 chance).
But, I also understand that if you "say": I bet red will come out six times on a row, you do have a very low probability of that happening so:
How is it that if you have seen the ball fall 5 times on a row on red, and you bet on red, you are NOT betting on 6 times on a row on red (that does have lower probability).
Thanks in advance!
I hope I was clear enough with my question, if not, please ask for any clarifications needed.
Sorry for the VERY plain English, feel free to modify or suggest a change to anything that may be misleading.