Question: Consider the same roulette game as the previous question and you have observed black come up 16 times in a row. For the next bet,

Consider the same roulette game as the previous question and you have observed black come up 16 times in a row. For the next bet, your friend tells you that you should definitely bet on red because the likelihood of getting black again is extremely low based on the past observation. Explain in 3-4 sentences if your friends logic is correct

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