Food for thought

Let me give you a scenerio, this may be a multi-post scenerio, depending on how reserved I can be.

You are walking upon a boulevard in a major gambling city. You happen upon a man sitting at a corner, he goes by the name "Ace" (;-)). In his hand he holds a large gold coin. He flags you down and gets your attention. He offers you $100.00 to play a game with him, win or lose, the $100.00 is yours to keep. Simply stated, I will flip this coin, you call the flip before I toss the coin, if you are correct, I will give you $1,000.00. If you are wrong, you pay me $1,000.00. You examine the coin, it seems on the up and up. Do you flip?

Here are some things to consider.
a. This man makes a living doing this, you can tell by the expensive purple pimp type shoes!

b. He is paying you to play this game, think he has an edge?

Post your answer in the comments or email them. Let me know why you do or do not flip the coin.