OTOH, the probability of some other explanation besides a fair coin isn’t consistent among all other possible sequences, so what the actual result does to your estimate of the likelihood of a fair coin depends on the actual sequence, and your basis for believing the coin was fair going in.
Things are only slightly different with, say, a coin you’ve been told has a 60% bias.
EDIT: For instance, if there is a 1:1,000,000 chance that you would be given an underestimate of bias and a 1:1,000,000,000 chance of the outcome you actually receive being true if the coin had only the bias you were informed of, its a lot more likely that you were lied to than that you just got an unusually consistent set of results.
It doesn't change the point of my original comment, regardless of the improbability of 60 heads in a row, you aren't "due" 40 tails in a row because the events are independent. That's all I was getting at before you took us on a weird tangent.
The original point of your comment is correct, at least from a probability standpoint. You don't get "owed" tails. I guess my hint was that there are sometimes other factors at play that mean the theory goes out the window. Like if someone shuffles a deck in front of you and it ends up new deck order, it's more likely they're a magician than lucky.