For me it is pretty consistently 50% +/- 5 even after a minute. It doesn't seem to work well if you repeat the same key a lot (i.e don't flip to often).
I got 52% after a good lot of keypresses (not sure exactly how many). I chose to not look at the screen at all during that time - I think that probably helps.
Edit: Interesting tidbit: I pre-seeded at 100% by holding down F and it trended down to ~68% before I decided I shouldn't spend too much time on this. Maybe we didn't use it long enough?