Wiki says that geometric distribution $p(k)=p \cdot (1-p)^k$ describes a probability of Bernoulli trials required to get success.
My question is: Let us assume that we're tossing a coin. A success is when a face occurs. What is the probability that only one toss is required to get a face. According to geometric distribution $p(1)=0.25$. My intuition somehow says it should be $0.5$. Where I misunderstand the whole thing.
Your intuition is correct here.
There are two sort of geometric distributions.
Start with experiments (Bernoulli trials) that are independent and end up succesfully with chance $p$.
Let $T$ stand for the number of trials that are made until the first success occurs. Then:
Let $F$ stand for the number of failures. Then $F$=$T-1$ so:
In the case you mention we are dealing with $T$.