If your coin is fair and you are not interested in which 8 out of your 11 guesses are correct, then you are interested in
the number of successes in a sequence of $n$ independent experiments, each asking a yes–no question, and each with its own boolean-valued outcome
which is modeled by a binomial distribution, in your case with parameters $p=0.5$, $n=11$ and $k=8$. The probability you are interested in is given by the probability mass function:
$$ {n\choose k}p^k(1-p)^{n-k}$$
You can calculate this, or use built-in tables or probability density functions from your favorite statistical package. Finally, because I'm never sure I haven't made an error, you can simulate. If all three approaches give the same result, things are looking good. In R:
> choose(11,8)*0.5^8*(1-0.5)^3
[1] 0.08056641
>
> dbinom(8,11,0.5)
[1] 0.08056641
>
> nn <- 1e6
> set.seed(1)
> sims <- matrix(runif(nn*11)<0.5,nrow=nn)
> sum(rowSums(sims)==8)/nn
[1] 0.080538