Post
Topic
Board Gambling
Re: Gambler's fallacy, does it exist?
by
Phildo
on 26/03/2015, 04:54:16 UTC
This is pretty interesting. I always thought the chance was the same each play. I guess it's all what you believe / luck.

The chance is the same every play.

that's what the gambler's fallacy is. People THINK that if you have a streak of heads, tails becomes more likely to get back to 50/50, but you don't. that's why it's a FALLACY, because it's false.