Indeed.
It also goes on to say "The gambler's fallacy is the erroneous belief that a win in a game of pure chance is "due" after a string of losses."
A place I part ways with some of the human race. Maybe having worked in a casino as a kid or watching markets forever or both. But how or why do people gamble against fixed odds against them and think they are not going to lose?
To me it is like jumping off bridge thinking you will fly. It's math dude. It isn't going to change for you.
Strange.