Post
Topic
Board Gambling discussion
Re: The Gambler's Fallacy (The key to unbiased gambling)
by
angel55
on 19/07/2019, 17:47:32 UTC

We're definitely not bad at gambling.
He might not able to see it yet he do generalize in all sorts of things when it comes to gambling.Even on the simplest decision

in life do correspond some sort of gamble which we would really need up to make such selection into things.

False, humans are awful at gambling: it’s a scientific fact whether you like it or not. It’s the reason casinos do so well and why the casino business is a billion dollar industry. Here is one of many huge articles containing numerous studies highlighting the psychology behind gambling.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3858640/

There are different types of gambling.  Gambling on something like slots or roulette takes zero skill and is purely luck.  The odds are obviously against you are the game wouldn't be there in the first place, over the longrun you will end up with a negative balance if you play enough games.