Quote from: UserU on Today at 03:51:13 AM

Quote from: desertfox470 on Today at 03:09:59 AM

This is basically what I was expressing in another thread. If you are playing a 50/50 odds then every game is independent. Meaning if you lose one game the next game you still have those odds. You don't suddenly have better odds for your next game.

So you're that guy! Cheesy

Exactly. Well, how smart casinos are there trick our minds into believing the Gambler's Fallacy.

Heh, he and most people are that guy. I mean, I admit, I play a lot of manual dice and roulette too and when I decide to go big bets that can last perhaps 7/8 streaks, then I play tiny until I see perhaps a 4-lose streak THEN I go in and bet my martingale.

I still know my chances have not changed and the probability for me to 7/8 lose in a row has not changed. But I do it anyway, just because.

Apparently Gambler's fallacy has been detected even in other industries, to detrimental effects. E.g. in law, if the last 5 cases were not guilty, surely the next one has to be guilty?