Post
Topic
Board Gambling discussion
Re: Seriously! three times...the individual vs. combined probability.
by
xypos
on 03/09/2021, 02:41:20 UTC
Thanks for sharing.

This is the infamous gambler's fallacy. People's predisposition to patterns can often mislead and misinform.

A classic example is precisely this. "If there was 2 greens in a row, then there is no chance that the third one is green!" or "if it's been high for the last 15 rolls, surely the 16th will be low!" are things that I hear so often in gambling communities. Of course, none of these are backed by logic and will break down the more rolls you do.