How can you call them a myth when they definitely exist?
Seriously, is there any bettor who gambles more than often who hasn't experienced a series of wins that came out of the blue and defied the odds? Just huge losses in a row are inevitable hot streaks are the same, it's just a matter of probability, if you play black and red and you bet only on one for example red, at the end of a huge pile of bets you;re going to end with both incredible losses in a row and incredible wins in a row, it's impossible to have just one of them and if it did happen then you must be the unluckiest person in the universe.
Only thing "real" about that run of good luck, is the feeling of it that we feel afterwards.
Why is that so?
If you had a hot streak it means you've won, you made bank, your wins are there for you to collect, how can it be that only losses are real and not wins?
Tell me you never had a streak in your lifetime betting and turn your balance green and I'm going to say you're lying!
I had experience playing roulette in an offline casino. This casino had a large number of gaming tables, where a large number of players played roulette at the same time. Each of the gaming tables was decorated with a large board, on which the numbers that came up were displayed.
You could walk along the gaming tables, look at the board and analyze the numbers and series of numbers that came up. I liked to bet on red / black, so my observations concerned these particular gaming bets.
What I noted for myself was that red numbers very often came up several times in a row. Black numbers also very often came up several times in a row.
At the same time, it was on the gaming tables where the "colored" series appeared that there was the greatest chance of winning. I had very large winning series when playing roulette - up to 20 times in a row when betting on red / black.