The Fallacy of the maturity of chances is a common mistake among gamblers.
Some gamblers always think past events affects future outcomes.
For example, if a coin is lands heads up several times, some people
Think it's more likely to land tails up next.
But each coin flip is independent and the probability of heads or tails is always 50/50
I don't know about Casinos and some others game but I believe in sport betting it do happen that past events most times can be use to determine future outcome of a particular game. History, do repeat itself most times in sports bet, I have a friend who predict or forecast draw and he always used pass records to analyze this games and sometimes they played exactly and sometimes they won't though it is not easy to predict game correct all the time. In conclusion yes sometimes past events can be used to determine future outcome of a particular game in sports betting.