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
It is true unfortunately that many people who gamble do not think like that, me included make this very generic error, I think if in 1000 spins in a slot machine the bonus has not fallen on the screen I tend to assume that in a few other spins it will fall on the screen. This is absolutely not true as I have waited for another 700 spins or so until the bonus hit. The problem is that when you have lost such amount of money in 1700 spins the bonus needs to be explosive in giving you a big multiplier in order to justify the lost amount. The fact is rarely the bonus gives a huge multiplier after having a long time before being hit. This logic needs to change and believe every spin is independent of each other.