this post was submitted on 11 Feb 2024
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Showerthoughts

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The Gambler's Fallacy makes sense logically, but it feels so wrong emotionally. (lemmy.world)
submitted 9 months ago by alt_total_loser@lemmy.world to c/showerthoughts@lemmy.world
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I can accept the fact that on a Roulette wheel (as long as there are no defects or imbalances in the wheel or ball) that the odds are the same each spin and previous spin outcomes have no influence over the current spin. However, if I see black come up 32 times in a row I am betting on red for the next spin.

https://en.wikipedia.org/wiki/Gambler%27s_fallacy

The Gambler's Fallacy is Really Odd

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[โ€“] ta_leadran_orm@lemmy.world 15 points 9 months ago (1 children)

I would have agreed with you a couple of weeks ago, but this video explains it well. It wouldn't be such a well known fallacy if it wasn't so counterintuitive.

https://youtu.be/ytfCdqWhmdg?si=bNplB3ftYAfvnLYO

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